alexa

Search in Indianmoney's WealthPedia

User
How does payment bank work?

By IndianMoney , 6 months ago

Payment banks offer a certain set of services. These are: *Accept demand deposits *Domestic and international remittances *Bill payments *Wage payments *Provide insurance, pension products and mutual funds. *Issue debit cards, internet banking facilities. Services excluded: *Do not issue loans or credit cards *Do not accept NRI deposits *Do not provide non banking financial services

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.