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  2. Ujjivan Small Finance Bank Opened its 100th Bank Branch
  3. Ujjivan Small Finance Bank Opened its 100th Bank Branch

Ujjivan Small Finance Bank Opened its 100th Bank Branch
By Anupama Deshpande | October 28, 2017

After receiving final license from the RBI on November 11, 2016, Ujjivan Small Finance Bank has set up the Small Finance Bank and started its banking operations across the country with an experienced team of members. It successfully established its presence across 24 states of India by February 2017.



Ujjivan Small Finance Bank wants to utilize the full potential of the financially unbanked population in India. It has a mission to be the best institution to provide financial services to the unserved & underserved customers and transform to mass market bank.

Ujjivan Small Finance Bank is a wholly owned subsidiary of Ujjivan Financial Services Ltd.. It recently has opened 3 branches in Bhatinda, Nanjangud and Nagpur. With these branches, it has achieved a milestone of opening 100 bank branches in India which it did within a short span of 8 months from starting its banking operations.

Interested to know Is it beneficial to invest in bank fixed deposit (FD)?

Ujjivan SFB has its core objective to make banking more seamless and accessible for its customers.

Ujjivan SFB offers diverse & attractive products to its customers with attractive interest rates. It provides all the banking services for example Aadhaar enabled account opening process on a hand-held device, net banking, phone banking, doorstep facility, access to biometric ATMs, etc.

Interested to know Small Finance Bank offering Highest Interest @9.5% on Fixed Deposits (FD)

It offers very attractive interest rate of 8% on Fixed Deposit for regular customers & 8.50% for senior citizens of FD tenure of 1 year to 2 years which is much more than other commercial banks. Further, there is no fee/ charge against non- maintenance of Monthly Average Balance in the bank account.

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About Anupama Deshpande
Anupama is a Co-Founder of CodeForBanks.com. She is an MBA (Finance) and Chartered Financial Analyst (CFA). She also carries a Fellowship degree in Life Insurance Sector and is a Master of Computer Application (MCA). She is an expert in Finance Field with an experience of over 18 years on different managerial positions in finance industry including Stock Market, Depository and Mutual Fund Sectors. Apart from that she has remained for few years in the field of marketing as well. Her suggestions and advice for investments have been very useful to many people.
Her vast interest & expertise in the field of finance have encouraged her to write the articles so that others can also get benefitted out of them. She never loses any opportunity to learn and be creative. She is a valuable asset for CodeForBanks.com & important resource to all those around her.

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