NE BUSINESS BUREAU
CHENNAI, FEB 27
Karur Vysya Bank (KVB) announced the inauguration of its 6 new branches in Tamil Nadu & Andhra Pradesh today. These branches will offer a comprehensive range of banking services like accounts, deposits and loans including savings and current accounts etc.,
During the financial year 2024-25, the bank added 35 branches and the bank now has 877 branches.
The new branches are part of KVB’s ongoing expansion efforts, according to a press release. The branches aim to enhance banking services in the region, offering a range of financial products and services, release said.
The new branches that were opened today:
- 872nd Branch – Salem (Cherry Road) – inaugurated by Mr. Balasubramaniyan, Deputy Commissioner, Salem Corporation
- 873rd Branch – Proddatur (Andhra Pradesh) – inaugurated by Mr. Mallikarjuna, Municipal Commissioner, Proddatur
- 874th Branch – Tiruvallur (Manavala Nagar) – inaugurated by Mr. Thirunavukkarasu, Municipal Commissioner, Tiruvallur
- 875th Branch – Trichy (Melachinthamani) – inaugurated by Dr. Kumaravel, Dean, Mahatma Gandhi Memorial Government Hospital, Trichy
- 876th Branch – Chennai (Chitlapakkam) – inaugurated by Mrs. Sasikala, Deputy Commissioner, Tambaram City Municipal Corporation
- 877th Branch – Tiruppur (Neruperichal) – inaugurated by Mr. Chikkannan, Trustee, M N Chickkanna Chettiar Trust, Tiruppur
The new branches shall cater to all basic banking transactions and also specific needs of customers, offering the entire spectrum of banking products and financial services covering Retail, Institutional and Consumer lending.
KVB offers Internet Banking and Mobile Banking facilities. KVB DLite, the Mobile Banking app of the Bank offers convenience of financial and non-financial services through 150+ features. The app has been recently upgraded with several customer friendly features.
