What is the Full Form of DCB?

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The full form of DCB is Development Credit Bank. DCB Bank Limited was previously known as Development Credit Bank. It is a next-generation private bank with more than 430 branches located across nineteen states and three union territories across the country. Moreover, the Development Credit Bank is regulated by the Reserve Bank of India. 

Also Read: What is the Full Form of BSI? 

DCB Services

The Development Credit Bank offers a diverse range of financial and banking services to its customers. Here are a few of them to give you an idea about the same:

  • Credit cards
  • Debit card
  • Savings account (7 types)
  • Current account (4 types)
  • Home loan (INR 1 lakh – INR 5 lakh)
  • Gold loan
  • Personal loan
  • Car loan
  • Fixed Deposit
  • Balance inquiry
  • Mobile banking
  • Net banking

You can find DCB branches in major cities like Delhi, Punjab, Maharashtra, Rajasthan, etc.

Also Read: What is the Full Form of SCVT?

Features of the Development Credit Bank

Here are some noteworthy features of the Development Credit Bank:

  • Its headquarters is located in Maharashtra, India. 
  • DCB was formed as a merger between Islamia Co-operative Bank LTD and Masalawala Co-operative Bank.
  • The tagline of DCB is We value you. 
  • It covers everything from consumer and corporate banking to investment banking, finance and insurance distribution, loans, and so much more. 
  • DCB features modern infrastructure and technology for the public’s convenience.
  • Its business segments include SMEs, Retail, Agriculture, Public Sector, Government, Co-operative Bank, NBFC, and more. 
  • This bank caters to personal and business banking customers.
  • It has almost one million happy customers. 
  • DCB features state-of-the-art Internet banking facilities.
  • Its promoter group, the Agha Khan Fund of Economic Development and Platinum Jubilee Investment Ltd holds below 15% stake.

This was all about the DCB  full form. If you want to read more such interesting full forms, stay connected with Leverage Edu.

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