Bank of India opens first branch in Leh

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.

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.

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.