Inaugurates State-of-The-Art Branch at Central Avenue Road
- Residents can avail easy, convenient, and smart banking facilities on the Mobile App as well as at the new branch opened in the city
- Unity Bank offers up to 9.50% p.a on Fixed Deposits and 7.50% p.a on Savings Accounts*
Unity Small Finance Bank Limited (Unity Bank), a new age, digital first bank, has established its presence in the orange city – Nagpur with the launch of a new branch at Central Avenue Road. Unity Bank’s foray will leverage the growing business opportunities in the city, provide customers with attractive interest rates on deposits, offer business loans to MSMEs and more importantly offer the citizens of Nagpur an opportunity to Bank with a Smarter, Faster and more Convenient Bank. Going forward, Unity Bank plans to open several branches in the city.
Unity Bank offers Fixed Deposits to senior citizens an attractive rate of 9.50% p.a.* whereas retail investors earn 9.00% p.a.*. For Savings Accounts, Unity Bank offers an interest of 7.50% p.a. for balances greater than Rs. 5 lakhs and 7.25% p.a. on deposit balances greater than Rs. 1 lakh and up to Rs. 5 Lakhs. Additionally, lockers are also available at competitive rates at select branches.
Inderjit Camotra, MD & CEO, Unity Bank said “Expanding our presence in Nagpur is a strategic move for Unity Bank, given the city’s significance as a thriving business hub. The city is renowned for its agricultural produce, textile industries and being a major logistics and trading center. It also has a significant MSME and HNI population and Unity Bank aims to tap into this dynamic landscape, offering tailored financial solutions to Nagpur’s entrepreneurs and residents. We are confident that our digital-first approach will resonate with the tech-savvy residents of Nagpur, enabling them to manage their finances effortlessly and securely.”
Unity Bank is a Scheduled Commercial Bank, promoted by Centrum Financial Services Ltd. It has deposits base of over Rs 7,500 crores, a Loan Book of approx. Rs 8,500 crores and a network of approx. 400 Banking Outlets across 20 states in India.
For more information about Unity Bank and its services, please visit www.theunitybank.com
*on select tenures. T&C apply
About Unity Small Finance Bank Limited
Unity Small Finance Bank Limited is a Scheduled Commercial Bank, promoted by Centrum Financial Services Ltd. (Subsidiary of BSE & NSE listed – Centrum Capital Ltd.) with Resilient Innovations Pvt Ltd as a joint investor. Driven by its mission to have the highest standards of Corporate Governance, Unity Bank has in place a strong Board comprising of industry veterans. It offers services across Branch Banking, Business Banking, Inclusive Banking, Digital Banking and Treasury Services. The Bank endeavors to offer comprehensive banking services, along with ease of accessibility, reach and speed, using a combination of advanced technology and expert banking services for a superior customer experience.