Private sector lender Dhanalakshmi Bank today announced the launch of 'Online Internet banking facility' for its customers.

The lender stated in a communiqué that Internet banking facilities will be free of charge and will meet most banking needs like checking balance, generating account statements, funds transfer to any bank and register request for fixed deposits.

In addition, customers will also be able to view details of loans and generate statements, enquire about cheque-status and issue instructions to stop cheque payments.

Despite the surge, the shares of the bank closed the day at Rs 134, down 2% on BSE. The counter has made 52-week-high and low of Rs 143 and Rs 37 respectively.