HDFC Bank Ltd recently opened a 2-person branch in Arpora in Goa.
The new branch is part of HDFC Bank’s plan to reach out to more people in rural parts of Goa through its micro-branches, which are primarily two or three member branches. These new-format branches have been especially created to service the unique requirements of the rural customer and to enable HDFC Bank to access far-flung areas of the country.
Arpora is situated in the north in the Bardez district of Goa. It is a popular tourist destination, well-known for the scenic beauty of its beach and traditional hamlets. The branch in Arpora will cater to the local population of approximately 9,000. It is located at House No – 152/2, F2, Waddo Divan Bhatti, Arpora, Bardez Goa – 403516.
The new branch was inaugurated by Mr Michael Lobo, MLA, Calangute, in the presence of Mr Jorge Bravo D’Costa, Cluster Head, HDFC Bank and other senior officials of the bank.
Speaking about the new branch, Mr. Ravi Narayanan, Branch Banking Head, HDFC Bank said: “The growth of our network in Goa enables us to offer the full range of banking services to a significantly larger number of families and businesses. With our new format 2- member branches we intend to bring a whole new world of convenience and flexibility to our customers.”
“The new branch at Arpora will remain open 6 days a week and enable customers to undertake day-to-day transactions and experience the wide range of banking solutions offered by us. We are happy to be part of the community and look forward to enjoying a long and mutually beneficial relationship with the people of Arpora.” said Mr Jorge Bravo D’Costa.
The Arpora branch is headed by Mr. Edwin Fernandes, Branch Manager.
With 53% of all its branches now located in semi-urban and rural areas, HDFC Bank is extending its reach in the hinterland in order to support inclusive growth.
With this launch, the Bank now has 62 branches in the state. As of June 30, 2013, the Bank had a distribution network with 3,119 branches and 11,088 ATMs in 1,891 cities/towns.
The new branch will offer customers world-class banking services under one roof ranging from basic services such as Savings Account, Fixed Deposits, Current Account, Mutual Funds, Insurance, Two-wheeler loan, Auto loan to sophisticated direct access banking channels such as ATM, PhoneBanking, NetBanking and International Credit and Debit Cards.