Ujjivan Small Finance Bank (Ujjivan SFB), one of the leading small finance banks in the country, now caters to the banking needs of 5.5 lakh un-served and under-served rural customers through its vast network of 187 Unbanked Rural Centres (URCs).
Through these URCs, Ujjivan SFB offers Agriculture and Crop Loans, Affordable Housing Loans, Individual Loans, and Business Loans for Micro, Small and Medium Enterprises. The Bank also provides Term Deposits and Savings Account at attractive interest rates and Current Accounts. These URCs offers personalised banking services like doorstep banking and technology enabled hassle-free banking experience, reducing the need for long-distance travel for banking needs.
The Savings Account offering by Ujjivan SFB includes the Regular, Maxima & Privilege Savings Account, which offer an interest rate of up to 7.5% per year. With doorstep banking services, a savings account can be opened in less than 10 minutes on a hand-held device with Aadhar authentication, making banking hassle-free and convenient for all. Regular Savings Account has features like a personalised RuPay Debit Card, no charge for non-maintenance of minimum balances, no extra charge for transactions at non-home branch and many more. For Maxima and Privilege customers, the Bank offers unlimited free transactions at any ATM, higher fund transfers through net banking, mobile banking, higher cash transactions and withdrawal limits.
Mr. Ittira Davis, MD & CEO, Ujjivan Small Finance Bank, said, “At Ujjivan SFB, we believe inclusive banking has potential to transform the lives of the people. Our Unbanked Rural Centre are the catalysts for the positive change, as a responsible mass market bank, we will continue to focus on deploying relevant and meaningful banking services with innovative technology solutions to assist unserved and under-served customers. Our mission is to promote digital and financial inclusion and prosperity for all segments of society”.