Utkarsh Small Finance Bank Limited Grows Stronger with New Banking Outlet in Handewadi

Navi Mumbai – Utkarsh Small Finance Bank Limited (Utkarsh SFBL) is pleased to announce the inauguration of its new banking outlet in Handewadi- Pune, Maharashtra. This expansion underscores the Bank’s commitment to enhancing financial inclusion and providing essential banking services to the residents of Handewadi- Pune, Maharashtra. With this launch, the bank has reached 1015 banking outlets across the country and 80 in the state of Maharashtra.

Commenting on the expansion, Mr. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited said, “Our new banking outlet in Handewadi reflects our dedication to strengthening our network in Maharashtra. Known for its rich history and strong community ties, Handewadi is an integral part of Pune. This region is famous for its landmarks such as the serene Aga Khan Palace, a site of historical importance in India’s freedom struggle, and the vibrant Koregaon Park, known for its cultural richness and community spirit. The opening of this outlet marks a step forward in our journey to support the dynamic and fast-growing population of Handewadi, fostering growth and development in the city.”

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. To cater to the aspirations of its customers, the Bank offers various loan products such as housing loans, business loans, and loans against property.

With its banking outlet infrastructure, digital banking capabilities, and ATM network, the Bank offers integrated customer service. Apart from this, the Bank offers multiple channels such as Internet banking, Mobile banking, Unified Payment Interface (UPI), and Call Centre.

Utkarsh SFBL 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 loans against property, amongst others. The Bank also provides the facility for customers to open a bank account without visiting the branch through the tablet-based application-assisted model, “Digi On-Boarding.”