Vakrangee renews agreement with Indian Bank
2nd Sep 2021

Vakrangee has renewed its agreement with the Indian Bank to provide BC banking and end to end Financial Inclusion (FI) services for ‘Pan India’ at Vakrangee Kendra outlets. Vakrangee has emerged as one of the leading Financial Inclusion player with more than 13,000 Banking BC points and 4th Largest ATM operator in Rural India with more than 5,400+ ATMs.

The Company is well on track to increase the operational NextGen store footprint from current 11,900 to 25,000 stores by March 2022. This renewal with Indian Bank would ensure sustainable growth and activation of Banking BC point services at all Kendras across the country. Vakrangee will be now able to provide banking services to all its franchisees across India, further strengthening the financial inclusion drive in the country.

Vakrangee is the unique technology driven company focused on building India's largest network of last mile retail outlets to deliver real time banking & Financial Services, ATM, insurance, e-governance, ecommerce and logistics services to the un-served rural, semi-urban and urban markets.