UTI Bank

UTI bank which was transformed to axis bank was formed and incorporated in1994 when the government first allowed private owners into the banking sector.

The bank is renowned to be one of the top private banks in India. With more than 726 branches, UTI bank has a wide array of facilities and services for its customers, ranging from personal banking to business banking and so much more.

The bank is esteemed to serving its customers to its limit, one of the things that has greatly brought many to the UTI bank is the fact that it has ATMs spread all over the country.

UTI bank has such corporate facilities as cash credit, short term loans, term loans, clean bill discounting, port finance, working capital demand loan, letter of credit, bank guarantee, solvency certificates, among others.

UTI bank solely offers personal facilities such as:

• Personal loans
• Car loans
• Home loans
• Mobile banking
• Zero balance savings account
• Study loans
• Easy savings account, etc.

The famous currently known as Axis bank was the first private bank in India and it therefore goes without doubt that it has great experience with excellent services, focusing on its growth and development over the years. The bank also, is the first bank in India to provide AT PAR cheque facility, which goes without charges to all savings bank customers all over India.

With the cheque facility, customers are in a position to make payments to any beneficiary at any place, any time. The bank lately launched its credit cards in silver and gold variants which can be easily accessed in 60 cities across the country.

The bank basically focuses on strong customer service deals which aim at satisfying its customers in the perfect way possible. It also has strong emphasis on lending money to individuals, private and public institutions in a view of promoting the community around them as well as bringing out their need for customer service perfection.

There repayment periods for the loans are flexible and come in with fair interests. The present axis bank is basically transforming UTI bank into a global bank, which is modern and has its focus on the public and its customers in general.

The change of name by UTI bank was done voluntarily as opposed to the to the common merger or acquisition changes done by other banks. The bank offers its services in reference to stability and maturity, something that would never disappoint its customers at any point.