DCB Bank opens new branch in Hyd

Hyderabad: DCB Bank inaugurated their new scaled up branch in Kompalle located in Medchal-Malkajgiri district in Telangana. DCB Bank's branch, located at Chalimeda Vimala Devi Building, is a part of the DCB Bank's goal of scaling up their operations across the State and reach out to a larger number of individuals, sole proprietors, business owners, farmers, Medium and Small Scale Enterprises (MSME), small businesses and traders.The branch was inaugurated by the chief guest, Abhishek Augustya, IAS (Additional Collector), Medchal-Malkajgiri District, Hyderabad in the presence of bank officials.

Narendranath Mishra, Head, Agri & Inclusive Banking, DCB Bank, said: "DCB Bank's presence in the State of Telangana continues to grow. The Bank is delighted to contribute to the socio-economic growth and create opportunities for individuals, businesses, farmers, and entrepreneurs. We empathise with customers and create banking products and services that fulfil many a financial requirement of the customer. The Bank offers attractive interest rate for Savings Account up to 7 per cent per annum for certain deposit amount. DCB Fixed Deposit also offers attractive interest rates."

The branch offers DCB Bank customers in Medchal a wide range of retail banking services including lockers of all sizes, DCB Savings Bank account at an attractive interest rate up to 7 per cent per annum on balance amount between Rs 25 lakh to Rs 2 crore, DCB current account, DCB fixed deposit, and loan products for individuals, farmers, agri-businesses, and micro, small and medium enterprises.

DCB offers loans for various customers is available at the branch. DCB Gold Loan offers quick loan processing for shop owners, traders, agri-entrepreneurs, business owners, craftsmen, and others.The Bank offers business loan to Micro and Small and Medium Enterprises (MSME) and proprietors for their business needs.DCB Bank is focused on the agriculture segment and offers Tractor loan, Kisan Credit Card (KCC), loan for educational institutions, loan for construction finance and inventory funding to builders. Medchal-Malkajgiri location is known for horticulture, vegetables and floriculture products. The district primarily serves the needs of the cities of Hyderabad and Secunderabad.The DCB Bank branch in Kompalle strives to provide exceptional ease of banking to customers, both in-branch and through digital such as DCB Mobile Banking, DCB Internet Banking and DCB Remit for funds transfer from India to abroad.