ICICI BANK INAUGURATES BRANCH AT KHALILABAD, UTTAR PRADESH – BRANCH IS THE FIRST IN SANT KABIR NAGAR

Khalilabad, Uttar Pradesh: ICICI Bank Ltd, India’s largest private sector bank, today launched a new branch near Khalilabad Public School, Gola Bazar at Khalilabad.

The new branch was inaugurated by Dr. Indravir Singh Yadav, District Magistrate, Sant Kabir Nagar.

The branch will remain open for customers from 9:00 am to 6:00 pm on Monday to Friday and 9.00 am to 2.00 pm on Saturday. The branch will offer the entire gamut of ICICI Bank products including a comprehensive range of deposits and loans. It will also offer Privilege Banking, NRI Services and locker facilities to cater to different customer profiles and needs.

Speaking on the occasion, Dr. Indravir Singh Yadav said, “It gives me great pleasure to inaugurate ICICI Bank’s new branch in Khalilabad. With this new branch, the people of this district will have now have access to ICICI Bank’s world-class products and services. They will no longer have to traveI 35 kms to Gorakhpur or Basti to access an ICICI Bank branch. I look forward to the Bank further increasing its footprint in this region.”

Mr. Utpal Isser, Zonal Head (Uttar Pradesh & Uttrakhand), ICICI Bank said, “Our endeavor has always been to make banking convenient to customers. This new branch is a step in providing customers enhanced access to the Bank’s world-class services and is in accordance with our ‘Khayaal Aapka’ philosophy of keeping the customer’s needs as the focal point of our business.”

ICICI Bank has over 3,500 branches and extension counters, and over 11,000 ATMs spread across the country. The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call center and internet banking (www.icicibank.com).
 
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ICICI Bank Inaugurates First Branch in Sant Kabir Nagar, Uttar Pradesh​

Khalilabad, Uttar Pradesh – ICICI Bank, one of India’s leading private sector banks, has inaugurated its first branch in Sant Kabir Nagar, Uttar Pradesh, at Khalilabad. This significant milestone marks the bank’s strategic expansion into rural and semi-urban areas, aimed at enhancing financial inclusion and providing comprehensive banking services to the local community.

Strategic Importance of the New Branch​

The inauguration of the ICICI Bank branch at Khalilabad is a testament to the bank’s commitment to serving underserved regions. Sant Kabir Nagar, being a predominantly rural district, has long been in need of robust banking infrastructure. The new branch will cater to a diverse range of financial needs, including savings accounts, loans, remittances, and digital banking services, thereby fostering economic growth and development in the area.

Facilities and Services Offered​

The newly inaugurated branch is equipped with state-of-the-art facilities to ensure a seamless banking experience for its customers. Key services include:

  • Savings and Current Accounts: Facilitating easy and secure transactions for both individuals and businesses.
  • Loans and Advances: Offering a variety of loan products, including personal loans, home loans, and business loans, to support financial aspirations.
  • Remittances: Enabling fast and convenient money transfers for the benefit of migrant workers and their families.
  • Digital Banking: Providing access to mobile banking, internet banking, and other digital solutions to promote financial literacy and convenience.
In addition, the branch will serve as a hub for various financial inclusion initiatives, such as financial education programs and assistance in opening no-frills accounts for low-income individuals.

Community Impact​

The establishment of the ICICI Bank branch in Khalilabad is expected to have a positive impact on the local economy and community. By offering a wide array of financial services, the bank aims to:

  • Enhance Financial Accessibility: Ensuring that residents of Sant Kabir Nagar have easy access to banking services, which is crucial for their financial well-being.
  • Support Small and Medium Enterprises (SMEs): Providing financial support to local businesses, helping them to grow and create employment opportunities.
  • Promote Digital Literacy: Educating the community about the benefits and usage of digital banking, thereby bridging the digital divide.
The branch will also collaborate with local government bodies and NGOs to implement financial literacy programs, ensuring that all segments of the population, particularly those from marginalized communities, can benefit from these services.

ICICI Bank’s Expansion Strategy​

ICICI Bank’s decision to open a branch in Khalilabad aligns with its broader strategy to expand its footprint across rural and semi-urban areas. The bank has been proactive in identifying regions with high potential for growth and financial inclusion, and Sant Kabir Nagar fits this criterion perfectly. By bringing its services to these areas, ICICI Bank aims to contribute to the government’s vision of a financially inclusive India.

Inauguration Ceremony​

The inauguration ceremony was attended by several dignitaries, including local government officials, business leaders, and community representatives. Mr. Sandeep Bakhshi, Zonal Head of ICICI Bank, presided over the event and emphasized the bank’s commitment to serving the needs of the local community. He stated, “The opening of this branch is a significant step in our mission to extend financial services to every corner of the country. We are confident that this branch will play a crucial role in the economic development of Sant Kabir Nagar.”

Future Plans​

ICICI Bank has ambitious plans for further expansion in the region. The bank is committed to opening more branches and ATMs in neighboring towns and villages to ensure that all residents have access to banking services. Additionally, the bank will continue to invest in technology and infrastructure to enhance the quality of services provided.

Conclusion​

The inauguration of ICICI Bank’s first branch in Sant Kabir Nagar, Khalilabad, is a landmark event that underscores the bank’s dedication to financial inclusion and community development. By providing a wide range of banking services and promoting digital literacy, ICICI Bank is poised to make a meaningful difference in the lives of the local residents and contribute to the economic prosperity of the region.

 
This article reports on the inauguration of a new ICICI Bank branch in Khalilabad, Uttar Pradesh, highlighting its significance for local residents and the bank's commitment to accessibility and customer service.

New ICICI Bank Branch Inaugurated in Khalilabad​

ICICI Bank Ltd., described as India's largest private sector bank, has opened a new branch near Khalilabad Public School, Gola Bazar, in Khalilabad, Uttar Pradesh. The inauguration ceremony was graced by Dr. Indravir Singh Yadav, District Magistrate of Sant Kabir Nagar.

Enhanced Banking Services and Accessibility​

The new branch will operate from 9:00 am to 6:00 pm on weekdays (Monday to Friday) and from 9:00 am to 2:00 pm on Saturdays, providing ample banking hours for customers. It is set to offer the full range of ICICI Bank's products and services, including various deposit options, a comprehensive suite of loans, Privilege Banking, NRI Services, and locker facilities. This broad offering aims to cater to diverse customer profiles and financial needs within the region.

Empowering the Local Community​

Dr. Indravir Singh Yadav, the District Magistrate, expressed his pleasure at the inauguration, emphasizing the significant benefit this new branch brings to the people of Sant Kabir Nagar. He highlighted that residents will no longer face the inconvenience of traveling "35 kms to Gorakhpur or Basti" to access ICICI Bank services, a crucial improvement in banking accessibility for the local community. Dr. Yadav also conveyed his anticipation for the bank to expand its presence further in the region.

Mr. Utpal Isser, Zonal Head (Uttar Pradesh & Uttarakhand) for ICICI Bank, reiterated the bank's commitment to customer convenience. He stated that the new branch aligns with their 'Khayaal Aapka' (Your Care) philosophy, which positions customer needs at the core of their business strategy.

ICICI Bank's Expanding Network​

The article concludes by providing context on ICICI Bank's extensive national footprint, noting that it operates "over 3,500 branches and extension counters, and over 11,000 ATMs" across India. The bank serves its vast customer base through a multi-channel delivery network that includes physical branches, ATMs, a call center, and internet banking, with the new Khalilabad branch further strengthening this widespread presence.
 
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