It has been reported that the country’s first women oriented women bank is launching its new branch in Kerala. This is the 13th branch of the bank in country. According to the bank reports bank is aiming to expand its network and have its branch in every state of the country.
Bank will be opening more branches and have a total of 25 branches by the end of this month. The aim of the bank is to enhance the women empowerment and facilitate banking services to all the women across the country. The bank caters best banking services and offers to the women. Keeping the need of the women in mind bank provides schemes to the women, bank offer kitchen modernization loan, beauty parlour loan and loans to establish catering units and day care centers.
The interest rate offered to the women is lower in comparison to the rate offered to men. Bank will provide services in every part of the country specially the area devoid of banking facilities, soon the bank will launching its first mobile branch in Rajasthan.