A nominee can be anyone from your family members, including parents, spouse or siblings in certain cases.
The concept of Ezeepay DDS is to make banking easy and accessible for rural India as well as areas that lack rural banking facilities.
Senior citizens are also jumping into the digital bandwagon where security is a big concern
Moorthy said that the bank has disbursed Rs 1,567.62 crore and covered 13,753 beneficiaries to help borrowers during the Covid-19 outbreak.
During the Covid crisis, the government was able to distribute Rs 15,00 in three installments to the poor into their bank accounts.
While it was gradual, customers are now more comfortable interacting with chatbots as well as transacting through them.
M S Mahabaleshwara said that the bank is all set to emerge as 'digital bank of future' with end-to-end digital solutions for all banking activities.
Being at the forefront of digital inclusion in remote areas handholding customers to the digital ways is core to the digital banking at Bandhan Bank.
Here are a few reasons which are driving digital lending platforms today to maximise this opportunity and invest in first-time borrowers
In a communication to the employees, Anubrata Biswas has said over the last four years, the bank has grown rapidly, doubling every 18 months