GANGTOK, September 18: Commemorating its 75th year of service, the Bank of Maharashtra is opening its new branch in Gangtok on September 16.
The Gangtok branch will be one of the 75 branches that will be inaugurated simultaneously by the Union Finance Minister Pranab Mukherjee from Vigyan Bhawan, New Delhi.
While calling a press conference here today, the Assistant General Manager, Kolkata Region Arun Mishra informed that the bank is expanding its wings in the North East Region with presence in Assam, Sikkim, Arunachal Pradesh and Meghalaya.
He further said that in the year of platinum jubilee the bank is also undertaking various socio-economic upliftments and financial inclusions with the adoption of 75 backward villages under ‘Mahabank Platinum Jubliee Gramin Unnati Prakalapa’. The project will develop basic, infrastructure in sanitation, healthcare, education, energy and water conservation in these villages, he said.
According to him the bank has 1500 branches serving its 13 million customers with core banking.
Yuva Yojna scheme is designed to spread saving habits in youth, he informed adding that the Bank is opening accounts of the youth with Rs 10 alongwith free ATM cum visa debit card to make them learn banking services.
The AGM also informed of a unique product ‘Mahasurkasha’, a life insurance cover of Rs 1,00,000 to the customer for one time premium of just Rs 172.
The General Manager of Reserve Bank of India, Gangtok Eugene E. Karthak will attend the opening ceremony as the guest of honor, he said.