Indian Bank Introduces Digital Initiatives

By Consultants Review Team Saturday, 30 September 2023

publicPublic sector lender Indian Bank has launched a number of digital efforts to better serve its clients, including providing loans to micro, small, and medium-sized businesses up to Rs 25 crore. The city-based bank's Project WAVE effort has overhauled crucial banking procedures and launched a "home loan takeover" to provide consumers with the best pricing, in addition to numerous other benefits.

Indian Bank, in a press release, said it has partnered with India Post to offer National Savings Certificates, the Centre's savings bond, used for small savings by customers, through its various branches.

The bank under its mobile application, IndOASIS, has introduced various features including the facility to book flights, hotels and buses. The debit cards offered by the bank can also be used as travel cards in Metro rail or buses wherever the National Common Mobility Card facility is available, the release said.

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