Development Credit Bank IFSC code, MICR code, Address

Development Credit Bank branch details in India

Last Updated 29th Nov 2016
  • Development Credit Bank has 341 branches across India spread over 21 states and union territories.
  • Maharashtra state, with 63 branches has the largest number of Development Credit Bank branches in India followed by Odisha state with 41 branches and Gujarat state with 38 branches.
  • Statewise distribution of Development Credit Bank branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.

    About Development Credit Bank

    • Development Credit Bank is a Private Bank in India with 184 branches, 328 ATM's and 3,352 employees across the country.
    • Development Credit Bank's registered office is located at 601 & 602, Peninsula Business Park, 6th floor, Tower A, Senapati Bapat Marg, Mumbai Maharashtra-400013 .
    • For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 508 crs and Standalone net profit of Rs. 47 crs. Development Credit Bank reported total deposits of Rs. 12,609 crs and total advances of Rs. 10,465 crs.
    • Development Credit Bank's management is led by its CEO Mr. Murali.M. Natrajan.
    • Highest fixed deposit interest offered by Development Credit Bank is 7.70% per annum on deposits.
    • Its current Base Rate is 10.64%, which was last revised on 04th May 16.
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