Bank of India in alliance with K-fintech has launched its UPI-enabled digital platform for the enrollment of National Pension System (NPS).
The move is said to help customers in an easy and smooth account opening process. They can simply scan the QR code and get their NPS account functional. Also, new subscribers will find it convenient to make any additional contributions.
The members present in the inauguration ceremony include Supratim Bandhyopadhyay, Chairman, Pension Fund Regulatory and Development Authority (PFRDA), AK Das (MD and CEO) Bank of India, Swarup Dasgupta, M Karthikeyan, and Monika Kalia. Other attendees included AG Das, Executive Director, PFRDA and Mono Phukon, CGM, PFRDA along with DS Shekhawat, General Manager, Government Business Department, BOI, and Mukesh Sharma, ZM, New Delhi, BOI, along with the K-fintech team.
Interacting with the media, Bandyopadhyay said, “We are extremely joyful in announcing that Bank of India has launched its digital mode in partnership with K-fintech for new NPS registration. I firmly believe this digital initiative will surely supplement our endeavour and help us realise our vision of a pensioned society.”
AK Das, MD and CEO of Bank Of India, said, “The NPS scheme has embedded in it a huge potential. It will immensely benefit subscribers to enhance and secure their future. Leveraging our technological association with K-fintech, We have made the NPS subscription process easy, fast, and hassle-free for the customers. This will provide fresh impetus in encouraging and expanding NPS accounts.”