UAE is a country with more expat population where Indians comprise of 27% of the total population. Having maximum Indian population, there are several Indian organizations established their presence in the Emirates. Coming to the financial sector, in UAE there are quite a few Indian Banks. Even though most of the Indian banks in Dubai don’t carry financial operations, their branches help the Indian expats to manage the accounts back in their homeland.
Check: Top 10 banks in UAE
Here’s a list of Indian Banks in Dubai, UAE
Commercial Indian bank with all the services
Commercial banks are the banks that carry out all kinds of financial operations like loans, accounts, etc. They follow conventional banking principles.
Bank of Baroda
Bank of Baroda is the oldest bank established in UAE. It is one of the banks that carry financial operations in UAE.
They provide financial assistance to the expats and UAE nationals as well. They offer personal loan, home loan, car loan, savings account, deposits account and many other services to the UAE Residents.
They have 15 branches in the UAE with more than 6 branches in Dubai.
BANK OF BARODA
(Bur Dubai Main Br.)
Address P.O. Box No. 3162
Dubai, U.A.E
Tel.no. 00971 4 3538093, 3531955
Fax no 00971 4 3530839
E-mail barbaead@emirates.net.ae
Website http://www.bankofbaroda.com
BANK OF BARODA
(Abu Dhabi Br.)
Address P.O. Box No. 2303
Hamdan Street, Abu Dhabi, U.A.E.
Tel.no. 00971 2 6344302
Fax no 00971 2 6394338
E-mail abudhabi@bankofbaroda-uae.ae
Commercial banks with limited services
Some of the Indian banks in Dubai operate on the guidelines provided by the Dubai International Financial Center(DIFC). They are limited to a few services like Deposits, Credit, Financial Advisory, Advice on Investment deals.
Union Bank of India
It has two branches in UAE. Union Bank of India, Dubai is located in Dubai International Financial Center. It provides limited business activities like accepting deposits, providing credit, financial advice, setting investment deals, etc.,
The other branch is the representative office located in Sheikh Rashid Bin Saeed Al Maktoum Street, Abu Dhabi.
UNION BANK OF INDIA
Address P.O. Box No. 111824
Abu Dhabi, U.A.E
Tel.no. 00971 2 6222661
Fax no 00971 2 6222910
E-mail abudhabi.uae@unionbankofindia.com
IDBI Bank
IDBI has set up its office in Dubai International Financial Center, Dubai. It offers services like Deposits, providing credit, financial advice, deals on investments, etc.
IDBI Bank
5 Road
Dubai
Dubai – UnitedArabEmirates
04 323 1400
04 323 1401
State Bank of India
State Bank of India(SBI) operates under the guidelines of Dubai Financial Services Authority. It is providing its services in Dubai since 2007. SBI has 2 branches in DIFC, Dubai. One branch provides few services like term deposits, financial advice, providing credit, arranging deals in investments. The other branch is totally for administration purpose with no business activities.
STATE BANK OF INDIA
Address P.O. Box No. 7190
Dubai, U.A.E
Tel.no. 00971 4 3266675
Fax no 00971 4 3544429
E-mail ceo@sbi.ae
Canara Bank
Canara Bank has two branches in UAE. It is located in Dubai International Financial Centre, Dubai and Sharjah as well.
The office in Al Soor area, Sharjah works as a representative branch and the DIFC branch provides few services like deposits, advice on financial products, investments deals, advice and arrangement on credit.
CANARA BANK
Address P.O. Box No. 95400
Sharjah, U.A.E
Tel.no. 00971 6 5756521
Fax no 00971 6 5756523
E-mail canarash@eim.ae
Website http://www.canarabank.com
Punjab National Bank
The business activities provided in Punjab National Bank are accepting deposits, arranging credit. It has an advisory team to help with credit, deposits, investments and other financial products.
PUNJAB NATIONAL BANK
Address P.O. Box No. 506844
DIFC, Dubai,U.A.E
Tel.no. 00971 4 3257727
Fax no 00971 4 3257256
E-mail ceo@pnbdubai.com
Also, check: List of International Banks in UAE
Representative branches
There are some Indian banks in the UAE that don’t perform any banking activities but are set up as a representative branch. Representative branches don’t provide regular banking operations. They carry out marketing activities.
Union Bank
They have a representative branch located in Al Karama region, Dubai.
Union Bank of India, DIFC, Dubai,
Gate village 10, Unit no 208-210,
Dubai International Financial Centre,
Dubai UAE.
Phone no +971 4 388 7200 / 2975
Email: difc[Dot]dubai[At the rate]unionbankofindia[Dot]bank
(Regulated by the DFSA)
Bank of India
Bank of India has a representative branch in Dubai. They are located in Emirates Financial Towers.
BANK OF INDIA
Address P.O. Box No. 116470
Dubai, U.A.E
Tel.no. 00971 4 3977470
Fax no 00971 4 3977473
E-mail boiro@eim.ae
Website http://www.bankofindia.com
Corporation Bank
The chief representative office of corporation bank is located in Toronto Building, Bur Dubai.
CORPORATION BANK
Address PO Box : 241646
Dubai, UAE
Tel.no. 00971 4 3540377
Fax no 00971 4 3540378E-mail cbdubai@corpbank.co.in
Indian Overseas Bank
Indian Overseas Bank’s representative office in Dubai is located at Al Karama.
INDIAN OVERSEAS BANK
Address PO Box : 127116
Dubai, UAE
Tel.no. 00971 4 3969320
Fax no 00971 4 3969321
E-mail iobdubai@gmail.com
Oriental Bank of Commerce
Oriental bank of commerce has its representative branch in Al Karama, Dubai.
ORIENTAL BANK OF COMMERCE
Address P.O. Box No. 103946
Dubai, U.A.E
Tel.no. 00971 4 3975920
Fax no 00971 4 3975921E-mail obcdubai@yahoo.com
HDFC
The representative branch of HDFC is located in Trade Center Road, Dubai.
HDFC BANK LTD.
Address PO Box 64546
Dubai, UAE
Tel.no 00971 4 3170000
Fax no 00971 4 3967010
E-mail: nri.dubai@hdfcbank.com
About the author
Nikitha is a Senior Analyst at MyMoneySouq.com. She has been writing about personal finance, credit cards, mortgage, and other personal finance products in the UAE. Her work on Mortgage loans has been featured by the GulfNews and other popular Financial Blogs in the UAE.
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