Allahabad Bank

Allahabad Bank was founded on April 24, 1865 by a group of Europeans at Allahabad. It is the Oldest Joint Stock Bank of the Country. Within one and a half decade, the bank spread its branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital, Calcutta & Delhi.

In the second decade of the twentieth century Allahabad bank became a part of P & O Banking Corporation's group with a bid price of Rs.436 per share. 1923 The Head Office of the Bank shifted to Calcutta on Business considerations. July 19, 1969 it was nationalized along with 13 other banks

In October, 1989 United Industrial Bank Ltd. was merged with Allahabad Bank. In 1991 it instituted AllBank Finance Ltd., a wholly owned subsidiary for Merchant Banking.

Thus Allahabad bank has covered a long distance of evolution before it assumed the modern structure.
In April, 2005 Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%. The bank crossed the territorial boundary of India in 2006 when it established its first oversea Representative Office at Shenzen, China. To capitalize on the vast market of China, bank opened its second branch in Hong Kong in 2007. The bank is growing fast and currently its business has crossed 1,00,000 crores mark.

Bank Products and Services

  • Deposit Products
  • Flexi-Fix Deposits
  • Rs. 5 Banking
  • Diamond Jubilee Deposit Scheme
Retail Credit Products
  • Housing Loan
  • Education Loan
  • Car Loan
  • Saral Loan
  • Personal Loan for Pensioners
  • Personal Loan for Doctors
  • Loan Against NSC/KVP
  • Allbank Rent Loan
  • Allbank Property Scheme
  • Allbank Furnishing Loan
  • Gold Loan Scheme
  • All Bank Mobike Scheme
  • Overdraft Facility in SB Accounts
  • AllBank Abhushan Scheme
  • AllBank Trade Scheme
  • AllBank Gyan Dipika Scheme
  • Allabnk Reverse Mortgage Scheme
Other Credit Products
  • Kisan Credit Card
  • Kisan Shakti Yojana
  • AllBank-Expo

Other Services

  • Mutual Funds
  • Insurance
  • NRI Banking
  • Export Finance etc.
Branches of Allahabad Bank

  • Kota Jaipur
  • Ambabari Jaipur
  • Alwar Jaipur
  • Nayapalli Bhubaneswar
  • 5 Konnagar Chinsurah
  • Orai Jhansi
  • Jawaharnagar Guwahati
  • Nehru Colony Dehradun Meerut
  • C.O. Moradabad Moradabad
  • AMU. Aligarh Br. Moradabad
  • Gonda Gonda
  • Sitapur Sitapur
  • Bahraich Bahraich
  • Ujriwan, (Gomotinagar) Lucknow
  • Kanpur Main Br. Kanpur
  • Gumti No.5 Kanpur
  • Burra Colony Kanpur
  • Bagh Bazar R.O.Kol(Urban)
  • J.L.Road, Muzzaffarpur Muzzaffarpur
  • P.P.Colony, Patna Patna
  • Noida NEWDelhi
  • C.B., Ludhiana Chandigarh
  • Panch Kula Chandigarh
  • Sahidnagar Bhubaneswar
  • Vyapar Vihar Bilaspur Bilaspur
  • Guwalior Bhopal
  • Kalyani Devi Allahabad
  • P.O. Gorakhpur Gorakhpur
  • Shiwala Mahant Mirzapur
  • U.P. College Varanasi
  • Mukul Bose Road R.O Kolkata(Metro)
  • K.N.Road, Berhampore Berhampore
  • Burdwan Main Road. Asansol
Contact Address
Name : Shri Ashwani Kumar
Designation : General Manager (Planning & Development)
Address : Allahabad Bank , Head Office, 2 N.S. Road Kolkata - 700001
Telephone No. : 033-22319144
Fax No. : 033-22107425
Email ID : gmpd@cal.allahabadbank.co.in

Website : http://www.allahabadbank.com

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