Dhanalakshmi Bank was founded in 1927 by a group of businessmen in Thrissur is located in Kerala. Bank started with a capital of Rs.11, 000 and employs seven staff. Much later in 1977, Commercial Bank became the bank's programmed.
It currently has a pan-India network of 181 branches and 26 extension counters in states like Kerala and Tamil Nadu, Karnataka and Andhra Pradesh, Maharashtra, Gujarat, India and West Bengal. The company bank is located in Thrissur received the Industrial Finance branch in Kochi ISO 9001-2000 certification.The bank managed by a Board of Directors made up of professionals from various walks of life with Shri.G.N.Bajpai president and Shri Amitabh Chaturvedi as Managing Director and Chief Executive Officer.In August 2010, the Bank approved on approval from the Registrar of Companies, Kerala, Lakshadweep (ROC) to change the name of the bank from the current "Dhanalakshmi Bank" to "Dhanlaxmi Bank".
Central bank and banking solutions have been launched (CBS) on FLEXCUBE platform that facilitates banking activity anywhere / at any time to their clients. The CBS network installation in all branches. The Bank has also established a data center in Bangalore, to maintain order on the 24X7 operation.Dhanalakshmi Bank has installed in the real-time gross settlement (RTGS) systems of national and Electronic Funds Transfer (NEFT) in order to take advantage of the facilities for payments and settlements of great value in the development of Internet transactions in real-time for each transaction.The bank has to do with the global Visa card international opponent. As part of this global effort, the Bank CASHNET joined, the first network to India and an independent national ATM switch, national financial IDRBT in (ATM) network, by the Reserve Bank of India's monetary and tree promotion promoted by a group of public sector banks. Because of this the bank has access to 25,000 ATMs in the country.It is one of the banks that provide cash withdrawal facilities free of charge to holders of discount their ATM cards at ATMs other bank. Dhanalakshmi Bank has also ventured into the sector of life and non-life insurance. To do this, and link it with MetLife India Insurance on the life and non-life which has connecting with the Oriental Insurance Company. The bank also marketed mutual fund products and has been linked to a Mutual Fund, SBI, Birla Sun Life Investment Fund and director of PNB Asset Management Company.In February 2010, the Bank signed a memorandum of understanding with the financial services Destimoney to provide commercial and investment services online to their customers and then invested Rs 13 billion rupees in Destimoney Securities, forming 15% of the company's capital. In March 2010, the bank saw its entry into the retail sector assets with the launch of two - platinum and gold credit cards. Bank signed an agreement in June 2010 with HDFC Mutual Fund to distribute the last financial products through its branches across the country.In December 2010, Dhanlaxmi Bank signed an agreement with the largest bank in Qatar Doha Bank to transfer money over the Internet.In January 2011, it ventured into the space of the gift card, which can be used in mass-merchant more than 4.5 lakh. Gift Card is a Rupee card, prepaid, non-rechargeable.