DCB Bank has opened its 50th branch in Odisha at Chandrasekharpur, a resident and commercial locality in capital city Bhubaneswar. The new branch a part of DCB Bank’s strategic expansion in Odisha will offer customers a range of retail banking services such as savings and current accounts (CASA), Fixed Deposits (FD), and various loan products. It will provide a variety of loans to farmers, agri, micro and small businesses, local artisans such as Patachittra artists, Small Road Transport Operator (SRTO) and individuals.
The branch will also disburse loans for tractors, high-tech farming, educational institutions, retail small ticket micro finance loans and Kisan Credit Card to farmers, in addition to loans against gold and loans to MSMEs. The Bank has financed construction projects particularly focused towards affordable housing.
The bank also simultaneously opened branches at Junagarh in Kalahandi district, Khariar in Nuapada district and Padampur in Bargarh district of the State. Odisha has been an important state for DCB Bank. The Bank has played a critical role in the socio-economic development of the State and driving financial inclusion among the low income and economically weaker members of society.
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.
