HDFC Bank #Parivartan to restore cyclone-hit Odisha schools

HDFC Bank #Parivartan to restore cyclone-hit Odisha schools

Ashima Bhat, Group Head, CSR, HDFC BankBhubaneshwar (Odisha), May 9, 2019: HDFC Bank today announced that it will restore and repair 20 government schools in Odisha that were affected by cyclone Fani. This initiative is aimed to help restore normalcy for distressed school students in the cyclone-hit districts of Khurda, Puri and Cuttack.

The restoration plan will cover:

  • Repairs and Refurbishment for school premises
  • Restoring Sanitation Facilities

The 20 schools will be finalised in consultation with the state government and the Bank’s local NGO partners will provide on-ground help with execution of the work.

As a humanitarian gesture, the bank is also donating Rs. 10 crore to the Odisha Chief Minister’s Relief Fund.

HDFC Bank’s #Parivartan programme is the umbrella brand for all its social initiatives. It is the Bank’s way of contributing to long-term, sustainable change in society as a whole.

HDFC Bank is also working round-the-clock to restore banking services to normalcy. To know the locations of branches made operational so far, click here.

In order to further ease customer woes, the bank has also waived off penalties on late payments for Credit cards or on EMIs for Personal Loans, Business loans, Auto Loan, Two-wheeler loans, Agri loans, Business Banking Working capital and Consumer durable loans for the month of May. Cheque bounce charges on payment of these loans have also been waived, in addition to late payment charges on credit cards.

The Bank has also enabled measures for assisting contribution to the chief minister’s disaster relief fund. To know how to contribute, click here.

 “We stand by the people of Odisha in this time of crisis,” said Ms. Ashima Bhat, Group Head, CSR, HDFC Bank“We hope through our efforts we are able to make a small difference to people’s lives. We continue to pray for a speedy return to normalcy.”

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.