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Fincare Small Finance Bank launches Digital Banking Unit – 101 HUB

By Leandra Monteiro

August 18, 2022

  • 101 HUB
  • Digital Banking Unit
  • Digital Transformation
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Fincare Small Finance BankFor providing seamless digital banking experience to customers, RBI has introduced the concept of Digital Banking Unit. This is to enable users to avail self-assisted banking services. Prime Minister Mr. Narender Modi virtually inaugurated 75 Digital banking Units on 15th Aug 2022, across India, to commemorate 75 years of Independence.

Fincare Small Finance Bank launched 2 Digital Banking units (DBUs) at Gandhinagar in Gujrat and Tirupati in Andhra Pradesh as a part of this initiative. The digital banking units are equipped to provide hassle-free services to customers for opening accounts, using internet banking and video banking. Customers can connect for video KYC and resolve any account related grievances at these DBU. 24X7 cash deposit and withdrawal facility will also be available here.

Talking about the new proposition, Rajeev Yadav, Chief Operating Officer – MD & CEO, Fincare Small Finance Bank said, “Fincare Bank has always been at the forefront of using innovative technologies to simply the lives of customers, with the launch of Digital Banking Units our endeavor is to further the progress of Digital Banking in the Country”.

Fincare Small Finance Bank is a new-age bank with a Digital-first DNA. It offers its modern banking services through banking outlets, ATM, WhatsApp, Mobile and Internet Banking and BOTs. Fincare Small Finance Bank aims to transform banking for its customers through simple products, automated processes and instant decisions and transactions.

Powered by technology, Fincare SFB, on the one hand, caters to the banking needs of micro-entrepreneurs as well as micro-enterprises, enabling their financial inclusion, and on the other hand, provides modern and innovative banking services to the digitally-savvy, metro, and urban customers.

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