ICICI Bank, India's largest private sector bank, today announced the launch of 'Branch on Wheels' in Odisha, as part of its financial inclusion plan that aims at providing banking services in villages which are so far devoid of banking facilities.

The 'Branch on Wheels' is a mobile branch with an ATM. It offers a wide range of banking products and services such as savings accounts, loans, cash deposit/withdrawal, account balance enquiries, statement printing and funds transfer/DD/PO collections, among others.

The 'Branch on Wheels' will be operated on a van. It will be stationed at specific timings of the day in pre-identified, unbanked villages at specified locations. It is equipped with a GPS tracking system, laptops with 3G connections, LED TV, a safe, a printer, public announcement system, an UV Lamp that detects forged cheques, a note counting-cum-authentication machine that identifies fake currency notes and a unique low weight ATM.

Rajiv Sabharwal, executive director of ICICI Bank said, ''ICICI as a group has always taken a holistic approach to provide financial services in rural and remote areas. In line with this approach, we have already launched 440 branches across the country to provide basic banking services in villages which are devoid of banking facilities. Today's launch of 'Branch on Wheels' is yet another step of the Bank to expand its reach to the unbanked villages.''
 
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