Indian Bank Branches in Mysore
Mysore is becoming an important center for trading and upcoming industries, hence there are lots of banks which are opening up branches or are keen to open branches. Mysore city is served by many nationalized as well as private banks. The banks of Mysore are known for providing prompt and quick services to the people and the business sectors of this district. Due to its princely heritage the city has received much exposure when compared to the other cities of Karnataka apart from the IT Hub Bangalore.
Tourism industry is quite developed in Mysore and this is why the banking sector too whether, private or nationalized can foresee a quite promising future for their own selves in Mysore. The banks have employed very skilled and efficient personnel who know their job thoroughly and make their customers experience stress-free and pleasant. Almost all the nationalized banks have their branches in the city of Mysore and the small towns adjoining it. There are many banks in Mysore; they include Mysore Co-operative Bank, Mysore Merchant Co-operative Bank Limited and the Mysore District Co-operative Central Bank Limited.
One such bank is Indian Bank and when it comes to talking about the Indian Bank branches in Mysore, the first mention must be made of the number of branches that Indian bank has in Mysore. There are 5 branches of Indian bank in and around the city of Mysore. Indian Bank is a premiere bank owned by government of India. It was established in the year 1907 on 15th August as a part of Swadeshi Movement. It is serving the nation with 18782 staffs. As on 31.3.2013 their total business had crossed, Rs. 2, 49,136 crores. The profit for the year 2012-2013 was Rupees. 3,061 Crores. It has 2134 branches in total. It has its overseas branches in Singapore and Colombo. The bank has two diversified banking activities i.e. Indbank Merchant Banking Services Ltd, IndBank Housing Ltd. Under Financial Inclusion Plan, Indian Bank has been allotted 1523 villages with population above 2000 and all the 1523 villages have been provided with good banking services. The bank has 1567 Automated Teller Machines (ATM) in total.
There are 5 branches of Indian Bank in and around Mysore. They are as listed below:
Branch: Kanakadasa Nagar
3371, 5th Main, 5th Cross,
Kanakadasanagar, 1 Block, Kanakadasnagar,
Netaji Circle-Datta Galli-3rd Stage,
No 57/4, R.S Plaza,
Mysore I Floor, Vinoba Road,
Gandhi Square-Ashoka Road,
Phone: 0821 2423576/2426695
1126/1089, Rashtrapathy Road,
Nanjangud R.M Circle,
Phone: 08221 228327
44 Mahadevapura Road,
Udayagiri, Udayagiri Extension,
Phone: 0821 2451869
The banking sector is developing fast in Mysore city because of its fast industrialization and increasing population. The Indian bank has not stayed behind in the banking sector of this city. Indian bank has 4 ATM centers in the city, two in the city one at Kanakadasanagar and other at Gandhi square, one in the small town of Nanjangud and Udaygiri each.
As a whole, in India banking sector is developing fast with rapid growth of industries and income of people. People are more inclined towards saving in bank nowadays as opposed to the old tradition of saving in their homes .the banking sector is providing many jobs too, in the urban as well at the rural level.
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