Ujjivan Small Finance Bank Limited announced today the opening of a new branch in Cuttack, Odisha. It will be the 20th branch in the progressive state of Odisha. The new branch is in Cuttack’s Buxi Bazaar. In the state, Ujjivan SFB serves over 1.5 lakh customers.
The new branches will help Ujjivan SFB meet its goal of providing customers with best-in-class banking solutions for Savings Accounts and Term Deposits at competitive interest rates. Among other things, the new branch will facilitate Current Account offerings and comprehensive banking services.
Ujjivan Small Finance Bank continues to provide one of the highest interest rates of 7.5% on Fixed Deposits for 990 days and 8.25% on the same tenor for Senior Citizens. On the occasion of its 75th anniversary, the bank launched an offering with an attractive interest rate of 7.5% for three tenures: 75 weeks (525 days), 75 months, and 990 days. In addition to the above, Ujjivan SFB provides an exclusive Senior Citizen account to meet the banking needs of Senior Citizens, a Garima account to meet the banking needs of Women customers, and NR accounts and solutions to meet the banking needs of NR customers.
The bank also provides Business Loans for Micro and Small Enterprises ranging from Rs. ten lakhs to Rs. ten crores, as well as Affordable Housing Loans ranging from Rs. ten lakhs to Rs. ten crores.
