Ujjivan Small Finance Bank opens three new branches

Ujjivan Small Finance Bank Limited (Ujjivan SFB) announced the opening of three new branches in Adyar, T Nagar and Mylapore in Chennai. The Bank aims to build a diverse and stable customer base while prioritising digital banking and diversifying revenue streams. 

Speaking on the launch, Mr.Ittira Davis, MD and CEO of Ujjivan Small Finance Bank, stated, “We are delighted to announce the launch of our three new branches in Chennai, bringing with them our expansive list of personalised banking products and services. We are confident that our competitive interest rates on savings and deposits will enable us to make a significant impact on the lives of the residents of Chennai. This expansion is in line with our mission of becoming a leading mass-market Bank”.

UjjivanSFB offers term deposits at attractive interest rates through its extensive branch and digital networks. The Bank provides one of the highest fixed deposit interest rates, 8.50% for Regular, NRE and NRO customers and 9% for senior citizens, for tenure of 15 months.Through its existing 95 branches in Tamilnadu, UjjivanSFB provides services to over 11.50 lakh customers