BANKIT is Preparing Local Shop Owners for the Future

 India is one of the fastest-growing economies in the world. However, out of 100% population, 70% population still struggles to get seamless availability of banking and financial services. The lack of bank branches/ATMs in rural and semi-urban areas could not fulfil the needs of the gigantic population of India.

 People who are unbanked, migrants and labourers suffer from a lack of banking and financial services, and the accessibility to these services is way too far from their reach. Hence, the necessity of removing digital illiteracy and making neighborhood stores provide 24/7 banking, financial and payment services to the needy people gave way to BANKIT.

 BANKIT offers money transfer services like Domestic Money Transfer (DMT), cash withdrawal services like Aadhaar Enabled Payment System (AePS) and Mini ATM, one-stop bill payment services like Utility Bill Payments, Prepaid Recharges, Travel and Stay Bookings, payment services like Prepaid Cards, FASTag, Cash Management Services, Aadhaar Pay, etc.

 Now how does BANKIT impart these services? BANKIT onboards retailers/distributors in every part of India, equip them with the latest technology so that they can provide their customers with all the services conveniently. BANKIT enables local shop owners to provide hassle-free banking and financial services at people’s doorsteps, especially where people don’t have direct access to such services.

 The customers associated with BANKIT who are not self-reliant are enabled to get the benefits of basic banking and financial services at their doorsteps through BANKIT’s vast network of agents. BANKIT’s mantra of building a successful customer base is to provide effortless services with convenience, reliability, and trustworthiness and to solve their problems promptly and timely.

 The zeal for making everyone empowered and equipped with digitalization has always inspired BANKIT. Hence, the inaccessibility of banking and financial services to the unbanked, underbanked, and migrant population of India motivated BANKIT to enable local shop owners to become the banking point in their vicinity.

 The agents of BANKIT are present in a large number in every nook and corner of the country delivering the basic banking, financial and payment services to the people who are not familiar with the modern yet basic means of availing such services. By empowering the local shop owners to digitalise themselves as well as to digitalise the people of their neighborhood, BANKIT is nearing the modern world towards the backward population, therefore, preparing the local shop owners for the future. 

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