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ICICI Bank Ltd today announced the launch of 18 new Gramin branches in Andhra Pradesh as part of its financial inclusion plan that aims at providing banking services in un-banked villages.
All these branches have been opened in small villages in six districts of the State.
They are located at Nudurupadu and Lemellapadu in Guntur district, IS Ragavapuram and Rajavaram at West Godavari district, Antarvedipalem, Visweswarayapuram, Kumarapuram in East Godavari district, Burja and Thamarakhandi in Vizianagaram district, Laddagiri, Bolavaram, Chetla Mallapuram and Pedda Tekur in Kurnool district, Ladanoor, Salakpur, Chaga and Ippagudem in Warangal district.
Rural branches
With these launches, ICICI Bank has opened over 59 rural branches in Andhra Pradesh. The addition of these new branches has increased the network of ICICI Bank in Andhra Pradesh to more than 219 branches, according to a press release.
Sreedhar Dharmapuri , Zonal Head (Rural & Inclusive Banking Group, Andhra Pradesh) of ICICI Bank said, these branches will offer all basic banking services. ICICI Bank has already partnered with the Andhra Pradesh Government for facilitating Aadhaar-enabled payment system for social security pension payouts.
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