Utkarsh Small Finance Bank Limited expands its presence with the opening of a new banking outlet in Korba, Chhattisgarh

With this, the Bank has 19branches in Chhattisgarh and 871branches across the country.

Korba- September 23, 2023-: Utkarsh Small Finance Bank Limited (“USFBL” or the “Bank”), today announced the inauguration of its banking outlet inKorba, taking the count to19branches in the state of Chhattisgarh.
With this, the Bank has 871 banking outlets in the country across 26 States and Union Territories.
Speaking on the inauguration Shri. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limitedsaid, “Chhattisgarh holds significant importance to us. The launch of this banking outlet is to support the local community by fostering entrepreneurship, building financial confidence, and creating employment opportunities.”


The Bank is in a position to provide an array of financial products and services to its customers, which includes savings and current accounts, fixed deposits and recurring deposits along with various loan products such as housing loans, business loans and loan against property. With its branch infrastructure, digital banking capabilities and ATM network, the Bank offers integrated customer service.
This launch is aligned with the Bank’s strategy to extend its reach and offer entire gamut of financial services including current & savings accounts, fixed & recurring deposits, loans, credit, insurance and investment products to customers across our network. The customers can access banking through multiple channels like branches, 24*7 ATMs, Internet banking, Mobile banking, Unified Payment Interface (UPI) and Call Centre.

Utkarsh SBFL aims to provide financial services to underserved and unserved customer segments while serving other segments of society including micro-banking loans (JLG loans), MSME loans, housing loans and loan against property amongst others. Also, the Bank provides facility to customers for opening a bank account without having to visit the branch through the tablet based application assisted model, “Digi On-Boarding”.

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