Axis Bank and PayNearby partner to launch Savings and Current Bank accounts

Axis Bank, India’s third largest private sector bank has partnered with PayNearby,

India’s largest branchless banking and digital service network, to offer  seamless opening of savings and current bank accounts for both last  mile retailers and customers.

Enabled by Aadhaar led authentication (eKYC)

the opening of these bank accounts at a nearby local store will ensure  easy access, greater convenience and a hassle-free process for customers

This initiative will enable Axis Bank to leverage PayNearby’s  tech-backed Distribution-asa-Service (DaaS) network of 50+ lakh  micro-entrepreneurs across 20,000+ PIN codes

This initiative will enable Axis Bank to leverage PayNearby’s  tech-backed Distribution-asa-Service (DaaS) network of 50+ lakh  micro-entrepreneurs across 20,000+ PIN codes