Bank of India in partnership with K-fintech launches UPI-backed digital platform for NPS


Bank of India, in alliance with K-fintech, has launched its UPI-enabled digital platform for National Pension System (NPS) registration.

This decision is supposed to help customers in an easy and smooth account opening process. They can simply scan the QR code and make their NPS account functional. Additionally, new subscribers will find it convenient to make additional contributions.

Members present at the inauguration ceremony include Supratim Bandhyopadhyay, Chairman of Pension Funds Regulatory and Development Authority (PFRDA), AK Das (MD and CEO) Bank of India, Swarup Dasgupta, M Karthikeyan and Monika Kalia. Other participants included AG Das, Executive Director, PFRDA and Mono Phukon, CGM, PFRDA, as well as DS Shekhawat, Managing Director, Government Business Department, BOI, and Mukesh Sharma, ZM, New Delhi, BOI, as well as the team K-fintech.

Interacting with the media, Bandyopadhyay said, “We are extremely happy to announce that Bank of India has launched its digital mode in partnership with K-fintech for a new NPS registration. I firmly believe that this digital initiative will surely complement our efforts and help us achieve our vision of a retired society. »

AK Das, MD and CEO of Bank Of India, said, “The NPS system has embedded enormous potential. This will greatly benefit the subscribers to improve and secure their future. Leveraging our technology association with K-fintech, we have made the NPS subscription process simple, fast and hassle-free for customers. This will provide further impetus to encourage and grow NPS accounts.

Read also : Bank of India and National Banking Group West-I organize customer outreach program in Mumbai

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