The State Bank of India (SBI) recently inaugurated a new branch in Neeli Nallah, Udhampur, a significant development in the region’s banking landscape. The ceremony was attended by Lal Chand, District Development Council Chairperson, Udhampur, and senior officials from the SBI Chandigarh Circle.
The event aimed to promote financial inclusion in the region by encouraging residents to open saving accounts and explore various deposit accounts, such as fixed deposits, savings accounts, and government deposit schemes. Bank officials also showcased loan products, including Kisan Credit Card, home loans, car loans, and personal loans.
In addition, the focus was on government-driven social security schemes, such as Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana. The new branch aims to provide convenient access to banking services and enhance the bank’s presence in the area, catering to the growing banking needs of the community.
Lal Chand, the chairman of DDC Udhampur, congratulated the local residents on this development and urged them to maintain their accounts at the nearby branch, which will boost the local economy. The chairman also directed the bank staff to regularly inform the rural public about government and banking schemes.
The inauguration of this new SBI branch marks a significant milestone in the region’s banking infrastructure, promoting financial inclusion and providing residents with greater access to banking services.