Vijaya Bank

About The Fund

Vijaya Bank is a public-sector banking institution that was established in 1931 by late Shri A.B. Shetty along with other visionary farmers in Mangalore, India. Initially, it was set up with the intention of encouraging banking habits, saving tendencies, and entrepreneurial spirits among the farming community in the Dakshina Kannada district of Karnataka State. Over time, the bank expanded significantly and was nationalized. With its commitment to growth and customer service, Vijaya Bank has developed an extensive network consisting of 1786 branches, 50 extension counters, and 1562 ATMs that are spread across all states and union territories in the country. Their service portfolio includes a variety of technology products aimed at enhancing user experience and convenience. These services include ATMs, cash deposit machines, both debit and credit cards, robust internet banking facilities, mobile banking, and interactive phone banking options. Furthermore, they have enabled funds transfer features through RTGS (Real Time Gross Settlement) and NEFT (National Electronic Funds Transfer) systems. Vijaya Bank also provides its customers with RuPay cards which is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India. The administration and strategic decisions of Vijaya Bank are handled by a board of directors composed of experienced professionals. Their primary specialization lies in catering to the financial needs of customers and they have placed a particular emphasis on integrating technology into their financial services, aligning with trends in the FinTech industry. Even though they are classified under 'Other' in industry investment, their services blend conventional banking with contemporary financial services, highlighting their commitment to innovation and customer-centric operations.