Ratnakar Bank provides banking services with dedication

The Ratnakar Bank was founded by various nationalist leaders and the industrialists before the time of independence. The bank was first incorporated in August, 1943 in Kolhapur, Maharashtra. And since then it is fulfilling the needs of low and middle class segment of the society. The bank has given an idea to establish a commercial bank by providing all the needs of the people across the country who is engaged in trade and commerce. With all this effort, it soon gets the status of scheduled bank by the Reserve Bank of India in 1959. The bank has now large number of network and added 79 branches across the country. There are more than 50 branches that fully computerized and still working to make all the branches computerized. With more than 5 lakh customers, the bank has a working capital of around Rs 1485.71 Crores. In March 2009, its net profit rise to 30.53 crores.

The Ratnakar Bank has various services and products for its customers to make their dreams come true. The bank comes with different deposit account schemes. You get various product schemes like Reinvestment Deposit Scheme, Cash Certificate, Unit Deposit scheme, fixed deposit etc. The bank provides account for the illiterate and blind person. They can withdraw or make their payment. For that they have to affix their thumb in the presence of any bank officer for their identity. The bank provides all the security and never discloses any details of their customers to any third person.

The Ratnakar Bank offers various loans to its customers that are useful in completing their dreams. With the housing loan, you can take your own house. Car loan help you in taking four wheeler vehicles for your family. Education loan for student is very useful loan for the customers. The bank will not ask you for any security money for up to 4 lakh for education loan. The repayment period for education loan is seven years at a low interest rate. The other loans include consumer loan, credit loan, super secured loan, agriculture loan etc. The bank is keeping with the present day challenges and using new programmes and objectives for its development in size and strengths.

Private Bank in India

1. Axis Bank
2. Bank of Rajasthan
3. Catholic Syrian Bank
4. City Union Bank
5. Development Credit Bank
6. Dhanalakshmi Bank
7. Federal Bank
8. HDFC Bank
9. ICICI Bank
10. IDBI Bank Ltd
11. IndusInd Bank
12. ING Vysya Bank
13. Jammu & Kashmir Bank
14. Karnataka Bank
15. Karur Vysya Bank
16. Kotak Mahindra Bank
17. Laxmi Vilas Bank
18. Nainital Bank Ltd
19. Ratnagar Bank
20. SBI Commercial and International Bank
21. South Indian Bank Ltd
22. Tamil Nadu Mercantile Bank
23. Yes Bank