Indian Bank recently organized a ‘Financial Inclusion Saturation Program’ in Thiruvallur, aiming to promote financial inclusion and banking services among the unbanked and underbanked populations in the region. The program is part of the bank’s efforts to expand its reach and provide accessible financial services to all segments of society.
The event was attended by various stakeholders, including bank officials, local government representatives, and community leaders. The program focused on creating awareness about the importance of financial inclusion, the benefits of banking services, and the various initiatives undertaken by the bank to promote financial literacy and accessibility.
Indian Bank has been actively working towards achieving the goal of financial inclusion, which is a key objective of the government’s financial inclusion policy. The bank has been taking various initiatives to expand its reach, including the opening of new branches, extension counters, and ultra-small branches in rural and semi-urban areas.
The ‘Financial Inclusion Saturation Program’ is a comprehensive program that aims to provide banking services to all households in the region. The program involves door-to-door surveys to identify unbanked and underbanked households, followed by the opening of new accounts and provision of banking services. The bank also provides training and financial literacy programs to help customers manage their finances effectively.
The program has been successful in promoting financial inclusion in the region, with a significant number of new accounts being opened and banking services being provided to previously unbanked households. The bank has also seen an increase in the use of digital banking channels, including mobile banking and internet banking, which has helped to improve the accessibility and convenience of banking services.
The ‘Financial Inclusion Saturation Program’ is an example of Indian Bank’s commitment to promoting financial inclusion and providing accessible banking services to all segments of society. The program has the potential to make a significant impact on the lives of people in the region, by providing them with access to formal banking channels and helping them to manage their finances more effectively. Overall, the program is a step in the right direction towards achieving the goal of financial inclusion and promoting economic growth and development in the region.