Dhanlaxmi Bank
Dhanlaxmi Bank is a 1927-founded Indian private sector bank headquartered in Thrissur, Kerala, serving retail, MSME, agricultural, corporate, and NRI customers with deposits, gold and MSME loans, digital banking, and forex services across its branch network.
- Company typePublic
- Founded1927
- HeadquartersThrissur, India
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Dhanlaxmi Bank does
Dhanlaxmi Bank is an Indian private sector scheduled commercial bank founded in 1927 and headquartered in Thrissur, Kerala. The bank is publicly listed on the BSE/NSE under the ticker DHANBANK and operates as an independent entity with no disclosed parent company, employing between 1,001 and 5,000 people. It serves retail consumers, micro, small and medium enterprises (MSMEs), agricultural clients, corporate entities, and non-resident Indians (NRIs) through a multi-channel distribution model that combines a physical branch network with digital channels including Retail Net Banking, Corporate Net Banking, the DhanSmart mobile application, and BHIM DLB UPI.
The bank's product portfolio is organized across personal banking, corporate banking, NRI banking, micro and agricultural banking, and SME banking. Core offerings include savings accounts under the Dhanam sub-brand, current accounts, term deposits, gold-backed agricultural loans (Agri Gold Loan), Kissan Vahana vehicle loans, Kissan Credit Card, microfinance through SHG and MFI linkages, MSME working capital and trade facilities, home and commercial property loans, car loans, forex services, and investment products such as Sovereign Gold Bonds and mutual funds. As of March 2026, gross advances stood at ₹15,130 crore (+23.95% YoY), total deposits at ₹18,643 crore (+16.42% YoY), and total business at ₹33,772 crore, with the gold loan portfolio at ₹5,361 crore and MSME lending at ₹2,064 crore.
Dhanlaxmi Bank earns revenue primarily through net interest income on its advances book, supplemented by fee-based income from deposit services, forex transactions, trade finance, card and POS interchange, and locker facilities. The bank reported FY26 total operating income of ₹1,601.48 crore and a record net profit of ₹102.75 crore, up 54.19% year-on-year, while gross NPA improved by 109 basis points to 1.9%. Its go-to-market is sales-led and branch-anchored, with relationship managers servicing retail and corporate clients and digital channels layered on top for self-serve transactions, reflecting a traditional regional banking model being progressively digitized.
Dhanlaxmi Bank firmographics
Firmographics- Name
- Dhanlaxmi Bank
- Legal name
- Dhanlaxmi Bank
- Website
- https://dhanbank.com
- Company type
- Public
- Founded year
- 1927
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Dhanlaxmi Bank is a 1927-founded Indian private sector bank headquartered in Thrissur, Kerala, serving retail, MSME, agricultural, corporate, and NRI customers with deposits, gold and MSME loans, digital banking, and forex services across its branch network.
- Ownership category
- akta.pro rank
Dhanlaxmi Bank industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Microloans & Working Capital Loans (FSAKAGAA)
- akta.pro secondary industries
- Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
Keywords
Where Dhanlaxmi Bank is headquartered
LocationHeadquarters
- HQ city
- Thrissur
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Dhanlaxmi Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income from Loans: The bank earns interest income through its diverse loan portfolio including gold loans (₹5,361 crore, up 50.89% YoY), MSME loans (₹2,064 crore, up 27.72%), home loans, car loans, commercial loans, and agricultural advances. Gross advances grew 23.95% year-on-year to ₹15,130 crore as of March 2026.
- Deposit-Based Banking: The bank accepts deposits through savings accounts, current accounts, term deposits, recurring deposits, and NRI deposits. Total deposits grew 16.42% to ₹18,643 crore. Fee income generated from account maintenance and services.
- Fee-Based Services: Forex services for export/import, trade finance, credit services, locker facilities, depository services, and various digital banking transaction fees. The bank also earns fees from credit cards, debit cards, and POS transactions.
Go-to-market motion1 record
Distribution channels7 records
Marketing channels6 records
Dhanlaxmi Bank product offering
Product offeringCore offering
Dhanlaxmi Bank is a publicly listed Indian private sector bank providing a full suite of retail, corporate, NRI, agricultural, SME, and microfinance banking services. Core offerings include savings and current accounts, term deposits, gold loans, MSME loans, home loans, vehicle loans, forex and trade finance, corporate salary accounts, and digital banking channels (mobile banking, net banking, UPI). The bank distributes services through physical branches, ATMs, POS terminals, and digital platforms.
Product overview
Dhanlaxmi Bank offers a comprehensive suite of banking products organized across retail, corporate, NRI, and digital channels. The retail banking segment includes savings accounts (Dhanam variants), current accounts, and term deposits with various maturity options. The loan portfolio covers property loans, car loans, commercial loans, education loans, and specialized agricultural products including Agri Gold Loan, Kissan Vahana, and Kissan Credit Card. Digital banking services include Retail Net Banking, Corporate Net Banking, Mobile Banking (DhanSmart), and BHIM DLB UPI. The bank also provides microfinance through SHG linkage programs, forex services for international transactions, and merchant services including POS terminals. All services are accessible through multiple channels including branch banking, ATM networks, and online platforms.
Differentiator
Problem solved
Functional benefit
Brands
- DhanSmart: Mobile banking application offered by Dhanlaxmi Bank for retail customers
- Dhanam
- Power
Products and services
- Dhanam Savings Account
Companies that use Dhanlaxmi Bank
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles5 records
Dhanlaxmi Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Dhanlaxmi Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ClearTaxminorDhanlaxmi Bank has partnered with ClearTax for Income Tax filing services. The partnership allows customers to file ITR through ClearTax's platform using their Dhanlaxmi Bank accounts, facilitating seamless tax filing for bank customers.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Dhanlaxmi Bank competitors and assessment
Company assessmentDirect peers
- RBL Bank: Mid-sized Indian private sector bank with similar product portfolio across retail, SME, and corporate banking. Comparable digital banking initiatives and growth trajectory.
- DCB Bank: Mid-sized Indian private sector bank with similar retail and SME focus. Comparable size, product mix, and digital banking infrastructure investments.
- Federal Bank: Kerala-headquartered private sector bank with comparable retail, NRI, and SME focus. Similar Gulf-NRI remittance franchise and Kerala gold loan exposure make it the closest direct peer, though larger in scale.
- South Indian Bank: Another Kerala-based private sector bank with similar product mix across retail, NRI, and corporate banking. Operates in the same geographic footprint with overlapping customer segments and branch network.
- Karur Vysya Bank: South Indian private sector bank with similar scale and product portfolio. Comparable mix of retail, MSME, and agricultural lending with similar NPA profile and growth trajectory.
- Karnataka Bank: South Indian private sector bank of similar size, offering retail and SME banking with comparable NRI and agricultural products. Headquartered in Mangalore with regional South Indian focus.
- CSB Bank: Kerala-based private sector bank (formerly Catholic Syrian Bank) with overlapping customer base, similar gold loan and retail focus. Comparable size and regional orientation.
- City Union Bank: South Indian private sector bank with similar scale and SME/MSME lending focus. Comparable technology adoption and NRI banking services.
- Tamilnad Mercantile Bank: South Indian private sector bank headquartered in Tamil Nadu with comparable retail, MSME, and agricultural lending profile. Similar scale and customer segment targeting.
Broad incumbents
- Bandhan Bank: Indian private sector bank with significant microfinance and MSME lending focus, comparable to Dhanlaxmi's microfinance and SHG products. Larger scale but similar target customer segments in tier-2/3 markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Dhanlaxmi Bank social profiles
Digital presenceDhanlaxmi Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dhanlaxmi Bank leadership team
Management profileNumber of profiles
Profiles4 records
Dhanlaxmi Bank funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dhanlaxmi Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dhanlaxmi Bank
What does Dhanlaxmi Bank do?
Dhanlaxmi Bank is a publicly listed Indian private sector bank providing a full suite of retail, corporate, NRI, agricultural, SME, and microfinance banking services. Core offerings include savings and current accounts, term deposits, gold loans, MSME loans, home loans, vehicle loans, forex and trade finance, corporate salary accounts, and digital banking channels (mobile banking, net banking, UPI). The bank distributes services through physical branches, ATMs, POS terminals, and digital platforms.
Is Dhanlaxmi Bank a public or private company?
Dhanlaxmi Bank is a public company. It is classified as public and is currently operating.
When was Dhanlaxmi Bank founded?
Dhanlaxmi Bank was founded in 1927. It employs 1,001 to 5,000 people.
Where is Dhanlaxmi Bank based?
Dhanlaxmi Bank is headquartered in Thrissur, India, in the Asia region.
How does Dhanlaxmi Bank make money?
Three revenue lines are on record. Interest Income from Loans are the primary driver. The others are deposit-Based Banking and fee-Based Services.
Who are Dhanlaxmi Bank's main competitors?
Direct peers on record are RBL Bank, DCB Bank, Federal Bank, South Indian Bank, Karur Vysya Bank, Karnataka Bank, CSB Bank, City Union Bank and Tamilnad Mercantile Bank. Bandhan Bank is listed as a broad incumbent.
Does Dhanlaxmi Bank have an API?
No public API is recorded for Dhanlaxmi Bank.
What industry is Dhanlaxmi Bank in?
Dhanlaxmi Bank's product category is Retail Banking. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of FSABADAE, Private Banking Lending (Securities-Backed, Real Estate, Structured Credit). Its NAICS code is 522110 and its SIC code is 6021.