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   Bank

A bank is a commercial or state institution that provides financial services, including issuing money in various forms, receiving deposits of money, lending money and processing transactions and the creating of credit. A commercial bank accepts deposits from customers and in turn makes loans, even in excess of the deposits.
 
  Some banks (called Banks of issue) issue banknotes as legal tender. Many banks offer ancillary financial services to make additional profit; for example, most banks also rent safe deposit boxes in their branches.
 

   Pondicherry Banks

Banking in Pondicherry reach for higher standards everyday, in everything they do for their customers, their shareholders, associates and communities and their products and services have been designed keeping our needs in mind and by understanding our specific requirements helping in turning our dreams to reality. Banks are opened from 10.00 to 14.00(Monday-Friday).Private banks like ICICI are opened between 10.00 to 20.00 hrs.
 
    They are also open on Saturdays and Sundays. There is no import restrictions on money or travellers cheques brought into the country by travellers. Cash, bank notes, or travelers cheques upto a value of US $10,000 or equivalent need not be declared on entry into the country.
 
   Tourists are advised to exchange cash or travellers cheques only in banks or authorized exchange centre's and retain their receipts. This allow for re exchange of currency on departure. Please note that no Indian currency is allowed to be imported or exported.
 

   Pondicherry co-operative bank

There are 105 branches of various Nationalised and Commercial banks functioning in Pondicherry with a deposit mobilisation of Rs.2018.83 millions. Apart from this, PIPDIC, a state Finance Corporation renders yeoman service for promotion of small and medium scale enterprises. Branches of National financial institutions like SIDBI/NABARD/ NSIC also exist.
 
   If travellers have ATM then there could be no problem in any way, all bank ATM's available in pondicherry on each and every acess points like petrol bank, bus stand, hotels, commercial street etc.