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HDFC Bank launched programme for Bharat

HDFC Bank launched programme for Bharat – HDFC Bank launched its retail banking programme called ‘Vishesh’ for customers in semi-urban and rural geographies to onboard around 1 lakh new customers. The bank will set up more branches and launch customised, tailor-made products and financial solutions for this market segment.

  • HDFC Bank has planned to add 675 branches in semi-urban and rural geographies in FY24 to take the total number to nearly 5,000.
  • HDFC Bank started a ‘Classic’ programme for HNI or the top layer of customers where it has a customer base of 9,00,000, of which 3,00,000 are in semi-urban and rural locations.
  • These customers will be hived off under the ‘Vishesh’ programme to increase focus on and grow this market segment.

Features of the Vishesh programme

  • Dedicated personal banker
  • Facility extendable to 8 family members
  • Up to 50% discount on processing fees in gold loan and 50% waiver on valuation (once a year).
  • There will be up to 50% off on processing fees on construction equipment, tractors, personal, business, auto and two-wheeler loans.

HDFC Bank

  • Founded: August 1994, Mumbai
  • Headquarters: Mumbai
  • Chairman – Atanu Chakraborty
  • CEO – Sashidhar Jagdishan

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