Founded in 1927 in Thrissur, Kerala, by visionary entrepreneurs, Dhanlaxmi Bank Ltd. has garnered trust and loyalty for over 95 years. Their commitment to innovation, exceptional service, and responsibility has fuelled remarkable growth in customers, business, and offerings. The bank has 546 branches across the country. They prioritise offering tailored products and services to meet their customer needs.
Different Types of Products and Services by Dhanlaxmi Bank
The various products and services provided by Dhanlaxmi Bank are:
- Dhanlaxmi Bank Deposits
- Dhanlaxmi Bank Loans
- Dhanlaxmi Bank Cards
- Dhanlaxmi Bank Business Services
- Dhanlaxmi Bank Investment Options
- Dhanlaxmi Bank Insurance
Dhanlaxmi Bank Deposit Accounts
Dhanlaxmi Bank provides a variety of deposit accounts catering to the requirements of Individuals, Businesses, Corporates, the Agricultural Sector, and NRIs. The different deposit schemes available at Dhanlaxmi Bank are:
Savings Account
This segment of deposit accounts facilitates prudent finance management. You will be allowed to withdraw as well as deposit funds. The different plans under the Savings Accounts are:
Type of Account | Primary Features |
Dhanam Genius | For kids between 1 day to 18 yearsAMB: Rs. 10002 free NEFT/RTGS transactions per monthCheque book facility for minors by guardian account. The first cheque book free5 free cash transactions at branches |
Dhanam Vanita | For womenAMB: Rs. 500Sweep-in and Sweep-out facility providedFree RTGS/NEFT transactionsVisa Classic International Debit Card issuedFree personalised cheque bookFree DDs Free Dhanlaxmi Bank Net Banking and Mobile Banking  |
Dhanam Yuvak | For youth between 18 years to 35 yearsAMB: Rs. 1000Free NEFT/RTGS, DDs, personalised cheque book, Dhanlaxmi Mobile Banking, Net Banking and SMS Banking Free ATM withdrawals: 5 in non-metro areas and 3 in metro areas |
Dhanlaxmi premium | Individuals, clubs, societies, trusts, or associations can open an account. Permitted for minors as wellAMB: Rs. 10000Visa Classic International Card providedPersonalised cheque book facilityFree unlimited cash deposit at base branch |
Dhanam Preferred | |
Dhanam Privilege | Individuals, clubs, societies, trusts, or associations can open an account. Specially designed for high-value customers.AMB: Rs. 25000/-Visa Classic International Card providedFree ATM transaction in bank and non-bank ATMsOnline NEFT/RTGS transactions freePersonalised cheque book facilityFree unlimited cash deposit at base branchFree cash deposit and withdrawal at non-base branches up to Rs. 2.00 lacsRuPay Domestic Debit Card issued |
Dhanam + and ++ Savings | Only individuals eligibleTerm deposit with the convenience of a savings accountMinimum Deposit: Rs. 5000Free cheque with a savings account or a deposit certificateInterest equivalent to deposit rates of 46/91 days as per IT provisionsMinimum Rs. 500 from the fixed depositMinimum Rs. 500 withdrawals by chequeNo interest if closed within 15 days |
Smart Salary Savings Account | For salaried individualsAMB: Not stipulated1 at par cheque book free in a y yearUnlimited non-cash transactionsDebit card issued |
Dhanam Basic Savings Bank Account | Individuals can open singly or jointly. Minor by a guardian permittedAMB: Not stipulated4 Free ATM transactions from non-bank ATMsDebit card facilityUnlimited non-cash transactions4 cash transactions free in a month |
Dhanam Regular Savings Account | Individuals, clubs, societies, trusts, or associations can open the account. AMB: Rs. 1000/-Free unlimited cash deposit at base branchFree personalised cheque book-20 leaves per yearFree online NEFT/RTGSVisa Classic Debit Card |
Dhanam Basic Savings Account-Small | Individuals and minors by guardian can applySimple KYC normsNo minimum balance and maintenance chargesDebit card issued |
NRE Savings Account | For NRIs and PIOsThe deposit will be maintained in INROnly forward inward remittances or transfer from NRE accounts permittedRepatriable Balances in the account are exempt from IT |
NRO Savings | For NRIs to park income from investments in IndiaInterest is liable for TDSOnly interest can be repatriated. |
Current Accounts
The bank provides a variety of current accounts to suit the needs of businesses, Corporates, Proprietorship and Partnership firms, and professionals. You can choose from the list of current accounts mentioned below.
Type of Account | Primary features |
Power Current Account | To manage finances across different locationsAMB: Rs. 50000/-Free Dhanlaxmi Corporate login for Corporate net banking5 DDs free in a monthFree cash withdrawal up to Rs. 1.00 lakh per day in non-home branch |
25 free RTGS/NEFT transactions in a monthFree online NEFT/RTGS, 1 payable at par cheque book per month, and debit cardFree cash deposit up to 12.50 times previous month AMB | |
Premium Current Account | AMB: Rs.2000010 free RTGS/NEFT transactions at branchesFree online RTGS/NEFT transactionsCash deposit and withdrawal limit: Rs. 50000 per dayFree 1 at-par cheque bookFree Anywhere BankingFree cash deposit up to 12.50 times of last month AMBDebit card facility10 ATM transactions and 2 DDs free in a monthFree cash deposit up to 12.50 times of previous month AMB |
Super Power Current Account | For elite customersAMB: Rs.3.00 lacsFree RTGS/NEFT transactions both online and at branches.Free Cash withdrawal limit of Rs 5.00 lacs and Cash deposit limit Rs. 2.00 lacs per day at non-home branchesFree outstation cheque collection at the Dhanlaxmi Bank locationFree 10 DDs, 4 at-par cheques, debit card, 3 stop payment requests per monthFree cash deposit limit up to 15 times Average Monthly previous month AMB |
Regular Current Account | AMB: Rs. 5000Free online NEFT/RTGS transactions |
Free Anywhere Banking-unlimited free non-cash transactionsOutstation cheques accepted for collection at any branchATM Debit Card facilityFree cash deposit up to 12.50 times of previous month AMB |
Term Deposits
The following term deposit schemes are available at the bank
Type of Deposit | Primary features |
Dhanam Cumulative Deposit Certificate | Minimum deposit: Rs. 100 and in multiples of Rs. 100Period: 6 to 60 monthsLoan up to 90% of the balance |
Dhanam Tax Advantage | To claim tax benefitsPeriod: 5 yearsMaximum deposit: Rs. 1.50 lacsNo pre-closure and loans permitted |
Senior Citizen Deposit | For Senior CitizensAdditional 0.50% interest on regular FD rates |
Laxmi Recurring Deposit | Investment of an initial amount with recurring deposits for a specific periodInterest and cumulative interest paid on maturity |
Dhanlaxmi Bank Cards
Dhanlaxmi Bank provides the following debit cards
- Visa Debit Card
- RuPay Debit Card
The bank also provides platinum credit card and gift cards
Dhanlaxmi Bank Loans
Dhanlaxmi Bank provides the following loans to meet the requirements of its customers
Type of Loan | Primary features |
Home Loans | For the construction of house or the purchase of a plot and construction thereon, an extension to your existing home and for furnishing your homeAmount: Linked to income, project cost, and repayment capacityTenure: 1 to 30 yearsStep-up and Step-down EMI option |
Car Loans | For the purchase of a new car, or used carAmount: 90% of the on-road price or 100% ex-showroom price whichever is lower for new cars 60% of the value of the vehicle for used cars Tenure: Maximum 84 months for new cars and 48 months for used cars |
Two-wheeler loans | For the purchase of bikes or scootersAmount: 90% of ex-showroom priceTenor: 12 to 60 months |
Education Loan | For inland and abroad studiesFor courses in the approved list of the bankLoan amount includes tuition fees, purchase of computer, boarding and lodging, purchase of books, air travel, insurance premium etc. |
FCNR | Can be opened in 4 foreign currencies i.e., USD, Pound Sterling, Euro, and Singapore dollarsThe deposit will be maintained in foreign currencyThe balance in the account is repatriable |
Dhanlaxmi Bank Investment Options
The bank provides the following investment options
Sovereign Gold Bonds: Sovereign gold bonds are government securities provided in the form of grams of gold issued by the RBI. The minimum investment required will be 1 gram of gold.
Mutual Funds: The bank has a tie-up with leading mutual companies in India
Dhanlaxmi Bank Banking Services
Dhanlaxmi Bank provides the following Banking Services
Internet Banking and Mobile Banking: The services are provided to enable customers to have access to their account 24 x 7 and can easily carry on transactions like funds transfer, request of cheque, balance enquiry, mini statement, download account statement etc. Dhanlaxmi Corporate login will be provided for Corporate customers and Retail login for retail customers.
SMS Banking: For SMS alerts for account transactions, balance enquiry, mini statements etc.
Online Trading: Provides a 3-in-one account facility linking the demat account, trading account, and SB account for convenient trading.
Missed Call Service: Give a missed call to Dhanlaxmi Bank Balance Check number 91 80-67747700 and get your account balance immediately
Dhanlaxmi Bank Customer Care
You can contact the Dhanlaxmi Bank Customer Care in the following ways
- By calling the Dhanlaxmi Bank Customer Care Number 91 – 044 42413000
- Can write to customercare@dhanbank.co.in
Dhanlaxmi Bank FAQ:-
Individuals singly or jointly, proprietorship or partnership firms, corporates, public and private limited companies, trusts, clubs, associations, societies, HUFs, etc can open an account with the bank.
The Bank issues Visa Debit Card and RuPay debit cards.
Yes. The bank provides Platinum Credit Card.
The banking service available in the bank are Internet banking, mobile banking, and SMS banking.
The customer care number of the bank is 91 – 044 42413000.