A leading private sector bank, the Bank of Rajasthan was founded on the auspicious day of Akshya Tritiya on May 8, 1943, at Udaipur. Shri Rai Bahadur P.C. Chatterji, the then finance minister of the erstwhile Mewar Government, extensively contributed towards the establishment of the Bank. The bank started with a capital of only Rs. 10 lakhs. Late Seth Shri Govind Ram Seksaria, an eminent Industrialist, was the founder Chairman. It was, in 1948, that the Bank of Rajasthan became a scheduled bank.
Bank of Rajasthan was one among the first banks to take banking services, at the door step of customers. This was done, when it opened its first mobile branch in Jaipur on August 5, 1960, thereby initiating the concept of mobile branches. The Bank became one of the earliest banks in private sector sponsoring any rural (Gramin) bank, when it established the Mewar Anchlik Gramin Bank in Udaipur District in Rajasthan on January 26, 1983. Further in 1997, the bank achieved distinction, when its Jaipur branch qualified for ISO 9002:94 certification by Det Norske Veritas (DNV), London.
Branches & ATM Services
Presently, Bank of Rajasthan has a network of 398 Branches, with 37 Extension counters spread all over India. All of them are linked through computerized network. It has specialized forex, and industrial finance branches. Bank of Rajasthan has its head office in Jaipur, the capital city of Rajasthan. Bank of Rajasthan has a tie-up with Corporation Bank, Axis Bank, member banks of Cash Tree Group and SBI for ATM usage. Bank of Rajasthan International Debit Card can be used at any of these ATMs.
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