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HDFC Bank Parivartan to donate INR 10 crore to Odisha CM’s relief fund, repair 20 schools

Kids affected by Cyclone Fani

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 INR 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.

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

Sandeep Kumar, Branch Banking Head, East, HDFC Bank said At HDFC Bank, we believe in giving back to the communities that we operate in. Through this initiative, we hope to play a small role in the commendable on-going efforts to help rebuild Odisha. We would also like to thank our employees who have contributed to this effort.”