The women specialized bank initiated by Prime Minister a week ago will be establishing two more branches. The Bank has already established 7 branches now it is planning to launch two new branches in Indore and Delhi. Bank’s chairperson reported that all the arrangements for the new branches have been done. After the elections they will be launching the branch in Delhi. It has been reported that bank will soon reveal its base rate, at present the bank is providing 9% rate on fixed deposits and higher rate of interest on savings accounts i.e. 4.5%.
With the aim of adding 25 more branches this fiscal year, the bank is aiming to have its branch in all the states of the country. Bank is offering special offers and range of products to its customers like 10 free transactions at Non Mahila Bank ATM, and bank will provide credit card offers in partnership with SBI.