A new branch of the State Bank of India (SBI) was officially inaugurated in Gudiyatham town, Vellore, on the Chennai Circle. The branch was opened by Parminder Singh, the Chief General Manager of SBI’s Chennai Circle. The event was attended by several senior officials, including Benudhar Parhi, the Deputy General Manager; Pallem Padma Babu Goud, the Regional Manager for Vellore; and D. Deepak, the manager of the Gudiyatham branch.

The new branch aims to provide a range of banking services to the people of Gudiyatham and surrounding areas. The branch is equipped with modern facilities and staffed by trained professionals to cater to the banking needs of the local community. The inauguration of the branch is expected to bring about greater financial inclusion and accessibility to banking services, ultimately benefiting the residents of Gudiyatham and the surrounding regions.

As a full-service branch, the SBI branch will offer a range of banking services, including savings and current accounts, fixed and recurring deposits, loans, credit cards, and other financial products. The branch will also provide doorstep banking services, enabling customers to receive banking services at their doorstep through a mobile application.

The opening of the new branch is a significant milestone in the history of SBI in Gudiyatham, and it reflects the bank’s commitment to expand its reach and services to the underserved and unbanked areas of the country. The branch’s inauguration is expected to bring about greater economic growth, employment opportunities, and overall development to the region.