Oriental Bank of Commerce

Oriental Bank of Commerce
Oriental Bank of commerce was established in Lahore on 19th February 1943 by late Rai Bahadur Lala Sohan Lal, the first Chairman of the Bank.

After four four years of its establishment, the Bank had to face the holocaust of partition. Branches in the newly formed Pakistan had to be closed down and the Registered Office had to be shifted from Lahore to Amritsar. Late lala Karam Chand Thapar, the then Chairman of the Bank, in a unique gesture honoured the commitments made to the depositors from Pakistan and paid every rupee to its departing customers. The foundation of customer service thus laid has ever since remained Oriental Bank's prime philosophy and has been nurtured well as a legacy by all its successors, year after year.

Successful Projects
The Bank has launched yet another people's participation in the planning process at grass root level essentially to tackle the maladies of poverty. The Grameen Projects venture aims to alleviate poverty plus identify the reasons responsible for the failure or success.

OBC is already implementing a GRAMEEN PROJECT in Dehradun District (UP) and Hanumangarh District (Raiasthan). Formulated on the pattern of the Bangladesh Grameen Bank, the Scheme has a unique feature of disbursing small loans ranging from Rs. 75 (US $2) onwards. The beneficiaries of the Grameen Project are mostly women.The Bank is engaged in providing training to rural folk in using locally available raw material to produce pickles, jams etc. This has provided self-employment and augmented income levels thus reforming lives of rural folk and encouraging cottage industries in rural areas.

Services
Deposit
Saving Accounts, Current Accounts,Term Deposit,Tax Saving Term Deposit,Flexi Fixed Deposit, Variable Progressive Deposit

Loans
Housing Loan, Car/ Vehicle Loan, Personal Loan, Education Loan, Advances to Minority Communities

NRI Services

Premium Services

• Internet Banking
• Real Time Gross Settlement System (RTGS
• NATIONAL ELECTRONIC FUNDS TRANSFER(NEFT)
• Online Tax Accounting System(OLTAS)
• BANCASSURANCE
  

Other Services

• DeMAT SERVICES
• Foreign Remittances
• CASH MANAGEMENT SERVICES

Web Address: www.obcindia.co.in

Head Office
HarshaBhawan,E-Block,ConnaughtPlace,NewDelhi-110001

Telephone Nos.: 91-11-23417121, 23416691, 23415508

C.M.D. Sectt.. : 91-11-23413444, 23416841

E.D.Sectt.91-11-2341870791-11-23318423(DepartmentofIT)

91-11-23415567(GMsSectt.)

91-11-23546155(Inspection&ControlDeptt.)

91-11-23415591 (Planning & Development Deptt.)