SRINAGAR: HDFC Bank opened two branches at Pathwal and Reasi areas in Jammu region thus expanding its network to 67 branches in Jammu and Kashmir.
The new branches set up in the rural areas will offer the full range of world-class banking solutions to meet the needs of the local populace.
Pathwal is the Bank’s second branch in Kathua district. The proximity of the branch to the Dayalachak, Hiranagar, Chadwal and Jandi will also enable it to reach out to residents of these villages.
The branch will support the local economy by funding rice mills, businesses in addition to providing a comprehensive range of retail products and services to individuals. The rural branch in Reasi is the Bank’s second in Reasi District.
The Bank set up its first branch in Reasi in July 2011.
The new branches were inaugurated by Zubair Iqbal in the presence of local dignitaries and senior bank officials, including Sachin Mahajan, Cluster Head and Kunal Kak, Cluster Head.
Speaking about the launches, Ravi Narayanan, Branch Banking Head, HDFC Bank, said: “Our extensive branch network in Jammu & Kashmir reiterates our commitment to take formal banking services to every part of the state, particularly the unbanked and under-banked areas.”
He said that their objective was to empower more people by offering the full range of banking services, even in rural areas, thus making a difference in their lives.
“We are happy to serve the local populace and look forward to bringing a whole new world of convenience and flexibility to customers across the state,” he said.
The new branches will offer customers world-class banking services under one roof ranging from basic services such as Savings Account, Fixed Deposits, Current Account, Mutual Funds, Insurance, Two-wheeler loan, Auto loan, Kisan Gold Card to sophisticated direct access banking channels such as ATM, Phone Banking, Net Banking and International Credit and Debit Cards.