Utkarsh Small Finance Bank starts its operations in Kerala

Utkarsh Small Finance Bank starts its operations in Kerala

FPJ Web DeskUpdated: Monday, September 27, 2021, 01:36 PM IST
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With the opening of first branch in Keraka, the Utkarsh Small Finance Bank has 600 branches in 201 districts spread across 18 states and 2 Union Territories in the country/ Representational image |

Utkarsh Small Finance Bank Limited announced the inauguration of its first branch in the city of Kochi and in Kerala. The Bank has 600 branches in 201 districts spread across 18 states and 2 Union Territories in the country.

“Palarivattom, Kochi is an important business node. The inauguration of the branch significantly improves the access to financial products by the residents and entrepreneurs of the region that the Bank has to offer.We look forward to expanding our presence in the city,” said Govind Singh, MD&CEO, Utkarsh SFBL.

The launch of this branch in Palarivattom 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. 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”, it said in a press release.

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