Banking and Financial Inclusion

Access essential banking and financial services through your nearest 1 Stop Aksh kiosk. We help make banking, money transfer and digital payment services more convenient and accessible, bringing reliable financial solutions closer to communities.

NTF

Banking & Financial Inclusion

Financial Inclusion

What is Financial Inclusion?

  • Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to disadvantaged and low-income segments of society.
  • The availability of banking and payment services to the entire population without discrimination is the prime objective of public policy.
Objective

Objective

  • To reform and institutionalise direct benefit delivery mechanisms for government programmes.
  • To transfer all cash benefits directly to the bank accounts of beneficiaries of the state.
  • To provide non-cash benefits directly into the hands of beneficiaries using Aadhaar-enabled biometric authentication.
  • To make banking services available near doorsteps of residents through business correspondents.
Operational Startup

Operational Startup

  • Open OD account (overdraft account) in mapped link branch of Bank of Baroda.
  • Generate your KO code.
  • Arrange single fingerprint device.
  • Register KO code with concerned technical support.
  • Commence operational services.
Investment & Earning

Investment & Earning Structure

Kiosk commission details and activation requirements
Single Finger Scanner (incl. KO Activation) Rs. 7,000/-
OD Account Minimum Limit Rs. 10,000/- min
Name of Service Kiosk Commission
Revenue Support Rs. 3,500 For 6 Months (When 100 Transactions/Month)
New A/C Opening Rs. 16
Recurring Deposit Opening (Per Account) Rs. 4
Fixed Deposit (Per Account) Rs. 4
Remittance & Fund Transfer (Per Transaction) Rs. 8
Cash Handling Charges 0.3200%
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