Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Bank of India opens its first ever branch in LEH

Bank of India

Public Sector Bank, Bank Of India today unveiled its first ever branch in LEH (Bank’s 5086th Branch), taking another step towards main stream.

The newly launched branch is completely computerised with 24*7 banking.

Advertisementgreylabs

The Branch was opened by MD & CEO, A.K. Das in presence of Field General Manager A.K. Jain, Zonal Manager. Vasudev, Branch Manager Sangeeta and various local dignitaries and customers.

While interacting with the media persons MD & CEO, A.K. Das said that the Bank is fully committed to extend its banking services to the people living in the far flung areas of the country. The opening of branch at LEH is an important step towards this goal. It will not only boost economic activities in the region but will also help the local people to use various banking products viz. housing loan, vehicle loan, education loan, agriculture loan etc. and also reap the benefits of other Government schemes like PMJBY, PMAPY, Mudra, PM Swanidhi etc.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

He further advised that bank has unique Salary A/c scheme for defense and paramilitary personnel providing free insurance cover. Bank also provides home loan, vehicle loan and consumer loans at very low rates. Recently bank has reduced interest rate for Housing Loan to 6.50% and that for Vehicle Loan to 6.85%. The Bank will continue to endeavor to provide best quality banking facilities to its customers and connect more and more people to main stream banking with fully digitized facilities.

AdvertisementInfoComm India 2026

The programme was attended by senior officials OF RBI JAMMU and other dignitaries, Second in Command in CRPF- RINGZIN ANGMO, President Chamber and Commerce, President Merchant Association, President Hotel Association, MD of Hotel Zen, Chairman Ladakh Public School, Principal Ladakh Public School and various officials of local administration.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Also Read: Bank of India, MAS Financial Services Ltd partner to offer co-lending

In continuation to Bank’s mission to reach maximum customers PAN India, Bank also conducted ‘Customer Outreach Programme’ at LEH branch wherein MD & CEO, Shri A.K. Das distributed loan sanction letters to various beneficiaries.

On the occasion, under Bank’s CSR (Corporate Social Responsibility) Shri A.K Das is presenting ‘Paper Cutting Machine’ to the esteemed NGO of Ladakh “PAGIR” (People’s Action Group for Inclusion and Right) who is assisting differently abled persons by empowering them with different skills to earn their livelihood and live respectable lives.

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Balaji Sriram Appointed Head – Product & Marketing at Jio Payments Bank

Jio Payments Bank has appointed Balaji Sriram as Head – Product & Marketing, bringing extensive experience across banking,… Read more →

Novus Loyalty Enables CENT Rewardz Redemption on Delhi Metro Sarthi and IRCTC

Mumbai, September 10, 2026: Novus Loyalty Limited has announced the launch of CENT Rewardz redemption on the Delhi… Read more →

InvestYadnya.in Appoints Former Accenture MD Sriram Kannan as COO

Investment advisory and wealth management platform InvestYadnya.in has appointed Sriram Kannan, former Managing Director at Accenture, as its… Read more →

Canara Bank Reportedly Invests Over ₹50 Crore in DPDPA Compliance Initiative

New Delhi, September 9, 2026: Canara Bank has reportedly committed more than ₹50 crore towards compliance with India’s… Read more →

PB Fintech’s PB Pay Goes Live to Offer Unified Payment Solutions for Indian Merchants

Gurugram, September 7, 2026: PB Pay, the Payment Aggregator platform of PB Fintech Limited, has commenced operations and… Read more →

Navana.ai Raises ₹40 Crore in Series A to Expand Voice AI Across BFSI

Bengaluru, September 7, 2026: Voice AI startup Navana.ai has raised ₹40 crore ($4.2 million) in a Series A… Read more →