Allahabad Bank

Allahabad Bank, which began operations in 1865, now has its head-quarters in Kolkata. Currently the bank has 2278 branches across the country. The Chairman and Managing Director of the bank is Shri J P Dua. The bank has a branch in Hong Kong and a representative office in Shenzen. The Allahabad Bank has the internet banking facility. 

Brief History
In year 1865: A group of Europeans at Allahabad founded Allahabad Bank. Allahabad Bank is therefore now the oldest joint stock bank in India.
In year 1920: P & O Banking Corporation acquired Allahabad Bank with a bid price of Rs.436 per share.
In year 1927: Chartered Bank of India, Australia and China acquired P&O Bank. However, Chartered Bank continued to operate Allahabad Bank as a separate entity.
In year 1969: The Government nationalized Allahabad Bank, together with 13 other banks.
In year 1989: Allahabad Bank acquired United Industrial Bank, a Calcutta-based bank that had been established in 1940.
In year 1991: The Bank established Allahabad Finance Ltd., a wholly owned Merchant Banking subsidiary.
In year 2002:  Bank came out with an Initial Public Offering (IPO) of 10 crores of shares, each with a face value Rs.10 each. The IPO reduced the Government's shareholding to 71.16%.
In year 2005: Bank conducted a second public offering of 10 crores of shares, each with a face value Rs.10 and selling at a premium of Rs.72. This offering reduced the Government's ownership to 55.23%.
In year 2006: Bank opened its first office outside India when it opened a representative
office in Shenzhen, China.
In year 2007: Bank opened its first overseas branch, in Hong Kong and business crossed Rs. 1, 00,000 crores mark.

                      Products provided by the Allahabad Bank
Allahabad Bank offers a comprehensive range of products and services to cater to the needs of its individual and institutional clients that include the following:

Deposit Product
  1. Flexi-Fix Deposit 
  2. Rs. 5 Banking 
  3. Allahabad Bank Tax Benefit Term Deposit Scheme 
  4. Allahabad Bank Premium SB Account 
  5. Allahabad Bank Mahila Sanchay Account
  6. Allahabad Bank Vikash SB Account 
  7. Allahabad Bank Premium Current Account 
  8. Current Plus Deposit Scheme 
  9. Sishu Mangal Deposit Scheme

Retail Credit

  1. Housing Loan
  2. Education Loan
  3. Car Loan
  4. Saral Loan
  5. Personal Loan for Pensioners
  6. Personal Loan for Doctors
  7. Loan against NSC/KVP
  8. Allahabad Bank Rent Loan
  9. Allahabad Bank Property Loan Scheme
10. Allahabad Bank House Furnishing Loan
11. Allahabad Bank-Gold Loan Scheme
12. Allahabad Bank Mobike Scheme
13. Overdraft Facility in Savings Bank Account
14. Allahabad Bank Abhusan Scheme
15. Allahabad Bank Trade Scheme
16. Allahabad Bank-Gyan Dipika Scheme
17. Allahabad Bank Reverse Mortgage Scheme
18. Allahabad Bank  Commercial Vehicle Finance
19. Allahabad Bank IPO/ FPO Finance Scheme
20. Allahabad Bank Housing Loan Scheme for NRIs/PIOs

Other Product
 1. Kisan Credit Card 
 2. Kisan Shakti Yojana 
 3. Allahabad Bank-Expo

For more information about Allahabad Bank please see there website (Official website)