Nearbank

Prepaid Recharges

Nearbank has developed a unique multirecharge business platform that brings together a variety of prepaid mobile, DTH operators. We support API mode recharge because we want to serve a large customer base with different requirements. Although our API-based recharge service is faster.

Nearbank not only provides you with easy access, we also ensure fast transactions. We can complete prepaid mobile recharge in less than 10 seconds. You can instantly recharge your mobile and get an attractive commission on every transaction.

Bill Payments : BBPS

Bill Payments is RBI essential system that provides an integrated, interoperable invoice payment service to customers from all regions, with transaction certainty, reliability and security. It provides customers with bill payment services through an agent network or online, enables multiple payment modes, and provides instant confirmation via

Online Utility Bill Payment Business is a profitable business for small entrepreneurs and shop owners to add extra income. As India is moving towards digital transactions so making online payments is profitable business as water bill, electricity bill, gas bill, postpaid bill, internet bill etc. become online.

Travel & Stay

We take pride in operating our business in a professional and responsible manner. Our travel agents are inspired and guided by our basics that allow us to satisfy a large number of customers. We have created a niche in the travel market that gives us an important position between our suppliers and customers. We believe that travel is an experience in itself. Therefore, it must be easy and hassle-free.

FasTag

FasTag is a reloadable label that automatically deducts tolls and allows vehicles to pass through toll booths without stopping payments. It uses radio frequency identification (RFID) technology to make cashless payments through prepaid accounts associated with it.

The tag is attached to the windshield of the vehicle, and the RFID antenna in the awning of the toll booth scans the QR code and the tag identification number and then lifts the cantilever barrier to allow the vehicle to pass.

Safegold

Safegold is a transparent and organized digital way to purchase, sell and receive vaulted gold. It is a product of Digital Gold India Private Limited, an institutionally owned organisation committed to improve transparency and efficiency of gold market using technology.

Safegold allows you to purchase the yellow metal in small denominations with amount as low as Rs.10. You can buy and sell gold online as much as you desire round the clock at live prices which are completely transparent to the bullion market. As far as the quality of gold is concerned, be assured that you will get nothing but the best quality 24k pure gold with your every purchase.

Insurance

Insurance is a mutual contract that a person buys from an insurance company by paying premiums to the insurance company on a yearly, monthly or quarterly basis. In return, the insurance company protects the buyer or policyholder against future losses or risks.

In addition to individuals, both public and private organizations can purchase insurance to protect their employees. It is basically a form of risk management

MicroATM

Micro/Mini ATM Machine | Cash @PoS

Nearbank's vision is to build an extensive public banking infrastructure that not only provides quality banking services, but also is available to ordinary citizens in urban and rural India.

Supplementary Branch Outreach is a Micro/Mini ATM network that provides convenient banking services to citizens. All in all, this is one of Nearbank's missions to bridge the gap between the availability and accessibility of ordinary citizens providing simple banking services.

PAN Card Center

Nearbank acts as the unified platform for all services related to the application of the PAN card and all other procedures, at all. Permanent Account Number (PAN), the ten-digit number issued in the form of a laminated card by the Income Tax Department in India, counts as one of the most important document as the unique identification number allotted to each taxpayer of the country. Tax Information Network (TIN) is a contemporary system for collecting, processing, monitoring and accounting of direct taxes.

Cash Management Service

The 'Digital India' is a great initiative to revolutionize conventional methods and integrate digital technology. It is enabling banks to provide solutions to corporate, which is triggering cashless mode of transaction. This has provided an unprecedented opportunity for corporate to digitizing their financial transactions and benchmark treasury management with the best-in-class practices.

The state-of-the-art Nearbank Cash Management Services is leveraging on this opportunity by bringing the benefits of this digital integration to its Corporate and customers. The product aims at creating a digital eco-system for the customers through a seamlessly connectivity with their customers, suppliers, employees, and revenue departments for the exchange of financial information and transactions.

Domestic money transfer

We understand the challenges that a common man faces to send money to their family and friends & that’s why we always strive to provide an unparalleled banking experience through our simple remittance service that is easily accessible anytime from your nearest Nearbank outlet.

Customers don’t need to travel long distances to go to bank branches, stand in long queues, and fill complicated forms to avail basic banking services. To address this, Nearbank integrates with major banks in India and leverages its platform to empower it’s retailers to provide domestic money remittance or cash deposit service in customer's bank account instantly 24X7. Our secure, immediate and easy domestic service allows you to send money to any bank account in India. We provides the best money transfer services in India.

Aadhaar enabled Payment

Aadhaar enabled Payment System (AEPS) is a secured payment method provided by the National Payments Corporation of India (NPCI) that allows aadhaar linked bank account holders to avail basic banking services such as balance inquiry & cash withdrawal. Customers simply need to tell Nearbank Retailer their 12-digit aadhaar number and aadhaar linked Bank name. Fingerprint authorisation is done using a biometric device to avail the service.

Aadhar enabled payment system is a bank led model which allows online interoperable financial transaction at PoS (Point of Sale / Micro ATM) through the Business Correspondent (BC)/Bank Mitra of any bank using the aadhaar authentication.

Prepaid Cards

Use Nearbank prepaid card for things you pay in cash. Whether you want to shop online, pay bills or manage your expenses more effectively, prepaid cards will give you a Simple, Secure and easy way to use and manage your money. The card is similar to a debit card, the only difference is that there is a prepaid balance that is associated with this card as against the savings balance in a debit card. The card can be activated instantly by providing basic details of the user and on submission of complete KYC details the card limits are enhanced. The user can transact up to Rs. 2 lakh in a year and 1 Lakh per month on instant issue of card with minimum KYC. While on completion of full KYC(biometric Aadhaar KYC) the user limit is enhanced to Rs. 10 lakh in a year and Rs. 2 Lakh per month. Card holding limit is Rs. 1,00,000/- at any point in time as prescribed by the Reserve Bank of India (RBI). We offer reloadable prepaid cards and the same can be loaded via Nearbank Outlets by giving money to the outlet operator. Nearbank agents can offer these cards to their customers and earn commission on card loads.