Banks in Indore

Indore is the economic capital of Madhya Pradesh and strategically an important city of India. It enjoys importance in Indian subcontinent due to its centralized position and being one of the most historical places. It is blessed with Education Institutes, Business Hubs, Markets, Economic Centers, Shopping Malls, and other such important establishments due to which it is standing tall in terms of Economy.

Financial Institutions play a major part in the development of any city and it has many such institutes playing their part in growth of this city and in fact, the entire state. First the Banking and Financial services started with the corporation of few people. These were the Co operative banks which later on converted into multi scheduled and Nationalized bank due to the initiation of Reserve Bank of India.

Banks in Indore are categorized into two categories:

  • Co- Operative Banks
  • Multi National Banks

Co- Operative Banks in Indore:

Co- operative Institutions are formed with few people with a same vision coming together to serve the common purpose of rural credit for agriculture and allied activities along with rural industries and trade.

Names and Address of Co- operative Banks in Indore:


The Cosmos Co- Operative Bank Ltd

Address : Shanti Heights, 32/2, South Tukoganj Indore - 452 001
Madhya Pradesh
Phone : 0731-  2528726
FAX.No : 0731- 4040044

Nagpur Nagrik Sahakari bank
34, Tilak Path, Indore

The Saraswat Co- operative Bank
G - 10, Shree Vardhan, 4 R.N.T. Marg, Indore - 452001
Phone : 0731- 528792, 528793


Bank branches in Indore

Multi National Banks in Indore:

Multinational banks are usually called as commercial bank and they set up their establishment to ensure financial and banking services to all parts of country. Nationalized Banks, State banks, foreign Banks, Private Sector banks, and Regional Banks comes under these categories.


Citi Bank

Address : UG Nos. 1 To 4 & 101 To 106, Ground Floor, Apollo Square, Race Course Road,
Opp. Narayan Kothi, Savarkar Pratima Chouraha, Indore - 452007

HSBC Bank
Address : Darshan Mall, Upper Ground Floor, 15/ 2, Race Course Road, Indore – 452001
Phone : 9993099900
E- mail: unmeshgogwekar@hsbc.co.in

Yes Bank
Address : 9/ 1 Near, Treasure Island Mall M G Road, Indore
Phone : 9755038119
Fax No :  0731- 4275200

Indian Multinational Banks in Indore:


Allahabad Bank
Address : 20/1 A New Palasia, Indore,
Phone : 731 - 2545253, 0731 - 2548595

Andhra Bank
Address : 335, Jawahar Marg, Madhav Mandir, Narsingh Bazar Chouraha, Indore
Phone : 0731- 2436652/ 25309

Axis Bank
Address : 139, Phadnis Colony, A B Road,
Indore - 452010
Phone : 0731-  4224002
Fax : 0731-  4224004

Bank of Baroda
Address : R.N.T. Marg Branch, Dawa Bazar R.N.T.Marg, Indore, 452001
Phone : 0731- 2704894

Bank of India
Address : Pungalia Bhawan, Santa Bazar,
Indore - 452002
Phone: 0731- 2542381, 2542382

Bank of Maharashtra
Address : Fadnis Complex, 88, M. G. Road, Indore - 452 007

Canara Bank
Address : PB NO. 4, Narayan Bhavan, Gorakund, M G Road, Indore - 452002
Phone : 0731-2450132

Central Bank of India
Address : Phase I MTH Compound, Palika Plaza, Indore.
Phone : 0731- 2540335, 2540250

Corportation Bank
Address : 63 M G Road, Singopore Market, Indore - 452001
Phone : 0731- 2513000, 2513001

Dena Bank
Address : 45 BY 46, Sitlamata Road, P B NO. 9, Indore - 452002
Phone : 0731- 2548951/ 2548207

HDFC Bank
Address : UG 1 & 2, Trade House, 14 / 3 South Tukoganj, Indore - 452001
Phone : 0731- 4229025

ICICI Bank
Address : Laxmi Towers, 576, M. G. Road, Indore - 452001

IDBI Bank
Address : Alankar Chambers, Ratlam Kothi, A.B.Road, Indore - 452001
Phone : 0731- 667915, 0731- 667911, 0731- 667911, 0731- 6679120

Indian Bank
Branch Address : No.4 RNT Marg G - 1 Ground Floor Shree Vardhan Complex, Indore
452 001
Phone : 0731 2521188

Indian Overseas Bank
Address : 575, Classic Center, M G Road, Near Rajputana Motors
IIndore - 452001
Phone: 0731 2542875
Fax: 2542875
Email: indorbr@jaisco.iobnet.co.in

Indusind Bank
Address : Industry House, 15 Agra Mumbai Road, Old Palasia, Indore - 452001
Phone : 0731 2542696 / 7 / 8 2539092

ING Vysya Bank
Address : 9/1/3, Hotel Embassy, M.G Road Indore - 452001
Email: rtgshelpdesk@ingvysyabank.com

Karnataka Bank
Address : 8 / 2, Ground Floor, Rafel Towers, Greater Kailash Road, Old Palasia, Indore - 452001

Karur Vysya Bank
Address : 2 - B Rajgarh Kothi, A.B. Road, Indore - 452001
Phone :1860 200 1916
Email: customerservice@kvbmail.com

Kotak Mahindra Bank
Address : 580, M.G.ROAD, INDORE (M.P.) - 452 001
Phone : 0731- 5297501

Oriental Bank of Commerce
Address : 12/ 2 RNT Marg, Chetak, Center Indore - 452001
Phone : 0731- 2527698

Punjab and Sind Bank
Address : 13 , P.Y Road, Indore - 452004
Phone : 0731- 2367490

Punjab National Bank
Address : 36, Sitla Mata Bazaar, Indore - 450202
Phone : 0731- 2543362

South Indian Bank
Address : FF 27, 28, Opp Mangal Mariland Gardens
Scheme No : 54, Vijaynagar, Indore -143001
Phone : 0731- 2552724

Standard Chartered Bank
Address : D.M.Towers, 21/ 1 Race Course Road, Indore - 452001
Phone : 0731- 5206900

State Bank of Mysore
Address : Sunrise Tower, 579, M G Road, Indore - 452001
Phone : 0731- 2435660

State Bank of Bikaner and Jaipur
Address : 6, Kanti Mansion, Morai Mohalla, Indore - 452001
Phone : 0731- 2703719

State Bank of Hyderabad
90 - 91, Udaipura, Jawahar Marg, Indore
Phone: 0731- 2537408, 2536785
Fax: 2435770
Email: indore@sbhyd.co.in

State Bank of India
Address: Indore Main Branch,
Indore - 452001
Phone : 0731-6466576,6466978,6466982
Fax : 0731-2713199

State Bank of Patiala
Address : Usha Nagar, Indore
Phone : 0731- 788442

State Bank of Travancore
Address : P.B. No. 633 A - 1 Block, Opp. T.V. Tower,
Ratnadeep, A.B. Road, Indore - 452001
Phone: 0731-2510612, 0731- 2510614, 0731- 2510611
Fax: 0731- 2510617
Email: indore@sbt.co.in

Syndicate Bank
Address : 29/ 30, Shiv Vilaspalace, Rajwada Chowk,
Phone No. : 0731– 2542707 / 2543567

The Federal Bank
Address : P B NO.108, 1/2 Jaora Compound, M Y H Road, Indore - 452001
Phone : 0731- 2704217

The Jammu and Kashmir Bank
Address : Babadeep Complex, Maharani Road, Indore
Phone : 0731- 2538885

The Lakshmi Vilas Bank
Address : 7 - 8, R.N.T. Marg Silver Castle Building P.B. No. 503 Indore - 452001
Phone : 0731 - 2529102

UCO Bank
Address : 20, Sharada Nand Marg Indore - 452001
Phone : 0731- 2703451

Union Bank of India
Address : 377, Jawahar Marg, Siyaganj, Indore,Madhya Pradesh, Pin - 452007 .
Phone: 0731 - 2543536 / 2543105

United Bank of India
19, Sunder Plaza, 1st Floor, Street No - 1, Jail Road, Indore - 452007

Vijaya Bank
Address : Siddartha Plaza, Dhenu Market, 564, M G Road, Indore - 452001
Phone : 0731- 2535907

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Comments / Discussion Board - Banks in Indore

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    Shruti from Indore 1536 Days ago

    thanks for giving the bank list!! i want to open an account in sbi bank, can you tell me what documents are required to opening a bank account?

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    indoreonline.in Expertfrom 1250 Days ago

    Hi! To open account in SBI bank you have to submit copy of your identity and residence proof.

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