HDFC Bank launches SmartUp Zone in Hyderabad

The HDFC Bank has announced the launch of a SmartUp Zone, an exclusive area inside the branch dedicated to start-ups, in Hyderabad.
HDFC Bank launches SmartUp Zone in Hyderabad

Hyderabad

In the first phase, the SmartUp Zone has been launched at its the Gachibowli branch in the city, catering to all the start-ups located in Telangana, HDFC Bank said in a statement.
There are about 2,000 start-ups based in Hyderabad with about 350 accounts with HDFC bank, it said.
"Nationally, SmartUp Zones will be launched in over 65 branches in 30 cities across India, including tier 2 and 3 cities that are emerging as start-up hubs," it said.
Through the zones, specially trained bank staff will offer tailor-made banking and advisory solutions to entrepreneurs.
SmartUp is tailored to meet all the requirements of a start-up, offering banking and payment solutions, along with advisory and forex services. This year, the bank is taking its start-up offering to the next level with dedicated start-up zones, the statement said.
"At HDFC Bank, we are working towards creating a complete ecosystem to nurture the spirit of innovation and enterprise in the start-up space that will spur job creation and bring economic benefits to the country," said Madhusudan Hegde, the branch banking head (south)

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