Banks in Indore



Indore is the economic nerve center of Central India and therefore banks in Indore also enjoy a certain degree of importance. The banks in Indore plays a number of roles and the presence of a number of industries in Indore has raised the level of capital investments in the banks. Proportionate to the economic importance of Indore there are a number of banks in Indore which includes both public sector Indore banks and private sector Indore banks.

The State Bank of Indore is the most important bank in Indore. Earlier known as the Bank of Indore Ltd, this bank in Indore is a subsidiary body of the State Bank of India. The State Bank of Indore covers a wide range of activities of investments and deposits. Besides the State bank of Indore there are a number of other public sector banks in Indore, they include:

  • Export Credit Guarantee Corporation
  • Hindu Nagrik Co-Operative Bank
  • The Saraswat Co Operative Bank
  • Transport Co-Operative Bank
  • Union Bank Of India
  • Vidhya Sagar Sahakari Sansthan
  • Bank Of Maharashtra
  • Canara Bank
  • Dena Bank
  • State Bank Of Saurashtra

    Apart from the public sector banks there are a number of private sector banks in Indore who are also an integral part of the banking system in Indore. The most popular private sector banks in Indore include:
    • IndusInd Bank Limited
    • ICICI Bank
    • HDFC Bank
    • IDBI Bank
    • AXIS Bank
    To know more about Banks in Indore click on the following Links:


    State Bank of Bikaner and Jaipur | China Trust Commercial Banks



    IDBI Bank India   Indore   IDBI Bank   Indusind Bank | City Union Banks




    Last Updated on 29th Nov 2012

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