Dhanalaxmi Bank plans to open 50,000 no-frills accounts

Private sector Dhanalaxmi Bank plans to open 50,000 ‘no-frills’ accounts as a part of its overall endeavour towards financial inclusion.

The bank plans to initially open 50 customer service points (CSPs) in districts of Kerala and aims to reach out to over 50,000 customers through these service points, a press release issued here stated.
Each CSP will always have a representative from the bank to guide and educate the customers on banking services, the release said.

The CSPs will be responsible to source ‘no-frills’ accounts and service the deposit and withdrawal requirements of the customer post opening of these accounts. The bank will use biometric card, using the finger prints of the customer, the release said.

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