India Bank, The seventh largest public sector bank partnered with wisdom a digital wealth management Company to offer it’s customers comprehensive wealth management products and services.
- Under The partnership wealth products and services will be distributed through Indian bank’s network of 6,000 branches and it’s digital properties including the mobile banking applications and Internet banking portal.
- In the first phase of the partnership Indian bank customers are enabled to invest in essential financial products mutual funds(MF) of choice and the national Pension System through indian Bank’s indOASIS mobile banking application andit’s internet banking portal.
About india Bank :
Establishment – 1907
MD & CEO – Padmaja Chunduru
Headquarters – Chennai, Tamilnadu
Tagline – Your OWN Bank
Pay nearby India’s largest hyper local Fintech startup, in collaborations with indian first Life insurance Company Limited, launched first of its kind, a cost – effective 3-in -1 insurance solution named ‘ Poorna suraksha’ to safeguard its 15 + lakh Retail Partners during the COVID-19 and beyond .
key facts about Pooran suraksha
- The insurance solution, a part of pay nearby’s shop owners benefit program will provide coverage across all aspects a of insurance including life, Health and disability at Aaffordable premium.
- It offers a life cover of Rs 2 lakhs disability cover of Rs 1 lakh and hospital cash of Rs 15,000
- Cost – effective : The solution could be availed by retailers at a premium of just Rs 3 per Day, and an enrollment fee of Rs 111.
About Pay Nearby Technologies Pvt. Ltd ( Pay Near by) :
It is a Department for Promotion of industry and internal Trade ( DPIIT) certified Fintech Company registered under the Startup india program of the Government of india.
Establishment – April 2016
Headquarters- Mumbai, Maharashtra
Funder , MD& CEO – Anand kumar Bajaj