Utkarsh Small Finance Bank Limited strengthens its presence with the opening of a new banking outlet in Zirakpur

With this, the Bank has 8branches in Punjaband 871 branches across the country


Utkarsh Small Finance Bank Limited strengthens its presence with the opening of a new banking outlet in Zirakpur, Punjab: Utkarsh Small Finance Bank Limited (“USFBL” or the “Bank”), announced the inauguration of its branch inZirakpur, strengthening its presence with8 banking outlets in the State of Punjab.

Utkarsh Small Finance Bank Limited strengthens its presenceWith this, the Bank has 871 banking outlets in the country spread across 26 states and Union Territories.

Speaking on the inauguration, Shri. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited, highlighted the significance of their nationwide expansion. He said “The inauguration of Zirakpur, Punjab banking outlet holds immense importance as it reinforces the bank’s presence in Punjab. This strategic move is expected to greatly enhance access to the bank’s financial products for the benefit of local residents and entrepreneurs in the region.”

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.

This launch is aligned with the Bank’s strategy to extend its reach and offer entire gamut of financial services including current & savings accounts, fixed & recurring deposits, loans, credit, insurance and investment products to customers across our network. The customers can access banking through multiple channels like branches, 24*7 ATMs, Internet banking, Mobile banking, Unified Payment Interface (UPI) and Call Centre.

Utkarsh SBFL aims to provide financial services to underserved and unserved customer segments while serving other segments of society including micro-banking loans (JLG loans), MSME loans, housing loans and loan against property amongst others. Also, the Bank provides facility to customers for opening a bank account without having to visit the branch through the tablet based application assisted model, “Digi On-Boarding”.