Private Sector Bank in India,Branches and Interest Rates
Private Sector Banks are those banks in which the majority of the stake is held by shareholders of the bank and not by the government. RBL bank, HDFC Bank, ICICI Bank, Yes Bank, etc. are the private sector banks in India. They provide all the banking products and services to the customers. These products include Fixed Deposit, Savings Deposit, RD, Home Loan, Personal Loan, Car Loan, Locker, Demat Facilities, Debit/ Credit Card, ATM, Foreign Exchange Transactions, Insurance, Wealth Management, Net Banking, etc. Private banks are known for introducing information technology in the banking system.
Private banks are managed and controlled by private promoters. There are 2 different categories in which these private banks have been divided:
- Pre-liberalisation
- Post-liberalisation
Pre-liberalisation
There are total 12 banks which exist from the period before liberalisation in India that took place in 1990. These banks include Federal Bank, Karnataka Bank, Karur Vysya Bank, RBL Bank, etc.>
Post-liberalisation
There are total 9 banks which got licenses and came into being after liberalisation in India that took place in 1990. These banks are called new age banks and include HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, etc.
Private Sector Banks offer innovative products and better services as compared to public sector banks but they charge some extra amount for providing such additional services. It has been seen that the financial performance of private banks has remained better than that of public banks as they have managed their net interest margin (NIM) and non-performing assets (NPA) very well.
If you are looking for IFSC,SWIFT,MICR or BSR codes or looking for bank branch details including road direction or ATMs of a bank? You will get complete information of all india private sector banks.
You can also find IFSC,SWIFT,MICR or BSR code for any branch of any bank to make a NEFT payment or RTGS payment. Also, find ATM and branch location near by you with branch contact information. Information on all the Nationalised Banks, Scheduled Banks and Private Banks in India is available.
Below are private sector banks in India. All banks has their branches in different states of india. Currently around 22 private sector banks in India. There are total 93 commercial banks in India.
Top Private Sector Banks List
Bank | HeadQuarter | Establishment | Address |
---|---|---|---|
Au Small Finance Bank | Jaipur | 19-04-2017 | AU NEEV, 19-A, Dhuleshwar Garden, Ajmer Road, Jaipur, Rajasthan - 302001 |
Axis Bank | Mumbai | 1994 | Axis Bank Limited,Corporate Office,Bombay Dyeing Mills Compound,Pandurang Budhkar Marg, Worli,Mumbai - 400025 |
Bandhan Bank | Kolkata | 2015 | DN 32, Sector V, Salt Lake City, Kolkata-700091, West Bengal |
Capital Small Finance Bank | Jalandhar | 24-04-2016 | Midas Corporate Park, IIIrd Floor, 37, G.T.Road, Jalandhar, Punjab - 144001 |
Catholic Syrian Bank | Thrissur | 1920 | CSB Bhavan, P.O Box No. 502, St. Mary's College Road, Thrissur - 680020, Kerala |
City Union Bank | Kumbakonam | 1904 | 149, T S R (Big) Street, Post Box No 25, Kumbakonam-612001, Tamil Nadu |
Dcb Bank | Mumbai | 1995 | 6th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra |
Dhanalakshmi Bank | Thrissur | 1927 | Dhanalakshmi Buildings, Post Box No 9, The Round, Naickanal, Thrissur - 680001, Kerala |
Equitas Small Finance Bank | Chennai | 08-07-1905 | 4th Floor, Spencer Plaza, No. 769, Phase II, Anna Salai, Chennai - 600 002 |
Esaf Small Finance Bank | Thrissur | 05-05-2016 | The ESAF Small Finance Bank, Hepzibah Complex, Mannuthy P.O, Thrissur, Kerala, India - 680651 |
Federal Bank | Kochi | 1931 | Federal Towers, Post Box No 103, Aluva, Kochi-683101, Kerala |
Fincare Small Finance Bank Ltd | Bengaluru | 21-07-2017 | 5th Floor, Bren Mercury, Kaikondanahalli, Sarjapur Main Road, BENGALURU 560035 |
Hdfc Bank | Mumbai | 1994 | Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400013, Maharashtra |
Icici Bank | Mumbai | 1996 | ICICI Bank Towers, Bandra-Kurla Complex, Mumbai 400 051 |
Idfc First Bank | Mumbai | 2015 | Naman Chambers, C-32, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400051, Maharashtra |
Indusind Bank | Mumbai | 1994 | 701, Solitaire Corporate Park, 167, Guru Hargovindji Marg, Andheri (East), Mumbai - 400093, Maharashtra |
Jammu And Kashmir Bank | Srinagar | 1938 | Maulana Azad Road, Srinagar-190001, Jammu and Kashmir |
Karnataka Bank | Mangaluru | 1924 | Post Box No. 599.Mahaveera Circle, Kankanady, Mangaluru-575002, Karnataka |
Karur Vysya Bank | Karur | 1916 | Erode Road, No 20, Vadivel Nagar, L.N.S., Karur - 639002 |
Kotak Mahindra Bank | Mumbai | 2003 | 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051, Maharashtra |
Laxmi Vilas Bank | Karur | 1926 | Post Box No 2, Salem Road, Kathaparai, Vengamedu Post, Karur -639006, Tamil Nadu |
North East Small Finance Bank | Guwahati | 25-07-2016 | 1st & 3rd Floor, Central Fortune, Basisthapur, Bye lane 3, Beltola Guwahati, Assam 781028 |
South Indian Bank | Thrissur | 1929 | SIB House, T.B Road, Mission Quarters, Thrissur-680001, Kerala |
Suryoday Small Finance Bank | Mumbai | Shop Number 1, Hermesh Atrium, Sector 11, CBD Belapur Navi Mumbai-400614 | |
Tamilnad Mercantile Bank | Tuticorin | 1921 | 57, V.E. Road, Tuticorin-628002, Tamil Nadu |