Reported by: banking|Updated: November 28, 2016
ICICI Bank has deployed mobile branches in Maharashtra, Chattisgarh and Odisha to help customers carry out their banking transactions conveniently following the demonetization. The bank’s MD and CEO Chanda Kochhar said the mobile branches is yet another step by the bank to expand its reach to villages which are devoid of banking facilities. The mobile branches are catering to over 25,000 rural customers, helping them meet their daily financial needs in a convenient manner. Since 9 November, the bank has deployed mobile branches across 21 villages in these three states, which are all unbanked so far. The mobile branches offer a wide range of banking products and services such as savings accounts, loans, cash deposit/withdrawal, account balance enquiries, statement printing and fund transfer, among others.