Axis Bank inaugurates fifth branch office in Kohima
Axis Bank inaugurates fifth branch office in Kohima
Dr. Tseilhoutuo Rhutso encouraged young people to embrace financial responsibility and take advantage of banking services to pursue entrepreneurship and become economically self-reliant.
Dr. Tseilhoutuo Rhutso, Puojaulung and others during the
inauguration of Axis Bank's Lerie Branch in Kohima on Thursday. (EM Images)
KOHIMA — Member
of Nagaland Legislative Assembly (MLA), Dr. Tseilhoutuo Rhutso, on Thursday
encouraged young people to embrace financial responsibility and take advantage
of banking services to pursue entrepreneurship and become economically self-reliant.
Dr. Rhutso stated this during the inauguration of Axis
Bank's Lerie branch in Kohima, which marked the fifth branch for Axis Bank in
Kohima. He informed that Axis Bank has 17 branches in Nagaland.
He stated that Axis Bank has more than INR 10 lakh crore
deposits all over India and over INR 15,786 crore in the northeast. He also
shared that Nagaland alone has no less than INR 2,088 crore deposits. Despite
having only 17 branches in Nagaland, Axis Bank already has 27 ATM in the state.
Highlighting the aspirations of youngsters to be
self-sufficient and take up business and entrepreneurship, the legislator
expressed hope that the bank would extend a helping hand. At the same time, he
advised the youth to be honest, faithful and sincere and also understand their
responsibilities to repay the loan.
Just as the earth rotates on its axis, he expressed hope
that the newly opened bank branch office would become the axis of the city’s
economy. He envisioned the bank as a space where clients would come together
and foster bonds of friendship—even among those not previously on good terms.
He further stated that the new facility in the city would
enable young people to seize opportunities, understand their financial
responsibilities, grow economically and contribute to the city’s development.
Meanwhile, the cluster head of Axis Bank Ltd., Dimapur
cluster, Puojaulung, in his speech, expressed delight in expanding the bank’s
presence in Nagaland. He stated that it would be a full-fledged branch and not
just an extension that would offer all banking services to customers.
He highlighted various services that would be available at
the new branch such as savings and current accounts, term deposits and loans
including retail and government-sponsored schemes (GSS) as well as PPF, APY,
national pension system, Sukanya Samriddhi Yojana, etc.
He added that the bank would provide forex products, cards
and MAB and facilitates investments in mutual funds, Demat, digital gold, life
and non-life insurance. Digital services like internet banking, a highly rated
mobile app (rated 4.7), WhatsApp banking, Fastag, and digital rupee would also
be available, he informed.
The cluster head encouraged residents to visit the Axis Bank
branch and avail those facilities, stressing that the bank also needs their
support through account openings. He mentioned the bank’s willingness to
collaborate with the colony on financial literacy initiatives.
He informed that as of April 25, Axis Bank Ltd. has 5,868
branches in India with 202 in the northeast region and 17 in Nagaland—including
branches in Kohima, Dimapur, Chümoukedima, Mon, Wokha, Zunheboto and
Mokokchung.
Highlighting employment opportunities, he said there are
more than 150 Axis Bank staff in Nagaland with 95% being locals. He also informed
that Axis Bank has a total of 14,528 ATM in India including 329 in the
northeast and 27 in Nagaland.
He further informed that churches, schools and societies
could open accounts with Axis Bank and avail of digital solutions such as fee
collection and other services.
A speech was also delivered by Zekuovi Khatso, landlord of
the new Axis Bank Lerie Branch.
Vikehenuo Zumvu, relationship manager of Bajaj Allianz Life
Insurance Co. Ltd., enthralled the gathering with a song, while a prayer was
said by Atho Sothu, pastor of Lerie Baptist Church. The vote of thanks was
delivered by Anili Yeptho, branch operation head of Axis Bank Ltd., Lerie
Branch.
