Agra Bank, China Bazaar Road, Madras 1870
The beautiful building of Agra Bank at the junction of Armenian Street and China Bazaar road in 1870s. See the lovely arched facade and a decorated street light in the front. The Bank called as Agra and United Services Bank was established in 1833 with parental institution at Agra and branches at Bombay, Calcutta, Madras,London, Lahore and Canton. The Madras branch was established in 1843 and intially it was at Amir Bagh before shifting to this building. The bank in 1850s offered 6 percent interest for a nine month deposit, 5 percent for six months, 4 percent for 3 months deposit. Current account interest was 2 percent for a minimum balance of Rs.1000/-. The Bank worked from 10 am to 4 pm on week days and 10am to 1 pm on Saturday. This beautiful building must have been demolished in the later part of 19th century.
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