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BANKIT is Preparing Local Shop Owners for the Future

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Bankit Services

 India is one of the fastest-growing economies in the world. However, out of 100% population, 70% population still struggles to get seamless availability of banking and financial services. The lack of bank branches/ATMs in rural and semi-urban areas could not fulfil the needs of the gigantic population of India.

People who are unbanked, migrants and labourers suffer from a lack of banking and financial services, and the accessibility to these services is way too far from their reach. Hence, the necessity of removing digital illiteracy and making neighborhood stores provide 24/7 banking, financial and payment services to the needy people gave way to BANKIT.

BANKIT offers money transfer services like Domestic Money Transfer (DMT), cash withdrawal services like Aadhaar Enabled Payment System (AePS) and Mini ATM, one-stop bill payment services like Utility Bill Payments, Prepaid Recharges, Travel and Stay Bookings, payment services like Prepaid Cards, FASTag, Cash Management Services, Aadhaar Pay, etc.

Now how does BANKIT impart these services? BANKIT onboards retailers/distributors in every part of India, equip them with the latest technology so that they can provide their customers with all the services conveniently. BANKIT enables local shop owners to provide hassle-free banking and financial services at people’s doorsteps, especially where people don’t have direct access to such services.


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