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IDBI Bank launches 'IDBI Express' for branchless banking

India Blooms News Service | | Jun 14, 2016, at 02:25 am

#IDBI Bank #IDBI Express #Branchless banking #Jayant Sinha

New Delhi Jun 13 (IBNS): IDBI Bank has launched 'IDBI Express', a banking solution, enabling customers to bank at their chosen time and place beyond banking hours, without having to visit the Bank branch.

Minster of State for Finance Jayant Sinha launched the initiative in New Delhi.

‘IDBI Express’ assists customers to transact, transfer and use payment services.

The highlight of ‘IDBI Express’ is its ability to offer other services like Jan Suraksha Schemes, Aadhaar, RuPay based transactions, Mudra, Stand Up India, Startup India facilities besides utility services and much more.

Speaking on the occasion, Jayant Sinha said, “IDBI Bank’s innovative initiative to make banking accessible to the masses is aligned with the financial inclusion efforts emphasized by our Hon’ble Prime Minister. IDBI Bank’s revolutionary efforts for ensuring last mile reach through IDBI Express powered by technology is a very praiseworthy initiative.”

Speaking on the occasion, Kishor Kharat, MD & CEO, IDBI Bank said, “IDBI Bank is transforming today in various facets of banking. This landmark initiative of IDBI Bank is an endeavor to expand our footprint and bring banking to the masses with superior services, accessibility and convenience. ‘IDBI Express’ will act as an assisted touch point of the Bank by reaching out to the customers beyond the normal banking hours thereby enhancing the ease of banking.”

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