Lloyds Banking Group plans to close a further 100 branches resulting in the loss of over 325 jobs, the bank said today, as part of a strategy to reduce costs. 

Britain's biggest mortgage lender said the branch cuts were part of 200 closures announced last July, and the move was in response to changing customer behaviour towards making more online transactions. 

The Lloyds group has more than 2,000 branches across the UK, and about 75,000 employees, according to its website. 

The closures affect 54 Lloyds branches, 22 Halifax branches and 24 Bank of Scotland branches.

Lloyds earlier this week announced it would reduce some branches to just two staff with tablet computers, in response to fewer customers visiting high street sites and increasingly banking online.  

The new smaller branches will not have counters, with customers paying in cash and cheques through self-service machines and talking to mortgage advisers through video links. 

This comes as Lloyds is poised to pass a significant milestone in its recovery from the financial crisis after the government sold more shares in the lender this week and the bank expected to return to private hands next month. 

A report by lawmakers last month warned Britain's poor and vulnerable people were hardest hit by bank branch closures.

This was echoed in a report by Reuters last June that showed banks were disproportionately closing branches in the lowest-income areas while expanding in wealthier ones.