Bank Of Rajasthan
The Bank of Rajasthan Ltd. was established in 1943 in Udaipur, with the efforts
of the then finance minister late Shri Rai Bahadur P.C Chatterji, who convinced
the Mangsinka brothers of Bhilwara to start a project of a joint stock bank with
its registered office at Udaipur. The Bank was set up with an initial capital of
Rs. 10.00 lacs. The founder was late Seth Shri Govind Ram Seksaria, a renowned industrialist
of the country.
In line with the contemporary practice of naming the bank after the location or
princely state, the suggested names for the bank were Bank of Mewar State or Bank
of Udaipur. The promoters, being very clear in their vision, expressed the view
that the word 'Rajasthan' will be more advantageous in future for expanding activities
in other princely states since under the new constitution grouping of the then local
princely states was expected under one umbrella. As now is history, the individual
princely states were merged under the final name for the state - Rajasthan. The
naming of the bank, The Bank of Rajasthan Ltd., clearly reflected the foresight
of the promoters.
At present, the bank has 463 fully computerized branches, and has made rapid strides
at all office levels for various operations. They have a trusted clientèle across
the state as well as the country. Its customers include parties like central government
undertakings, state government undertakings, LIC, Haryana Finance Corporation, Rajasthan
Housing Board, Rajasthan Electricity Board, Mayo College, Ajmer, Bajaj Electricals,
Aditya Birla Group, Jagran Group, Jaigarh Hotel, Jaipur and many more!
Products:
Personal Banking-
- Accounts and Deposits
- Loans/Credit Facilities
- Small Savings Account
Commercial Banking
- Loans
- Service Charges
- DRS SME Scheme
- NRI Banking
- Internet Banking
- Credit Card
- Demat Services
- Foreign Exchange