Digital India initiative from the Govt. gives convenient access to banking services with increased footfall from Tier-1 to Tier-6 markets. Agency banking helps you increase the footfalls, especially in suburban and rural areas where branches and ATMs are few and far and cost of setting up of banking branches or ATM services are expensive on OPEX. Customers shall appreciate the touch points and will be willing to pay for the convenience with Agency Banking.
Leveraging the network of Banking agents to facilitate smoother banking transactions, loan disbursements & collections. Provide customers the convenience of banking on time, and reward customers for their loyalty. Benefits of the bank include lower operational cost, greater risk reduction, and the ability to sell new products to larger customer base outside the branch network or territory.
Banking Agents assist customers in performing transactions, aid them through the transaction experience and enable direct interaction with bank agents while avoiding the hassle to travel to the bank branches. Banking agents naturally educate customers to facilitate new account opening and also capture loan applications and close-knit banking experience a walk away.
Paperless AADHAR based e-KYC account opening and automated and electronic KYC processes. Capture real-time data online, photograph IDs, documents, and electronically capture signatures. No transcription errors, no loss of documents, direct online authorization. Even if a paper copy is required for regulatory compliance, the platform generates pre-filled PDFs and only the physical signature of the customer is required.