IDBI Bank has established ultra small branches (USBs) in 16 locations in villages to cater to the financial needs of the rural populace and is in the process of establishing such USBs in all the villages allotted to the bank for financial inclusion.
The USB will address the various needs of the rural customers like account balance enquiry, various advances suitable to him, remittance etc. for which the villagers had to hitherto travel long distances towards the bank branches located far away from their habitation.
Also, IDBI Bank has completed the implementation of financial inclusion in the entire allotted village well before the timeline set by the Government of India.
