Question

Report Need to open bank in your village

Answer 1

heat is required to open bank in the village because:

1. it's important to give loan to the villages at low interest

2.

Answer 2

Hey

What is the procedure to ask any bank to open its branch in a village?

Every bank has to abide by priority sector lending. We call it financial inclusion.

However the criteria to Open the branch of the bank in a specific area is completely the bank call. There are lot of factors that affect the opening of the branch right from no of banks in the area, competition vialibity, distance of the nearest bank branch , infrastructure.

If you feel that your area in the village is well connected and not many banks operate, you can write to the administrative unit of the bank to open the branch if feasible..

Now days each bank has its presence on the social media. You can tag a bank for opening the area and the team managing the social media platform will have it forwarded to the right person