From Our Correspondent
JOWAI: HDCF Bank – the second largest private bank in the country opened its branch in Shangpung on Friday in which local MLA and also Parliamentary Secretary in-charge Soil and Water Conservation, C. Ymbon attended the inaugural function as the chief guest.
The Khliehriat HDFC Branch Manager, Gopal Purkayastha informed that this is the first 2-man branch in the country and the 10th branch of the bank in the state of Meghalaya.
“This is a new model and the first of its kind in HDCF Bank to provide world class banking facilities to small and remote rural areas”, he said.
The branch was inaugurated by Ymbon, in the presence of West Jaintia Hills Deputy Commissioner, Peter S Dkhar, General Manager and State In-charge Reserve Bank of India, Shyam Sunder Peri, Local MDC, Kilometer Lytan, and Block Development Officer, Laskein Block, Ms. EL Warjri besides other prominent residents of Shangpung village including headmen.
According to the HDFC Circle Head, Ms. Minoo Biswas, the new branch will offer customers world-class banking services under one roof ranging from basic services such as Saving Account, Fixed Deposits, Current Account, Mutual Funds, Insurance, Two-wheeler loan, Auto loan to sophisticated direct access banking channels such as ATM, Phone Banking, Net Banking and international credit and Debit Cards.
Country head Branch Banking, HDCF Bank, Navin Purisaid said, “As a leading bank of the country, we are committed to take world-class banking to the hinterland. With a comprehensive branch network across the country and a bouquet of products for every customer category we believed that we can make a difference to the lives of the people of this region”.
“The bank has a strong focus on branch expansion in the North East having its footprints in each of the 7 states of North East. We are committed to provide state of the art services to the local populace and enjoy a long and mutually beneficial relationship with them”, the HGDFC Circle head, Biswas said.