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Utkarsh Small Finance Bank Expands in Maharashtra, Launches a New Banking Outlet in Kalyan

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With this, the Bank has 78 banking outlets in Maharashtra and 969 banking outlets across the country.

Kalyan, 18th October, 2024 – Utkarsh Small Finance Bank Limited (Utkarsh SFBL), today announced the inauguration of its new banking outlet in Kalyan, Thane Maharashtra. With this launch, the Bank continues to strengthen its presence in the state, ensuring greater access to banking services for the local communities.

Commenting on the expansion, Mr. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited said, “We are delighted to expand our banking network in Maharashtra. Kalyan, with its rich cultural heritage and growing urbanisation, offers immense potential for economic development. Our new banking outlet will enable the local community to access essential banking services, contributing to financial inclusion and growth 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. To cater to the aspirations of its customers, the Bank offers various loan products such as housing loans, business loans and loan 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 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”.

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