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Bandhan Bank Retail Assets are Onboarded by NBBL on Bharat Connect for Smooth Loan Repayments

  • Writer: KRISHNENDU KUNDU
    KRISHNENDU KUNDU
  • Oct 6
  • 2 min read

News Desk, News Nation 360 : Bandhan Bank's integration on Bharat Connect was announced by NPCI Bharat BillPay Ltd. (NBBL), a fully owned subsidiary of the National Payments Corporation of India (NPCI). Customers of Bandhan Bank can use this integration to pay back past-due EMIs on a variety of loan types, including personal, vehicle, and two-wheeler loans. The Bandhan Bank mobile app (mBandhan), Retail Internet Banking (RIB), or any of the more than 700 apps and websites provided by Bharat Connect are just a few of the digital channels that customers can use to repay EMIs. The integration reduces the possibility of missing deadlines and makes the process smooth, repeatable, and user-friendly. Additionally, it reaffirms Bandhan Bank's dedication to digital-first, customer-centric banking and advances India's financial inclusion objectives by utilising the Bharat Connect infrastructure. Commenting on the development, Noopur Chaturvedi, MD & CEO of NBBL, stated that their goal at NBBL is to make digital repayment options easy and available to both lenders and consumers. Through more than 700 applications and websites, as well as 5 million offline agents throughout India, their relationship with Bandhan Bank provides clients with an easy and reliable way to manage their EMIs and aids the lender in collecting payments. Through the use of digital public infrastructure, this partnership with Bandhan Bank advances its efforts to improve financial inclusion. For loan customers of Bandhan Bank, this increases the convenience of digital payback. By expanding the number of digital channels accessible for prompt loan repayment, the integration with Bharat Connect, a platform by NPCI Bharat BillPay Ltd. (NBBL), improves client convenience. In addition to supporting the Bank's continuous efforts to fortify its digital ecosystem, expedite collection procedures, and provide a smoother and user-friendly experience, the cooperation seeks to improve consumer convenience and accessibility in loan payback.



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