Vijaya Bank

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About Vijaya Bank

Vijaya Bank is one of the medium sized banks in India with substantial presence in most parts of the country. It's Mr. A. B. Shetty along with few other enterprising farmers from Mangalore in the state of Karnataka, who established Vijaya Bank on October 23, 1931. The goal was to promote the habit of banking, savings and entrepreneurship among the farmers in Dakshina Kannada district of the state. It became a scheduled bank of India in 1958. Vijaya Bank is also one of the very few banks in India that has principal VISA International and MasterCard International membership.

The Growth

Since its inception, Vijaya Bank went through a steady growth and became a large All India bank. From 1963 to 1968, nine smaller banks merged with Vijaya Bank. Mr. M. Sunder Ram Shetty, the then Chief Executive of Vijaya Bank, played an instrumental role in the amalgamation. On April 1980, Vijaya Bank became nationalized. Currently, this Indian bank has an extensive network of 1,124 branches, 43 Extension Counters and more than 375 ATMs across the nation. It also has a dedicated workforce of 11,746 employees.

Offerings

Vijaya Bank offers a range of financial products and services to its customers. It also has services for the NRIs. Following are the products and services offered by Vijaya Bank to its customers:

Deposits
Loans & Advances
NRI Services
Remittance / Collection
Credit Cards
Forex
Other Services

Deposits

Vijaya Bank offers following deposit facilities:

Savings Bank
V Payroll SB a/c
V Genuth SB a/c
V Balika SB a/c
V Platinum Savings Bank
Vijaya Saral
Current Account
VStar Savings
Term Deposits
- Recurring Deposits
- VCash
- Vijayashree Units
- Fixed
- V Balika Deposit
- Jeevan Nidhi
- Capital Gains Accounts
- Vijaya Tax Savings Scheme

Loans & Advances

Vijaya Bank offers a wide array of loans and advances to its customers. Those can be listed as below:

Retail Lending Schemes
- Vijaya Home Loan
- V Niwas
- V Mortgage Loan
- V Wheels
- V Equip
- V Rent
- V Cash
- V Rakshak
- V Shikshak
- V Swashakti
- V Professional
- V Solar
- V IPO
- Trade Finance
- Education Loan
- Jewel Loans
- Vijaya Gold Cash Credit
- Loans to Transport Operators
- V Reverse Mortgage
Loans Against
Non Fund Based
Advances to Agriculture, MSME and Others
Government Sponsored Schemes
- Prime Minister's Rozgar Yojana
- Swarna Jayanti Gram Swarozgar Yojana
- Scheme for Liberation and Rehabilitation of Scavangers
- Golden Jubilee Rural Housing Scheme
- Differential Rate of Interest Scheme
Special Schemes for Women
Facilities to Minority Communities

NRI Services

Vijaya Bank offers following services for the NRIs:

Deposits
- NRE
- FCNR
- Ordinary Non Resident A/c
- Resident Foreign Currency
- Deposit A/c (RFC)
Loans
- Housing Loan
- Loans Against Shares, Securities
Remittances

Remittance / Collection

Following services are offered by Vijaya Bank under this category:

FOREX Remittances
Inland Remittances
Electronic Remittances Services
Inward / Outward Collection Instruments

Cards

Vijaya Bank offers various types of cards to its customers. Following are those:

Domestic Cards
- VISA Classic Credit Card
- MasterCard Classic Credit Card
- Vijaya Platinum Card
- VISA Gold Credit Card?
Global Cards
- MasterCard Global Credit Card
- Visa Classic International Card
- VISA City Specific Card
- VISA Doctor's Card
- VISA Nurse's Card
Debit Cards
- VISA Debit Card

Other Services

Vijaya Bank also offers a few more services to its customers which can be listed as below:

Merchant Banking
Vijaya Raksha
Service Charges
Pension Payments
Mobile Banking

Address

Vijaya Bank
41/2, M. G. Road
Trinity Circle, Mahatma Gandhi Road
Bangalore - 560001
Tel: +91-80-25550693
Web: http://vijayabank.com

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