With this, the Bank has opened 52 branches in Maharashtra and 571
Navi Mumbai - August 08, 2021-: Utkarsh Small Finance Bank Limited (“USFBL” or the “Bank”), one of the leading small finance bank’s (“SFBs”) in the country in terms of return on assets and had the highest return on equity among SFBs in India in Fiscal 2020, today announced the inauguration of its branch in Kharghar, Navi Mumbai. With this, the Bank has 571 branches in the country with 52 branches in the state of Maharashtra.
Customers at Kharghar, can now avail the Bank’s products and services, which includes savings bank account, current account, fixed deposits and recurring deposits amongst other facilities.
Speaking on the inauguration, Mr. Kajal Ghose, Director, USFBL, said, “Kharghar is an important business node, and we are happy to expand our presence in this growing and bustling zone of Navi Mumbai. The inauguration of the branch significantly improves the access to financial products that the Bank has to offer for the residents of Kharghar. The customers in Kharghar can now avail a range of quality products and solutions offered by the Bank’’.
The Bank is in a position to provide an array of financial products and services to its customers, which includes savings and current accounts, fixed deposits and recurring deposits along with various loan products such as housing loans, business loans and loan against property. With its branch infrastructure, digital banking capabilities and ATM network, the Bank offers integrated customer service.
The launch of this branch in Kharghar is aligned with the Bank’s strategy to extend its reach to offer various financial services. This includes wholesale lending, micro banking loans (JLG loans), MSME loans, housing loans, loan against property, commercial vehicle loans, construction equipment loans and two-wheeler loans along with current and savings accounts, fixed and recurring deposits, insurance and investment products to its customers.
Customers can access banking services through multiple channels including banking outlets, ATM, internet banking, mobile banking, tab banking and call centre. As the Bank expands into newer markets and geographies, it continues to widen its customer base. The Bank provides facility to customers for opening a bank account without having to visit the branch through the tab-based application assisted model, “Digi On-Boarding”.