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ICICI Bank unveils 'Branch on Wheels' in Chhattisgarh: Report

20 Feb 2014 Evaluate

ICICI Bank, India's largest private sector bank has reportedly unveiled ‘Branch on Wheels’ in Chhattisgarh, as part of its financial inclusion plan that aims at providing banking services in villages which are so far devoid of banking facilities.

The ‘Branch on Wheels’ is a mobile branch with an ATM that offers basic banking products and services such as savings accounts, loans, cash deposit/withdrawal, account balance enquiries, statement printing and funds transfer/DD/PO collections, among others. The mobile branch with an ATM will be operated at specific timings of the day in preidentified, unbanked villages through a van that will be stationed at specified locations.

ICICI Bank has more than 3,595 branches and extension counters, and over 11,160 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.

Peers
Company Name CMP
HDFC Bank 719.65
ICICI Bank 1309.40
Axis Bank 1233.05
Kotak Mahindra Bank 422.20
Indusind Bank 889.90
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