Fincare Small Finance bank forays to East India, launches its first branch in Kolkata

 Fincare Small Finance Bank, a digital-first fast-growing small finance bank, inaugurated its first branch in Kolkata, India’s first city with metro culture and the oldest operating port. The city has also emerged as a forerunner in the field of drama, art and theater, leading to its progressive image.

Fincare has begun its voyage in East India with this launch. The bank is well-positioned to satisfy the banking needs of diverse customer segments offering a smart banking experience thanks to its modern tech, best-in-class products & services and competent workforce.

Mr. Rajeev Yadav, Managing Director and Chief Executive Officer, commented on the opening of the new branch, “Fincare is thrilled to serve Kolkata’s warm-hearted inhabitants. The Bank aims to offer solutions that are convenience-oriented, keeping in mind the banking needs of the target segments. We aim to offer the full suite of banking services to customers across urban and rural markets. The branch in Kolkata shall offer high-interest savings account, current account with Sweep in – Sweep out and QR-code facility, loans against gold, among other products. Customers can experience WhatsApp and Video Banking in addition to regular banking channels. The Bank also offers transactions supported by Unified Payment Interface (UPI). The bank had adopted a “Smart Banking” approach that has made it a preferred provider of modern and convenient banking services across India”.

As of 31st March 2022, the bank serves 32+ Lakh customers in 19 States/UT and has a workforce of 12,000+.

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