Ujjivan Small Finance Bank launches Mutual Fund Distribution Services

Ujjivan Small Finance Bank recently launched its Mutual Fund distribution services, marking a significant milestone in the Bank's journey towards offering comprehensive banking solutions. This offering is designed to provide customers with a seamless and digitally enabled investment experience that is supported by curated fund options, simplified onboarding processes along with in-depth analytics for better financial planning. The platform offers easy onboarding with minimal customer input, multi-channel access through Internet Banking, Mobile Banking, and RM channel.

Ujjivan Small Finance Bank has partnered with leading AMCs to offer customers a wide range of investment options.

Commenting on the launch Mr. Hitendra Jha, Head of Retail Liabilities - TASC & TPP, Ujjivan Small Finance Bank said, "At Ujjivan Small Finance Bank, we are committed to empowering our customers with accessible and transparent wealth creation opportunities. The launch of our Mutual Fund distribution platform marks an important milestone in our journey of providing comprehensive financial solutions. With a seamless digital experience, wide range of mutual fund offerings across channels, we aim to simplify investing and help customers make informed financial decisions aligned with their goals."

Shares of Ujjivan Small Finance Bank Limited was last trading in BSE at Rs. 59.75 as compared to the previous close of Rs. 59.59. The total number of shares traded during the day was 638367 in over 1960 trades.

The stock hit an intraday high of Rs. 60.19 and intraday low of 59.19. The net turnover during the day was Rs. 38041360.00.

Source : Equity Bulls

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UjjivanSmallFinanceBank INE551W01018 MutualFund DistributionServices