HDFC Bank launches 74th branch in J&K

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SRINAGAR: HDFC Bank Ltd., on Tuesday touched the 74th branch milestone in the state of Jammu & Kashmir. The new branch was opened in Banihal town in the Ramban district. With this launch, the bank now has presence in all the 22 districts of the state.
The branch was inaugurated by District Development Commissioner, Ramban Showkat Ajaiz Bhat along with SVP, Branch Banking, Jammu & Kashmir, HDFC Bank, Zubair Iqbal in presence of senior officials of the bank. The new branch is located at Main Chowk, Himalaya Complex, Banihal, a handout read.
“With the opening of the new branch in Banihal, the bank now has a presence in all the districts of Jammu & Kashmir. Our extensive branch network is a reiteration of our commitment to take formal banking services to every corner of the state. Our objective is to offer customers our full range of banking services including on technology and digital banking platforms. Be it a customer present in an urban location or a rural area, the endeavour is to provide the same experience across the state,” said Zubair Iqbal.
HDFC Bank has rapidly expanded its branch network in J&K in the past five years as well as given a concerted push to its digital banking strategy in the state as part of its efforts to deliver its services using multiple technology platforms. At present, HDFC Bank has 74 branches and 211 ATMs in the state. This journey in the state began with the very first branch that was set up in the year 2003.
Since then, it has extensively leveraged technology to provide banking services through a host of digital channels such as net banking and mobile banking. HDFC Bank is today reaching out to an increasing number of people across the state through its branch network complemented by initiatives under its ‘Go Digital’ campaign, the handout read.