Tata Capital adds 60 new branches; achieves the 250 branch network milestone
o Plans to increase reach to 300 branches by March 2023
o Expansion focus on Tier II and Tier III markets
o Caters to over 2.5 million customers across categories
Mumbai, February, 2022: Tata Capital Ltd, the flagship financial services company of the Tata Group, expands its presence in the country with the addition of 60 new branches in the FY 21- 22 with a special focus on tier II and tier III markets. With this, Tata Capital has a wide network of over 250 branches and extension counters spread across India.
Tata Capital is a trusted financial partner to over 2.5 million customers and offers a comprehensive suite of diversified products and services. The company is steadily expanding its network and targets to reach over 300 branches by March 2023. The branch expansion program which includes tier II and tier III locations will enable Tata Capital to cater to the underserved customer segment and aid economic activity in these regions.
Sarosh Amaria, MD, Tata Capital Financial Services Ltd. said, “We at Tata Capital endeavor to serve our customers across digital and physical platforms. We believe a branch plays an important role in strengthening our relationship with our customers and helps us curate financial solutions for them. Our innovative and easy- to- access digital offerings complement our branch outreach initiatives to drive scale and seek new avenues for growth as well. Also, our expansion in tier II and tier III markets aims to facilitate inclusive growth in the country.”
Tata Capital’s suite of offerings comprising Consumer Loans, Housing (including Affordable Housing) loans, SME / Corporate Finance Products and Wealth Management Solutions are available across the company’s 250 branches and digital platforms. Also, Tata Capital’s customers can currently be serviced by logging on to the Tata Capital website, Mobile Apps, TIA (the chat and voice bot) on Alexa, Google Assistant and WhatsApp as well.