Vijaya Bank was incorporated in October 1931 in Mangalore, Karnataka. It was founded by late Shri A.B.Shetty and other enterprising farmers with an intention to promote banking habits among farming community in the Dakshina Kannada district in Karnataka State.
Vijaya Bank became a scheduled bank in 1958. During the year 1963-68 is grew into all India bank by merger of nine smaller banks into Vijaya Bank. It got nationalised in year 1980.
Currently, it has a network of 1277 branches, 49 extension counters and 551 ATMs pread across all 28 states and 4 union territories in the country.
Products and Services
Rural Banking- As main objective of Vijaya Bank was induce banking habits in Farmers, it offers wide range of products and services such as saving account, loans and advance facility to farmers, deposits , etc.
Personal Banking- It offers wide range of products in personal banking such as saving account, fixed deposit, debit card, credit card, RTGS, NEFT facility etc.
NRI Banking- It also offers products and services catering NRI Clients such remittances facility, loans, deposits etc.
Vijaya Bank offers various products and services specific to various segments such as it has saving accounts for children, scheme for women clientele, credit facilities to minority communities like Zoroastrians, Buddhists are among others.
It also offers merchant banking facility and insurance policy.
Awards & Achievements
2015-16
IT Excellency
• ‘Information Security Maestro 2015’ Award for Information Security and BCP initiatives by Info Security Magazine.
• SKOCH Order-of-Merit award 2015 from Skoch Group for new innovation payment product ‘V-Quick Pay.
• ‘SKOCH Award’ from Skoch Group for Small Payment Collection – Use of Pull Technology.
• ‘Best Bank Award for Cyber Security Risk Management among midsize banks from Dr. Raghuram G. Rajan, Governer, RBI at IDRBT Banking Technology Excellence Awards.
• Data Security Council of India (DSCI) NASSCOM Excellence Award 2015 for ‘Security in Bank’.
• Finnoviti 2016 Award for the following products 1. V Quick Pay 2. Small Payment collection using pull technology.
• Data Integrity Award from MasterCard International for Data Integrity 2015.
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For Asset Quality Management
• ‘Best Asset quality Management’ Award by Dun & Bradstreet.
For best performance in MSME
• ‘Excellence Award for PMJDY performance’ by Micro Small and Medium Enterprises, Govt. Of India.
• Bank received MSME Banking Excellence awards instituted by Chamber of Indian Micro, Small and Medium Enterprises ( CIMSME), New-Delhi for,
• Best Bank under ‘MUDRA’ Yojana for emerging Bank-Winner.
• Best Bank for Promotional schemes under emerging Bank-Runner Up.
Human Resource Management
• ‘Best HR & Talent Practices – 2015 Award’ from Banking Frontiers
Financial Inclusion
• ‘Best Performance’ AWARD FOR Self Help Group/ Joint Liability Group (SHG/JGL) linkage From NABARD for maximum Number of branches involved SHG – Bank , Linkage Programme.
• NABARD Award has awarded the bank for the performance under SHG/JLG-Bank linkage in Karnataka for FY 2013-14 for Maximum number of branches involved in SHG-Bank linkage, Highest average SHG loan size, highest Average JLG Loan Size programme which was distributed during FY 2015-16.
• ‘Excellence Award for PMJDY performance’ by Micro Small and Medium Enterprises, Govt. Of India.
• The Bank won the ‘Winner’ trophy under ‘Mudra’ scheme and the ‘Runner- up’ trophy under ‘Promotional Scheme’. The awards were distributed by Union Minister Shri. Piyush Goyal.
• All the VIBSETI’s have been awarded Certificate of Excellence and VIBSETI Indore has been Awarded 3rd Prize by Government of lndia on RSET Divas.
• Best Performance’ AWARD FOR Self Help Group/ Joint Liability Group (SHG/JGL) linkage from NABARD for highest Average SHG/JLG Loan Size.
• The SKOCH Financial Inclusion & Deepening Award – 2015 from SKOCH group
• ‘Outlook Money Award’ 2015(Runner up in Best Education Loan Provider category).
• Banking Summit cum Social Banking Excellence Award,2015 by Association for Agriculture Banking
2016-17
‘CEO OF THE YEAR’ under the title Super Achievers by World Marketing Congress.
• National Gaurav Award – 2016 by Indian Bravehearts, presented at Vigyan Bhawan New Delhi
• Golden Peacock Award for Best Risk Management instituted by Institute of Directors.
• Award for ‘Dream Companies to Work for’ – PSB Category by World HRD Congress
• 6 National Awards by ABP News Group under Banking and Financial Services & Insurance category;
Best Bank in Public Sector
Best Internet banking Service Provider
Best Security Initiative
Bank with Best Customer Orientation
Bank with Leading Financial Inclusion Initiatives
Bank with Best Technology Orientation
• National Award for ‘Excellence in Lending to MSE’ by Ministry of MSME, Govt. of India.
• Best Bank for Electronic Payments among Mid-Size Banks award from IDRBT, Hyderabad.
• SKOCH Inclusion Award 2016 - Order-of-Merit for FeeHIVE (Bank’s own Fee Payment Solution)
• SKOCH Technologies for Growth Award 2016 – ‘Order-of-Merit’ for Toggle Net Banking (Bank’s own App)
• Security Transformers – Transformers Award 2016 by DELL EMC2
• IBA Technology Bank of the Year, by Indian Banks’ Association
• National Payment Excellence Awards 2016 by NPCI
• ‘Best Bank for Electronic Payments’ among Mid-Size Banks’ by IDRBT, Hyderabad
• Bestowed with prestigious ISO 27001:2013 for best ISMS practices in Banking Industry.
• Information Security Award “Infosec Maestros Award 2017 - India’s top most honour for CISOs/ Infosec leaders” by Leading Magazine “Infosecurity”.
• ‘Best HR Practices Award’ in Public Sector Banks Category by Banking Frontiers
• Global HR Excellence Award for – Organization With Best Employee Relations Practices
• HR & Leadership Award for Best Talent Management by ABP NEWS
• Employer Branding Awards – Best Employer 2016-17 for ‘Best Hr Strategy In Line With Business’
• ASSOCHAM Social Banking Excellence Award 2016 for Agriculture Banking
• ASSOCHAM Social Banking Excellence Award 2016 for Participation in Government Scheme
• Global CSR Excellence & Leadership Awards for Best Corporate Social Responsibilities Practices by World CSR
• Best Performance Award among Public Sector Banks for the year 2016-17 by National Backward Classes Finance and Development Corporation (NBCFDC), Ministry of Social Justice & Empowerment, Government of India.
• Arogya World Healthy Workplace Award 2016 (Gold Level) by Arogya World India Trust
• Bank with Leading Financial Inclusion Initiatives - National Awards for Excellence in BFSI – by ABP News
• Excellence in MSE Sector awarded by Government of India
• ‘Best Education Loan Provider Award by ‘Outlook Money ’
• Best Home Loan provider (Runner-up) by ‘Outlook Money’.
• Best Performance under Prathan Mantri Awas Yojana by HUDCO
• Best MSME Bank Award- Winner (Emerging category) in MSME Banking Excellence Awards 2016-17 by Chamber of Indian MSME (CIMSME)
• ’Best SME Lending’ Award by Associated Chamber of Commerce & Industry of India (ASSOCHAM)
• Associated Chamber of Commerce & Industry of India (ASSOCHAM), ’Best SME Lending’ Award for 2015-16
• Second Prize in Rajbhasha Keerthi Puraskar for implementation of Official language in Region C by Ministry of Home Affairs.
• Financially Inclusive Bank Award-Runner Up 2016-17 by Chamber of Indian MSME (CIMSME)
• Gem & Jewellery Award by Gem Jewellery Export Promotion Council.
2017-18
• Vijaya Bank received Rajbhasha Kirti Puraskar Award from the Honorable President of India.
• Bank received VIBSETI Award from Ministry of Rural Development, Govt. of India at Vigyan Bhawan, New Delhi on 7th June, 2017.
• Best Bank in Public Sector
• Best Bank in NPA Management
• Banker of the Year (NPA Management ) - Sri. B S Rama Rao, Executive Director of the Bank
• Retail Lending
• Inclusive Wallet - VPAYQWIK
• Digital Inclusion
• IT Secuirty
• E- Surveillance of ATMs & Branches
• 100 Digital Villages - Financial Inclusion