Banks in Amritsar

Banks in Amritsar offer a wide range of services. Depending on the requirements of its customers the banks offer personal banking, corporate banking, agricultural banking facilities. Both public sector and private sector banks are running efficiently in Amritsar. Some of the public sector banks operating in Amritsar are Allahabad Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Bank of Punjab, Canara Bank, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Punjab and Sind Bank, Punjab National Bank, State Bank of India, State Bank of Patiala, Union Bank of India and Vijaya Bank Ltd. The private sector banks operating in the region are ICICI Bank, HDFC Bank, Centurion Bank of Punjab and Standard Chartered.

Most of the banks in Amritsar provide Automated teller machine facility for the convenience of the customers. Through the ATM facility the customers can withdraw money 24 hours. Some of the banks also offer credit card and debit card facility. The Banks also provide loan to the agriculturists and landless agricultural laborers who need money. Internet banking is another facility catered by the banks, which has made the whole process of banking very convenient. Some of the banks have introduced core banking which has resulted in the operation of banking process easier all over India.

Some of the other facilities provided by the Banks in Amritsar are as follows:

• Loan Against Mortgage Of Property
• Term Deposits
• Recurring Deposits
• Educational Loan
• Housing Loan Loan Against Shares & Debentures
• Car Loan
• Loan For Pensioners
• Medi-Plus Scheme
• Personal Loan

Last Updated on : 08 June 2012