Reserve Bank Deputy Governor H. R. Khan inaugurates Bhubaneswar branch of Bandhan Bank
This is Bandhan Bank's 566th branch in the country.
Bandhan Bank commenced its operations on Aug 23 with 501 branches, 2,022 Door step Service Centres and 50 ATMs across 24 Indian states.
Currently, Bandhan Bank operates across 27 Indian states through a network of 566 branches and 160 ATMs, being served by more than 19,500 employees.
With the opening of the Bhubaneswar branch, Bandhan Bank has 15 branches operational across eight districts in Odisha -- including Mayurbhanj, Balasore, Bhadrak, Cuttack, Jajapur, Khordha and Puri.
The Kolkata-headquartered bank has two divisions -- micro banking and general banking, offering complete retail financial solutions, including a variety of savings and loan products. Currently, the savings bank account interest rate is 4.25% for balance up to Rs.1 lakh and 5% for balance above Rs.1 lakh. For term deposits, the maximum interest rate offered is 8.5 % for one to three years, with an additional 0.5% for senior citizens.
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