A prominent part of Manali business and economy, banking industry has helped to strengthen the economic structure of the state. Spread all over the area, the nationalized banks provide the customers with an excellent opportunity to deposit their hard earned money and valuables in the safe lockers of the bank.
The nationalized as well as the private banks of Manali offer the local population with economic assistance in the form of loans. With the introduction of the unique process of Core Banking Solutions, popularly known as CBS, the customers of the nationalized banks can withdraw their cash from any branch of a particular bank.
The ATM's of the private and nationalized banks are an added advantage for the customers who can avail ready cash from the ATM counters of Manali. The nationalized banks of Manali have played a pivotal role in the development of the economy of the region of Kullu and Manali. Offered at reasonable rate of interest, the nationalized banks have come up with several innovative schemes for the rural and urban poor.
The banks in Manali help in the easy financial transactions within and outside Himachal Pradesh. Some of the notable nationalized banks of Manali are:
- Bank of India
- State Bank of India
- Punjab National Bank
- United Commercial Bank
- Punjab & Sind Bank
- Kangra Central Co-op Bank
- Himachal Gramin Sanchayaka