Development Credit Bank (DCB)

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Development Credit Bank
Development Credit Bank Ltd is one of India’s most preferred private sector banks. With over 80 well-equipped sub-divisions spread across twelve states of India, Development Credit Bank has been a major contributor in introducing many value added measures in Indian banking sector. The bank offers an exhaustive range of hi-tech products for clients in small and medium enterprise, trade and business banking market section in selected regions.

DCB has strong foundation in India since its inauguration in the year 1930. Aga Khan Fund for Economic Development (AKFED), endorser of DCB possesses over 23% rights in the company. AKFED is a global development group focuses to encouraging private enterprise and creating financially strong firms in the expanding markets. The group has co-sponsored HDFC in Indian banking market and now functions as a set-up of associates entailing 90 different project firms. Providing job prospects to more than 30,000 individuals, the firm has registered yearly incomes of USD1.4 billion. The group is active in more than 15 nations in the expanding economy.

Products and Services

Services for resident Indian clients

Mentioned below is the list of products and services offered by Development Credit Bank Ltd to its resident Indian clients:

Account Services
  • Current Account
  • Savings Account
Savings Services
  • Recurring Deposits
  • Fixed Deposits
Credit Facilities
  • For Business
  • Credit Against Gold
  • Construction Tools Credits
  • Auto Credit
  • Business Vehicle Credits
Endowment Facilities
  • Life Insurance
  • General Insurance
  • Demat Account Services
  • Mutual Funds
  • Licensed Banking
  • Smart Business facilities
Other Services
  • Electronic Funds Transfer (EFT) Services
  • Account Statement by E-Mail
  • Card to Card Money Transfer Services
  • Telephone Phone Banking
  • E-mail Banking
  • Cell Phone Banking Services
  • Global Debit Card Services
  • Visa Money Transmittal Services
  • Cash Chests

Services for SME clients

Mentioned below is the list of products and services offered by Development Credit Bank Ltd to its SME clients:

The bank identifies with the commercial requirements and consequently provides well-adapted SME services at reasonable interest rates and guidelines that go well with their business. The bank provides an entire set of SME commercial services ranging from loan facilities for satisfying the incessant capital needs of the merchants to a range of business credit products and wealth management services. Some of the loan and services offered by the firm are
  • Loans for Small and Medium Enterprises
  • Wealth Management Facilities
  • Commercial Online Banking
  • Business Finance
  • Credits
Mentioned below is the list of products and services offered by Development Credit Bank Ltd to its corporate clients:

DCB aims to partner their corporate clients in their expansion process and help them to create enduring relationship with them that is both significant & jointly valuable.

Through their business banking segment the bank provides a range of products encompassing interim business credit and other solutions as well. Some of the corporate services provided by the bank are:
  • Gold Card Plan for the Exporters
  • Coffers Services
  • Rate of Interest on credits and advances
  • Business Banking
  • Service tariffs - Business Banking

Contact Address Details

Mumbai Office
906 Raheja Chambers Nariman Point,
Mumbai - 400021
Tel: 022 – 22046406
Official Website: .

DCB Net Banking

Corporate Internet Banking :

Development Credit Bank Informational Data

Name of Bank Development Credit Bank
No. of Offices 81
No. of Employees 1942
Business per Employee (in ` Lakh) 379.00
Profit per Employee (in ` Lakh) -4.00
Interest Income (in ` Crore) 645
Other Income (in ` Crore) 120
Interest Expended (in ` Crore) 448
Operating Expenses (in ` Crore) 242
Return on Assets -1.25
CRAR 13.30
Net NPA Ratio 3.88

Last Updated on May 1, 2015