Focus Delhi

Banks in Delhi

The banking system in the country has manifested tremendous growth. Most of the banks have included additional services in their portfolio. The same applies to the banks in Delhi. Since the competition continues to increase with every passing day, the banks try their level best to retain clients and business. It mainly banks on the customers who have been maintaining accounts over a considerable time period.

Banks in Delhi and Their Services

These days banking services comprise a wide range of services. They offer insurance products too. Most of the banks will help you to create your own investment portfolio. Extending loans has become an important part of the services of the banks.

Irrespective of whether you want a home loan, car loan, and an education loan etc, if you qualify for one, you get the loan in no time. However, the banks in Delhi and in other cities too have restricted their lending activities as far as offering personal loans are concerned.

Although banks in Delhi and other cities will be too glad to offer you a loan, you need to fulfill the eligibility criteria. This may include having enough income so that the bank is aware and convinced that you will be able to repay the loan amount.

Debit and credit cards are an important part of the banking services in Delhi. The usage of plastic money has risen greatly over the years. Banks offer credit and debit cards to customers.

Types of banks in Delhi

Delhi has private, foreign as well as government banks. The names of government banks in Delhi are as follows –

  • Andhra Pradesh
  • Allahabad Bank
  • State Bank of India
  • Punjab National Bank
  • State Bank of Bikaner and Jaipur
  • Indian Overseas Bank
  • Dena Bank
  • State Bank of Mysore
  • Canara Bank
  • Bank of Baroda
  • Central Bank of India
  • Bank of Maharashtra
  • Vijaya Bank
  • UCO Bank
  • State Bank of Hyderabad etc

Foreign Banks in Delhi

There are many foreign banks in Delhi. The names of few of these banks are as follows –

  • Bank of Tokyo
  • ABN AMRO Bank
  • Citi Bank
  • Bank of America
  • ANZ Grindlays
  • Deutsche Bank
  • HSBC
  • Yes Bank
  • Standard Chartered Bank

Private banks in Delhi

There are few private banks in Delhi too. The names of these banks are as follows –

  • IDBI Bank
  • HDFC Bank
  • Lord Krishna Bank
  • ICICI Bank
  • Syndicate Bank
  • IndusInd Bank
  • Axis Bank
  • ING Vysya Bank

Most of the banks in Delhi have ATM counters in different parts of the city. Some of the banks in Delhi have their ATMs in important places like multiplexes, departmental stores, airports, hospitals, entertainment parks, near food joints, and near cinema halls etc.

Most of the banks will allow you to access cards having the VISA and Maestro symbol in all ATM counters. So, if you are having a debit or a credit card of let us say, Axis Bank, you will be able to transact at an ATM counter that belongs to State Bank of India or HDFC Bank etc. All you need to do is pay a minimal amount as fee for availing the services of the respective banks in Delhi.