|Adarsh Bank was established in the year 1998 with its Head Office located in Jeedimetla, Hyderabad, Andhra Pradesh. Promoted by experienced and visionary professionals driven by strong ideals and sense of service, the Bank is surging ahead in the path of growth, stability, profitability and financial inclusion. Committed to the core value of customer service excellence and propelled by the trust, goodwill and loyalty of thousands of customers, our Bank embarked upon the expansion plan to set up new branches in the recent years. We have consistently been the frontrunner among peer banks in leveraging technology to deliver our products and services and enhancing customer experience and convenience through alternative channels. The landmarks of our technological progress include connectivity of all branches and introduction of Core Banking Software, installation of onsite ATMs including one with Biometric access, issue of Rupay Cards to customers to facilitate any Bank ATM access across India, SMS alert service, RTGS and NEFT facilities.
Since inception the Bank witnessed vibrant growth and sustained progress on financial parameters. Our Balance Sheet reflects our strength and faith reposed on us by various stakeholders. As on 31st March 2016, the Bank has crossed a turnover of Rs.225.00 Crores.
Adarsh Bank has been contributing its share to financial inclusion and inclusive growth of the country by reaching out to members of the lower income groups and underprivileged sections to bring them into the fold of banking services. In order to advance its social responsibility objectives, the Bank has taken measures such as providing SB-Pension scheme with relaxed minimum balance requirements, Biometric ATM access, etc.
The Bank has received License from Reserve Bank of India for opening 5 five new Branches and Mobile Banking. The Branches will be opened within next six months and the Mobile Banking is under final stages of testing.