12^th Branch of The Udaipur Urban Cooperative Bank Ltd (UUCB) was opened to the public today, at Ambamata.

Chief Guest, Rajendra Bhatt, Additional Registrar, Cooperative Societies Udaipur inaugurated the Branch in the presence of special guest Ashwini Kumar Vashishth, Deputy Registrar, Cooperative Societies Udaipur; Chairman UUCB Ashiq Hussain Navania, Vice Chairman Arvind Shah, CEO Siraj Kathawala and other dignitaries and guests present on the occasion.

UUCB, with a Balance Sheet of over Rs. 500 Crore now has Nine branches in the city of Udaipur, with three out of station branches, one each in Rajsamand, Salumber and Fatehnagar the highest for any Bank in Udaipur.  Addressing advances of over Rs. 250 Crore and Deposits of over Rs 450 Crore the Bank is run with a total staff count of 112 across all branches.  The Bank clocked a Profit of Rs. 7 Crore in 2015, its highest till date.

On the occasion, Rajendra Bhatt congratulated the Chairman and Staff of the Bank and mentioned that he was impressed with the growth Bank has witnessed over the last few years.  The Chairman and CEO addressed the staff and wished them luck with the new branch and for days ahead.

Once the formal inauguration was done, Mulla Peer Ali of the Dawoodi Bohra Jamaat gave his blessings to the members and staff of the Bank.

The Ambamata Branch is located on the main road leading to Sajjangarh (from Subhash Circle) and has easy access to clients and visitors with manageable parking space outside the Bank.  CEO Siraj Ahmed said “The premises are spread over 2000sqft and will be currently manned by three staff, including the Branch Manager.  Located in a vastly populated area, having residential colonies, trading establishments, schools spread across, UUCB looks forward to cater to all Banking needs of the clients in this region, including Locker facilities”.

Currently UUCB operates on CBS and provides modern facilities of Mobile App (AUTOBANK), RuPay Debit Card and centralized clearing (Udaipur).

Those present on the occasion also included former Chairman of UUCB, Lt Col Sirajuddin (Retd.); members of the Board of Directors; Bank Management and staff; invited dignitaries and guests.  Chairman Ashiq Hussain Navania informed that another branch of the Bank will open in coming week.