Benefits of Digital Banking Units

• Digital Banking Units can be operate in different states, Union Territories, and remote locations and will be financially inclusive of such regions and individuals.
• Our Advanced digital banking units enable remittance transaction anywhere which reduce the cost of remittance transaction and no middle man cost.
• Our DBU’s also have the capability to have the money changing or money remittance features  DBUs will make banking products and services easily accessible and cost-effective.
• Those who lack an ICT (Information and Communications Technology) infrastructure will be able to access banking services online.
• DBU outlets will help non-tech savvy people avail banking services digitally.
• It will educate people about digital financial literacy.
• People will also get to know about cyber security awareness and safeguards.

DBU Enabled Services

• Opening Savings Account
• Trade finance services
• Remittance or money transfer services
• Money changing or money exchange services
• Cash deposit and withdrawal
• Check Balance
• Print Passbook
• Funds Transfer
• Fixed Deposit Investments
• Providing Loan applications
• Digital kits for customers
• Stop-payment instructions for issued cheques
• Credit/Debit cards applications
• View account statement
• Pay taxes online
• Pay bills online
• Make nominations
• Mass transit systems cards
• UPI QR codes
• DBUs will help you onboard with Government credit link schemes via Jan Samarth Portal.
• The entire process of digital processing of small ticket MSME/retail loans will be taken care of by Digital Banking Units.