History of Dena Bank :
Dena Bank was founded on May 26, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. The bank became a Public Ltd. Company in December 1939 and later the name was changed to Dena Bank Ltd. In July 1969 Dena Bank Ltd. along with 13 other major banks was nationalized. Dena Bank is now a Public Sector Bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. During its banking journey Dena Bank has achieved several milestones. Major among them are:
* Dena Bank is one among six Public Sector Banks selected by the World Bank for sanctioning a loan of Rs.72.3 crores for augmentation of Tier-II Capital under Financial Sector Developmental project in the year 1995.
* One among the few Banks to receive the World Bank loan for technological upgradation and training.
* Dena Bank has been the first bank to introduce Minor Savings Scheme.
For the year 2004-05, the Bank earned a net profit of Rs 61 crore. Dena Bank offers all the latest services such as Any Branch Banking, Multi-City Cheque Facility, Telebanking, Electronic Fund Transfer to its customers.
Chairman and Managing Director of Dena Bank : Shri P.L.Gairola.
Directors of Dena Bank : Shri R. L. Banerjee, Shri Chandra KishoreShri Chandra Kishore, Shri Madhkarrao G Shinde, Shri Vilas D Patil, Shri A. Gopalakrishnan, Shri C.M. Dixit, Shri Anup Mehta, Shri Anil K Gupta.
Deposit Schemes of Dena Bank : Premium Savings Account Scheme, Premium Current Account Scheme, Dena Jeevan SB Account, Dena Maha Tax Bachat Yojana, Dena Super Premium Current Account, Dena Diamond Deposit Scheme, Dena Savifix Deposit Scheme, Dena Freedom Deposit Scheme, Dena Samruddhi Deposit Scheme, Dena Fixed Deposit Scheme, Dena Senior Citizen Scheme, Dena Recurring Deposit Scheme, Dena Loan Linked Recurring Deposit Scheme, Dena Minor Savings Scheme, Dena Alpa Bachat Khata, etc.
Loans of Dena Bank : Dena Niwas Housing Finance Scheme, Dena Vidya Laxmi Educational Loan Scheme, Dena Suvidha (Personal Loan) Scheme, Dena Auto Finance Scheme, Dena Consumer Durable Loan, Dena Trade Finance Scheme, Dena Mortgage Loan Scheme, Dena Senior Citizen Pensioners Loan Scheme, Dena Rent Scheme (Finance against Rent receivables), etc.
Services of Dena Bank : Core Banking Solution, Multi-City Cheque Facility, Dena Connect, Any Branch Banking, Dena ATM Services, Dena IndiaRemit, Value Added Services, Dena BillPay, Dena m-Banking Inbound Remittances, Direct Tax Collection, Indirect Tax, Bancassurance, Distribution, of Mutual Funds, RTGS / NEFT, Dena e-Tax Pay, etc.
International Banking of Dena Bank : Dena Bank offers wide range of International Banking Services. Having more than 1130 branches spread over the country we are your ideal banking partner for all your requirements related to Foreign Exchange. Our Trade Finance Services include various products to facilitate your international business. We have 37 Authorised Dealing Branches to handle import/ export business.
We offer all kind of deposit accounts and remittance facilities to NRI customers. We have special NRI Cells at select branches to cater to all requirements of NRIs / PIOs (Persons of Indian Origin) under one roof.