Andhra Pradesh

Capital region gets its first SBI paperless, digital branch

Express News Service

VIJAYAWADA: First SBI Intouch (digital) branch in Vijayawada was inaugurated at Governorpet as part of the bank’s contribution to ‘Digital India’ initiative of the Central government on Thursday.

It is second such branch in the state after Visakhapatnam. Paperless transaction and online transaction are the focus the branch. By September 2016, SBI management want to have at least one such branch in each of 13 districts of the state.

Addressing the media, after inaugurating the digital branch, SBI Chief General Manager of AP and Telangana, Hardayal Prasad said that ‘SBI  Intouch’ branch will have facilities including instant opening of account, printing and issue of personalised debit card, and expert advice on investment through video conference. “It will have an Online Banking Kiosk, where customers can learn and use Internet Banking. It also has an Express Banking Zone that includes an ATM, recycler (ATM + cash deposit machine), debit card printer, passbook printer (Swayam), and electronic cheque drop machine,” CGM said.

Deputy General Manager (B&O) Rajiv Kohli, Regional Manager G V Sastry and SBI Intouch Branch Manager P Rajeswara Rao were present.

Digitisation First SBI Intouch  at Visakhapatnam

Second at Vijayawada

By September 2016 in all districts

Advantage SBI Intouch

Instant opening of account

Printing, issuing of personalised debit card

Expert advice on investments

Online Banking Kiosk

Express Banking Zone

Quad unveils critical minerals, energy initiatives; flags China’s maritime actions

Will not take possession of Delhi Gymkhana Club by June 5: Centre tells HC

Siddaramaiah, Shivakumar in Delhi for meeting with Congress high command; CM meets Venugopal, Surjewala

Pakistan Defence Minister rejects Trump’s call to join Abraham Accords, reiterates Palestine stance

One more AIADMK legislator resigns amid row over Speaker accepting rebel MLAs’ resignations

SCROLL FOR NEXT