About Oriental Bank of Commerce
Oriental Bank of Commerce (OBC) is a leading public sector bank in India that has been serving the financial needs of its customers for over 75 years. Established in 1943, OBC has grown to become one of the most trusted and reliable banks in the country, offering a wide range of banking products and services to individuals, businesses, and corporations.
As an Asia-Pacific Rural and Agricultural Credit Association (APRACA) member, OBC is committed to promoting rural development by providing financial assistance to farmers and rural communities. The bank's focus on agriculture financing has helped it establish itself as a key player in India's agricultural sector.
With over 2,000 branches across India and a strong online presence, OBC offers its customers easy access to banking services from anywhere at any time. The bank's digital initiatives have made it easier for customers to manage their accounts online through internet banking or mobile apps.
OBC offers various types of deposit accounts such as savings account, current account, fixed deposit account etc., which are designed keeping in mind the diverse needs of its customers. The bank also provides loans for various purposes like home loans, personal loans etc., with attractive interest rates.
Apart from traditional banking products and services like deposits and loans; Oriental Bank of Commerce also offers innovative solutions such as debit cards with cashback rewards programs that help customers save money while they spend.
The bank also provides corporate banking services including trade finance facilities such as letters of credit (LCs), guarantees etc., which help businesses manage their international trade transactions efficiently. Additionally, OBC provides treasury management services including forex trading facilities that enable corporates to hedge against currency risks effectively.
In addition to its commitment towards rural development through APRACA membership; Oriental Bank Of Commerce is also actively involved in Corporate Social Responsibility (CSR) activities aimed at improving education standards & healthcare facilities across India.
In conclusion,Oriental Bank Of Commerce is one among the top public sector banks in India with an extensive network spread across all major cities & towns.Their focus on agriculture financing coupled with innovative digital initiatives makes them stand out from other banks.Oriental Bank Of Commerce continues to be committed towards promoting rural development & CSR activities thereby contributing positively towards society at large.
apraca.org
