Banking Correspondence

Through Customer Service Points, we provide basic and retail banking services to India's unbanked and under-banked population

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State Bank of India
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Bank of india
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Bank of baroda
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Regional rural banks

Banking Correspondence

Through our robust framework of more than 8500+ Customer service points , we aim to provide end-to-end banking services to rural India, which comprises 80% of India’s total population.

With an objective of inclusive growth, our retail Customer Service Points, shall offer all banking services offered in a ‘Brick and Mortar’ branch, with technology-driven real-time connectivity. The real time connectivity shall further be supported by interopearability, which will enable people in ruban India to avail all kinds of banking services.

Direct Benefit Transfer

The Direct Benefit Transfer (DBT) scheme is an anti-poverty program launched by the Government of India. It aims to facilitate delivery of all social welfare benefits by direct credit to the bank accounts of beneficiaries.

Through the DBT scheme, the Government aims to route all the social security payments through banking network, using the Aadhaar-based platform as a unique identifier of beneficiaries.

We are a key participant in the DBT scheme as we enable the transfer of subsidies directly to the scheme beneficiaries through CSPs, thus eliminating the middleman. DBT will be routed by processing the scheme benefits and payments into the Aadhaar-linked bank accounts of the scheme’s beneficiaries.

Besides offering convenience to the beneficiaries, the DBT scheme ensures transparency and also terminates pilferage from distribution of funds sponsored by the Government.

Prime benefits currently offered

  • Pension for old people
  • Scholarship for students
  • Wages for labourers
  • LPG subsidy
     
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