Dena Bank

Dena Bank was nationalised in 1969 along with 13 other banks. It is a public sector bank that works with a mission to offer the great value to its customers through premier financial services. The bank has always tried to offer the best to its customers, staff and the shareholders. The bank offers services like personal banking, NRI banking, corporate banking, core banking solution, internet banking as well as priority and SME services.

Dena bank has various schemes for the savings account. They also offer savings account with life insurance facility. The account holder would be given the choice of availing the life insurance up to Rs.1 lac under this scheme. Dena Bank would act as a corporate agent in this case. The insurance is offered at very low premium and can be availed up to 60 years of age. If the account holder opts for that insurance then he can avail it without any medical tests. There are many other savings schemes like term deposit and recurring deposit available with the bank. The savings scheme for the senior citizen is different from the regular one as they are offered more interest on their savings. The bank has also come out with a savings scheme where customer can open an account with funds as low as Rs.10. The savings account holders are offered the ATM card to be used for convenient banking.

The deposits and loans are the main transactions that take place in banking. Hence, apart from the deposit service, the bank also offers the loan to its customers. The loans from Dena Bank are offered to fulfil all kind of financial needs. It is offered at very competitive interest rate through customer friendly terms. The loan schemes are planned to suit every pocket. If you are planning to avail loan from Dena Bank then you can expect speedy processing and personalised attention.

Other than these, the bank also specialises in international banking services. The bank has more than 1130 branches in every part of India. You can approach the bank for all your foreign exchange needs. If you are into international business then you can take the advantage of the Dena Bank Trade Finance Services. The bank has more than 37 branches authorised to deal into import and export business. They also offer deposit accounts as well as the remittance facilities for the NRI customers. Dena Bank also offers special schemes for the minors and senior citizens.