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Ujjivan Small Finance Bank launches new branch in Cuttack


CUTTACK, NOV 1, 2022

Ujjivan Small Finance Bank Limited on Tuesday opened a new branch in Cuttack, taking its branch count to 20 in Odisha.

Located at Buxi Bazaar here, the new branch aims to fulfil Ujjivan SFB’s endeavour to serve customers with best-in-class banking solutions for Savings Accounts and Term Deposits at attractive interest rates. The branch, among other services, will also facilitate Current Account offerings and comprehensive banking services.

Speaking on the launch, Ujjivan Small Finance Bank MD & CEO Ittira Davis said, “The new branch at Cuttack is part of our commitment towards meeting the objective of providing best-in-class customer services. Cuttack, and the Odisha state, in particular, is our high-priority region. We remain committed to our strategy to build a granular deposit base and enhance our digital capabilities”.

Ujjivan Small Finance Bank serves over 1.5 lakh customers in Odisha.

Ujjivan Small Finance Bank continues to offer one of the highest interest rates of 7.5% on Fixed Deposits for 990 days and 8.25% for Senior Citizens on the same tenor. On 75 years of Independence, the bank initiated an offering with an attractive interest rate of 7.5% for three tenures: 75 weeks (525 days), 75 months and 990 days.

Additionally, the Bank also offer Platina FD, which is a non-callable deposit offering up to 7.7% for 75 weeks (525 days) and 990 days’ tenor, a Privilege Savings Account with a range of benefits like unlimited free transactions across any bank ATM, unlimited free fund transfers through net banking & mobile banking; Business Edge Current Account equipped with a wide range of features, BusiMoni OD, a one-of-a-kind Overdraft facility.

Bisides, Ujjivan Small Finance Bank also offers an exclusive Senior Citizen account catering to the Banking needs of Senior Citizens, a Garima account catering to the banking needs of Women customers and NR accounts and solutions for NR customers.

The bank also offers Business Loans for Micro and Small Enterprises ranging from Rs. 10 lakh to Rs. 10 crore, affordable Housing Loan ranging from Rs. 5 lakh to Rs. 75 lakh for those looking to purchase/construct their dream home.

Ujjivan Small Finance Bank is operational across 24 States and Union Territories with 590 branches.

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