Allahabad Bank – Merged with Indian Bank
Important Notice: Allahabad Bank merged with Indian Bank on April 1, 2020. All Allahabad Bank accounts, branches, and services are now part of Indian Bank.
The Merger
On August 30, 2019, Finance Minister Nirmala Sitharaman announced the merger of Allahabad Bank with Indian Bank. The Union Cabinet approved the merger on March 4, 2020, and it became effective on April 1, 2020.
Historical Background
Allahabad Bank was one of India’s oldest banking institutions:
- Founded: 1865 in Allahabad by a group of Europeans
- Nationalized: 1969
- Years of Operation: 155 years
- Former Headquarters: Kolkata, India
- Distinction: Oldest joint stock bank in India at time of merger
The Combined Entity
The merger created India’s seventh largest public sector bank with:
- Over 6,000 branches
- 4,800+ ATMs
- 43,000 employees
- 120 million customers
- ₹8 trillion in business mix (US$96 billion in assets)
For Former Allahabad Bank Customers
If you were an Allahabad Bank customer:
- Your accounts have been automatically transferred to Indian Bank
- All former Allahabad Bank branches now operate as Indian Bank branches
- Your account numbers and login credentials were migrated to Indian Bank’s systems
- Use Indian Bank’s digital platforms for online banking
Indian Bank Online Banking
Access your accounts through Indian Bank’s digital channels:
- Website: www.indianbank.in
- IndOASIS Mobile App: Available for iOS and Android
- Internet Banking: Register through the bank’s website or visit a branch
Part of Larger PSB Consolidation
This merger was part of the Indian government’s plan to consolidate public sector banks, reducing the number of nationalized banks from 27 in 2017 to 12.
For current banking services, please visit Indian Bank’s website.
Last Updated on January 3, 2026
URL: https://log-in.me/allahabadbank-calcutta-india/