Powered by: Motilal Oswal
09-11-2023 12:12 PM | Source: Accord Fintech
Ujjivan Small Finance Bank moves up on enhancing free doorstep banking services

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Ujjivan Small Finance Bank is currently trading at Rs. 57.10, up by 0.13 points or 0.23% from its previous closing of Rs. 56.97 on the BSE.

The scrip opened at Rs. 57.28 and has touched a high and low of Rs. 57.50 and Rs. 56.41 respectively. So far 243009 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 61.40 on 06-Oct-2023 and a 52 week low of Rs. 22.75 on 20-Mar-2023.

Last one week high and low of the scrip stood at Rs. 58.43 and Rs. 52.95 respectively. The current market cap of the company is Rs. 11121.11 crore.

The promoters holding in the company stood at 73.66%, while Institutions and Non-Institutions held 7.75% and 18.59% respectively.

Ujjivan Small Finance Bank (Ujjivan SFB) has enhanced its doorstep banking services, with a special focus on making banking more accessible and convenient for the senior citizens and differently-abled customers at no cost. This is in line with the Bank's commitment to promoting inclusivity and customer-centricity. Currently, over one lakh Ujjivan SFB customers in these categories can avail these services. Under doorstep banking services, the daily cash pickup and delivery limit per instance is now enhanced to upto Rs 25,000. 

Customers can receive up to four financial services at their doorstep door-to-door services per month without any service charges. The financial services also include cash pick-up & delivery, demand draft delivery and cheque pick-up. In addition, documentation services (non-financial) include profile update, submission of Form 15G/H (TDS relief exemption on term deposit interest), and re-issuance of debit cards. These services will be offered within the operational proximity of each branch.

Ujjivan Small Finance Bank ((Ujjivan SFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.