Dhanalakshmi Bank

It is mandatory to enter IFSC code to identify the bank branches to perform fund or cash transactions. RBI has provided an IFSC codes to all the bank branches in India. These codes are unique 11-digit codes with alphanumeric characters, which won't repeat. Without these codes the bank branches can't transfer funds. These codes help to transfer funds to the right person account, without any problem.

For example, we can take the IFSC code: "DLXB0000034" of the Dhanlaxmi Bank Limited branch in Aloor, Trissur, Kerala. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Dhanlaxmi Bank Limited account or to other bank accounts.

• Here, the first four alphabets, DLXB, indicate the bank name, i.e., Dhanlaxmi Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 000034 - denotes a particular branch of Aloor, Trissur, Kerala.

The Indian Financial System Code is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IMPS), from one bank to another through electronic Instant Mobile Money Transfer service, and Centralized Funds Management System (CFMS) instructed by RBI.

According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in India and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Dhanlaxmi Bank Limited IFSC Code and MICR Code?

If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Dhanlaxmi Bank Limited.

The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank's official website. Some of the third-party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.

Some of the popular financial comparison sites display the table carrying IFSC codes for Dhanlaxmi Bank Limited branches throughout India. Any account holder visiting the website can choose the Bank IFSC code link present on the home page. Customers by clicking the link and feeding some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for Dhanlaxmi Bank Limited. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.

Dhanalakshmi Bank Branch Details

• Andhra Pradesh

• Chandigarh

• Delhi

• Goa

• Gujarat

• Haryana

• Karnataka

• Kerala

• Madhya Pradesh

• Maharashtra

• Punjab

• Rajasthan

• Tamil Nadu

• Uttar Pradesh

• West Bengal

ABOUT DHANLAXMI BANK

• Dhanlaxmi Bank Limited was incorporated in 1927 at Thrissur, Kerala by a group of ambitious entrepreneurs. More than 93 years, Dhanlaxmi Bank with rich heritage has earned the trust and goodwill of clients. It is due to the strong belief in the need to seek innovation, deliver best service and demonstrate responsibility that have grown from strength to strength.


• The number of customers, the scale of business, the breadth of product offerings, the banking experience it offers or the trust that people invest in. With 533 touch points across India, it is always focused on customizing services and personalizing relations.


• The vision of the bank is banking on relationships forever. The mission of the bank is to become a strong and innovative bank with integrity and social responsibility to maximise customer satisfaction as well as that of the employees, shareholders and the society.

BANK ACHIEVEMENTS

• As on 31 March 2021, the bank has recorded an annual operating profit of Rs.105.09 Crores and Net profit of Rs.37.19 Crores and the total business reached Rs.18,834Crores from Rs. 17,703 Crores as on 31st March 2020, registering growth of 6.39%. On 31 March 2021, Deposits recorded a growth of 7.41% to reach Rs.11,712Crores from Rs.10,904 Crores as on 31st March 2020. CASA deposits grew by 20.28% during the year and reached Rs.3,908Crores as on 31.03.2021 which was Rs.3,249 Crores as on 31.03.2020. As on 31 March 2021, CASA to Total deposits has increased to 33.37%.


• On 31 March 2021, Gross Advances reached Rs.7,122Crores from Rs. 6,799 Crores registering growth of 4.75% and Retail advance grew by 19.91% to reach Rs. 3,608 Crores. Gold Loan portfolio stood at 26.14% of advances, registering a growth of 46.61% on YoY basis. As on 31 March 2021, Non-Interest income of the bank increased to Rs. 141.48 Crores from Rs. 112.85 Crores as on 31st March 2020, registering a growth of 25.37%. CRAR improved to 14.47% in FY 2020-21 against 14.41% during the Previous Year 2019-20. Book value of the shares stands at Rs.34.15 as on 31.03.2021.

BANK MILESTONE

• The bank was founded on 14 November 1927 at Thrissur, Kerala. In 1975, the first branch outside the home state of Kerala was set up at Chennai Mount Road. In 1977, it was designated as a Scheduled Commercial Bank by the Reserve Bank of India (RBI). In 1980, nearly 100-strong branch network. In 1986, the total business was Rs. 100 crores. In 1996, first public issue and total business of Rs.1,000crores. In 2000, installed the first ATM. In 2002, First Rights Issue and Platinum Jubilee year were celebrated. In 2007, the total business of Rs.5,000crores and 80th Anniversary year was celebrated.


• In 2008, the total business of Rs.7,500crores and the Second Rights Issue. In 2009, it opened 45 new branches and 102 new ATMs. In July 2010, Raised Rs.381 crores through QIP and opened 20 new branches and 280 new ATMs, launched a new brand identity; created a platform for a unified image. In 2011, it launched IMPS (Immediate Payment System). In 2014, it launched Missed Call Services through Phone Banking for the benefit of customers and introduced Three New Savings Bank products namely DhanamYuvak,DhanamVanitha and Dhanam Genius Account.


• In 2015, it achieved "High Rating" from BCSBI in the "BCSBI Code Compliance Rating" and launched "Dhan Smart" - A Smart Mobile Application for the convenience of its customers. In 2016, it introduced Immediate Payment System (IMPS) in Retail Internet Banking and Commenced Navathi Celebrations of Bank. In 2017, it launched Bharath Bill Payment System. In 2020, Highest ever profit of Rs.65.78Crore, Consistent profit for Last seven Quarters.


• Dhanlaxmi Bank is a 93 year old organization renowned for its rich culture and heritage was established for promoting a social cause, the Bank was a Kerala based entity in the initial decades. It became a Scheduled Commercial Bank in 1977 and progressively branched out into the rest of India. The bank has 533 customer Outlets (including 245 branches, 258 ATMs, 17 BCs, 11 RPCs, CPC & Treasury) across 14 States and 1 Union Territory. It has seamlessly integrated tradition with technology for attracting customers across generations.


• Over the years, it has established a good track record for meeting customer needs with care, courtesy and concern. The vision of the Bank "Banking on Relationships forever" appropriately mirrors this priority. A friendly but challenging work environment awaits. Even as they keep contributing to the achievement of the bank's corporate goals, there will be adequate scope for self-development along the way. All in all, working for the bank will truly be an experience to cherish.

ADDRESS
Dhanlaxmi Bank Limited,
Dhanalakshmi Buildings,
Naickanal,
Thrissur - 680 001.
kerala
contact:0487-6617142.