Bandhan Bank opens 700th national branch

Bandhan Bank on Monday opened eight new branches taking its total branch network to 700 in the country. Out of these eight newly opened branches, seven are in West Bengal and one in Uttar Pradesh.

The 700th branch which is located on Ballygunge Circular Road, was inaugurated by the renowned actor–producer, Prosenjit Chatterjee.

On the occasion, Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, said, “For Bandhan Bank, the 700th branch is an important milestone. This branch has a special bay to cater to the affluent segment. Besides, there is e-lobby for those who look for self service. We are happy to have 700 branches in less than one year. We would like to maintain the momentum by increasing our footprint nationally to serve many more customers.”

Bandhan Bank now operates across 29 Indian states and Union Territories through 3,082 touch points consisting of 700 bank branches, 2,142 Doorstep Service Centres (DSCs) and 240 ATMs catering to 8.9 million customers. Bandhan Bank is served by a dedicated team of 21,200 employees. 

The Kolkata-headquartered bank has two divisions — micro banking and general banking, offering a suite of retail financial solutions, including a variety of savings and loan products. 

Bandhan Bank commenced its operations on August 23, 2015, with 501 branches, 2,022 DSCs and 50 ATMs across 24 Indian states. Bandhan is the first bank to be set up in eastern part of India post-Independence.