SBI brings ‘Bank on Wheels’ in Nagaland villages
By Vaibhav Aggarwal
Feb 3, 2012
Print    Email    RSS   

In an attempt to make available the banking facilities at the door-step of the customers, State Bank of India has launched ‘Bank on Wheels' project in Nagaland. The scheme will facilitate the population in the remote areas of the state which lack backing facilities and forms a part of the financial inclusion plan of the bank.

Majority of the bank's branches in state are concentrated in a three districts that leaves the remaining eight districts at dearth of branches and hence banking facilities. According to an estimate only around 20-30 percent population in the state has access to banking services.

Under the facility, the van will visit around 5-6 villages two times during a week. Before March 31st, the villages with a population over 2,000 will be covered under the scheme. In the second phase, which begins from April, villages with population more than 1,000 will be covered.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Know about Form 16
Credit profile and its effect on loan...
Know about Personal loan against fixed...
Bank loans that could glitter for you
Plan for your retirement

HOTEL: CaℒL Giℛℒs In Kharar 09855660911...
Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive