Utkarsh Small Finance Bank Limited Expands with a New Banking Outlet in Vellore

Business MInutes

Utkarsh Small Finance Bank Limited (Utkarsh SFBL) is delighted to announce the inauguration of its new banking outlet in Vellore, Tamil Nadu. This new addition underscores the Bank's commitment to enhancing its presence in Tamil Nadu, providing access to essential banking services to the community in Vellore. With this launch, Utkarsh SFBL has achieved 14 banking outlets in Tamil Nadu and 999 nationwide, across 26 States and Union Territories.


Commenting on the expansion, Mr. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited, said, “We are excited to broaden our network in Tamil Nadu with our new outlet in Vellore. Known for its rich cultural heritage and educational institutions, Vellore represents a dynamic environment with growing financial needs. This new outlet will support local communities in accessing financial services, promoting economic growth and financial empowerment.”


Utkarsh SFBL provides a comprehensive range of financial products and services, including savings and current accounts, fixed deposits, and recurring deposits. Additionally, the Bank offers various loan products, such as housing loans, business loans, and loans against property.


With a robust banking infrastructure, digital banking services, and a network of ATMs, Utkarsh SFBL delivers integrated customer service. The Bank supports multiple banking channels, including Internet banking, Mobile banking, Unified Payment Interface (UPI), and Call Centre services.


Utkarsh SFBL is committed to serving underserved and unserved segments of society, providing micro-banking loans (JLG loans), MSME loans, housing loans, and loans against property. Customers can also open bank accounts remotely through the “Digi On-Boarding” tablet-assisted model.


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