Guntur: Jana Small Finance Bank, one of India’s leading small finance banks, has announced the launch of its first branch in Andhra Pradesh, located in Guntur.
The new branch, located in Guntur, Andhra Pradesh will cater to a wide range of banking products and services, including Deposits, Housing Loans, Gold Loans, Secured and Unsecured Business Loans, MSME loans, Supply Chain Finance, and Agricultural Loans.
The branch was inaugurated by Shri Shyam Sundar Polisetty, Director, Polisetty Somasundaram in the presence of Shri Ajay Kanwal, MD and CEO, Jana Small Finance Bank, other dignitaries and senior officials from the Bank.
Speaking on the occasion, Shri Ajay Kanwal, Managing Director and Chief Executive Officer, Jana Small Finance Bank, said, “We are thrilled to expand our network in Andhra Pradesh with our first branch in Guntur, a crucial commercial and agricultural hub. This expansion reflects the beginning of our commitment to participate in the state’s growth by providing best-in-class financial services to businesses and individuals.”
Expressing his thoughts on the launch, Shri Shyam Sundar Polisetty, Director, Polisetty Somasundaram Tobacco Products, said, “I am delighted to be part of this milestone as Jana Small Finance Bank establishes its footprint in Andhra Pradesh with its first branch in Guntur. As a thriving commercial and agricultural hub, Guntur is home to dynamic businesses and enterprising individuals who will benefit from greater financial access.”
With this expansion, Jana Small Finance Bank now operates across 25 states and union territories, with 796 branches, including 32.33% Unbanked Rural Centre (URC’s) branches and employee strength of nearly 25500 on its payroll.
