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Bandhan Bank expands Indian presence; opens branch in Kargil

By Gloria Mathias

November 06, 2023

  • Bandhan Bank
  • Banking News
  • Banks expansion
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Bandhan Bank, Core Banking, OTDC, Orissa Government, Payments Solutions, Orissa Tourist Development Corporation, Credit Card, Debit Card, UPI Payments, PoS Machines, Ladakh, Leh, Kargil, India Bank, Banking News, India Bank News, Fintech News, Fintech News India Bandhan Bank, a pan-India universal bank, has inaugurated a branch in Kargil, Ladakh. The Bank marked its entry into Ladakh in August with the opening of its branch in Leh.

With the new branch in Kargil, it has further strengthened its presence in the Union Territory. Mr. Kacho Mohammed Feroz, Executive Councillor, LAHDC, Kargil, inaugurated the branch in the presence of senior officials from Bandhan Bank and other local dignitaries. The Kargil branch is situated at Fatima Chowk in the Leh region.

In 2016, Bandhan Bank opened its branch in Jammu, marking its entry into the erstwhile state of Jammu and Kashmir. To strengthen its presence and serve more people in the region, the bank opened a branch in Srinagar earlier this year.

Bandhan Bank is now spread across 35 of the 36 states and union territories in the country and serves nearly 3.2 crore customers through a network of more than 6,200 banking outlets. The Bank is committed to fulfilling the diverse financial needs of Indians, irrespective of where they reside, what financial product they may need, or which banking channel they may prefer—physical or digital.

Chandra Shekhar Ghosh, Founder, MD and CEO, Bandhan Bank, said, “Kargil has a unique place in the hearts of Indians. We are proud to have our presence here and are privileged to be of service to the residents of Kargil. While the bank has been expanding its network, this branch in Kargil is a special one for all of us at Bandhan Bank.”

Bandhan Bank has expanded and will continue to expand its presence beyond its traditional regions of east and northeast, with an even mix of rural and urban markets. The bank offers total banking solutions to customers with deposit products and a variety of loan products, including retail loans like home loans, personal loans, and 4-wheeler and 2-wheeler loans, all at attractive interest rates.

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