DCB Bank has witnessed significant jump in its foreign remittance services on the coronavirus outbreak, specially for education purposes, as parents want to ensure their children abroad have sufficient money to sustain themselves in situation of a lockdown. Since March 15, 2020 the bank’s volumes on outward remittance services have increased many folds. There is a significant difference in before-and-after demand since mid of March.
The bank has been getting large number of calls from resident Indians as to how they can send money to their children studying abroad, for immigrant Indians and for medical emergencies, among others. One need not to be a DCB customer to send money abroad, the person can avail the remittance service by logging into www. dcbremit.com. One can use the DCB Remit platform by transferring funds from savings bank account in another bank anywhere in India to a specified DCB Bank account.
DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.
Company Name | CMP |
---|---|
HDFC Bank | 1520.75 |
ICICI Bank | 1145.00 |
Axis Bank | 1147.80 |
Indusind Bank | 1477.15 |
Kotak Mahindra Bank | 1633.35 |
View more.. |