State bank of India (SBI) has inaugurated second SBI INTOUCH hi-tech branch in Visakhapatnam. SBI INTOUCH will be a digital branch in which the customer can open an account all by himself or herself, take out the passbook, deposit or withdraw cash, and also get wealth management advice. The branch will have all the facilities for the customers such as video conferencing, ATM, CDM, and others available throughout day and night in a separate enclave.
At present, the bank has four such branches in Hyderabad and two more will be added before the end of the month. In Andhra Pradesh, the bank is planning to open two more branches at Guntur and Anantapur by the end of this month.
SBI offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc
