NE BUSINESS BUREAU
CHENNAI, AUG 1
IndusInd Bank has inaugurated a new branch in Chennai’s Besant Nagar, adding 61st branch to its network across the city on Wednesday. This strategic expansion underscores Bank’s commitment in expanding its footprint and enhancing accessibility for customers.
The new branch in Chennai’s Besant Nagar offers a comprehensive range of banking services to cater to diverse needs of customers. Services include Savings and Current accounts, NRI accounts, Trade and Foreign Exchange, Retail loan products, FCNR Deposits, Payment Gateway, Lockers, and Credit cards. Additionally, innovative features like ‘My Account, My Number’, ‘Choice Money ATM’, ‘Direct Connect’, ‘Check on Cheque’ and ‘Finger Print’ banking will enhance customer convenience and accessibility.
- IndusInd Bank provides one of the most competitive rates on FD, up to 7.75% for tenure of 1-2 Yrs and up to 8.25% for senior citizens on a tenure of 1-2 Yrs
- Chennai is a key market with persistent growth and potential for various industries, especially for banking
Apart from the whole bouquet of banking products, the Bank also provides focused service for liability products like Fixed Deposits, considering the needs of the customers and market potential. IndusInd Bank provides one of the most competitive rates on FD, up to 7.75% for tenure of 1-2 Yrs and up to 8.25% for senior citizens on a tenure of 1-2 Yrs.
Chennai is a key market with persistent growth and potential for various industries, especially for banking. By offering a wide array of services and innovative banking solutions, the Bank caters to the evolving financial needs of the community, fosters deeper connections with customers and contributes to the economic development of this city.
As on 30th June 2024, IndusInd Bank has a total of 3,013 Branches/Banking Outlets across India. In terms of Bank’s overall business, total deposits of the Bank stood at ₹3,98,513 Crores and advances at ₹3,47,898 Crores. Further, the advances include consumer banking segment contributing 55% and within that vehicle finance – 26% and Micro Finance – 11%.
The Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centres and internet banking along with a suite of banking services through multiple social networks as an extension to its digital services.
