-7.30 (-0.56%) Axis Bank, India's third largest private sector bank, has opened its first Express Branch, a retail banking initiative to deliver superior Omni channel digital experience to customers in Bengaluru. The Express branch would offer cash withdrawals, instant cash deposits, cheque deposits, instant account opening, internet banking, instant issuance of gift & foreign currency cards, online buying of insurance and advisory services. The Express branches would be conveniently located in either a mall or office complex or business parks and would be digitally connected. They will provide 24x7 customer service.
Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 2402 domestic branches (including extension counters) and 12,922 ATMs spread across the country as on March 31, 2014.