A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries.
A large number of people, particularly the migrant laborers and factory workers do not have a saving account and even not able to open an account due to lack of valid address and ID proof.
As a result they face difficulties to save their earnings in a safe place and look out for solution to send money to their families. Through the Kiosk banking solution the following services can be offered:
As a result they face difficulties to save their earnings in a safe place and look out for solution to send money to their families. Through the Kiosk banking solution the following services can be offered:
Tatkal Money Transfer to any Bank account
IMPS Transaction/ Balance enquiry
Deposit / Withdrawal of Cash
Aadhar Enabled Payment System(AEPS facility)
Social Security Schemes(PMJJY, PMSBY & APY)
For More Services Click Here
