Utkarsh Small Finance Bank Limited (Utkarsh SFBL) is excited to announce the inauguration of its first banking outlet in Gangtok, Sikkim. This significant launch marks the Bank’s debut in the state, reinforcing its dedication to financial inclusion and providing vital banking services to the residents of Gangtok and beyond. With this new outlet, the bank has reached 1043 outlets across India, including its first in Sikkim.
Commenting on the expansion, Mr. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited said “The inauguration of our first banking outlet in Gangtok is a landmark moment in our journey towards broadening financial access in Sikkim, a state celebrated for its rich cultural heritage and stunning Himalayan landscapes. Gangtok, at the crossroads of tradition and progress, offers immense potential for economic growth.”
Utkarsh SFBL 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 loans against property, amongst others. The Bank also provides the facility for customers to open a bank account without visiting the branch through the tablet-based application-assisted model, “Digi On-Boarding.”
