Nearbank is Business Correspondent to various Banks. This results in fast, simple and secure transactions. Nearbank's one-stop-outlets provide instant and hassle free service delivery for Banking financial services like Domestic Money Transfer, AePS, mATM (Debit card Cash Withdrawal) and Prepaid cards and various value added services like Prepaid Recharges, Bill payments, Travel & Stay bookings, CMS, Insurance etc. Nearbank is also a provider of payment solutions that are simple and secure, and are delivered via desktop systems, laptops, smart-phones or tablets.

A large population in India is still not a part of digital economy and banking system. Digital literacy is far from 100% in India and a major chunk of the population is still not self-serviced for basic banking and financial needs. Lack of ATMs and bank branch in rural and semi urban areas is still a concern which hampers financial inclusion. We are trying to bridge this digital divide across urban and rural areas and to offer digital financial and non-financial services to masses via assisted B2B2C agent outlets. 

In order to serve the under digital and under banked population in India, we have prepared an assisted agent led model which works to offer digital and financial services to the last mile. Banking and financial services along many value added services are available for end customers through Nearbank channel partners in their neighborhood. Services like Domestic Money transfer, Cash Withdrawal, Prepaid Cards, Recharges, Bill Payments, Travel Bookings etc. are made available 24X7 through our proprietary web and mobile applications. These applications are made user friendly as per the needs of the target users and are built using the state of the art technology to make the transactions secure and instant.