In the previous two years, BANKIT, one of India’s premier fintech start-ups, has achieved several milestones through its flagship Agent programme. The fintech company added 34,911 agents in FY 2021-22 and 30363 agents in FY 2020-21, demonstrating its impressive growth trajectory.
The cities with the most traction was Delhi NCR, Hyderabad, Mumbai, and Gopalganj and Siwan in Bihar. Furthermore, women account for approximately 6-7 percent of the whole BANKIT Agent programme. The corporation is now planning to enrol 1,00,000 agents in FY-2022-23, inspired by the program’s success.
Modernisation, digitalization, core banking services – digital literacy – and financial inclusion remain a struggle for over half of the population. As a result, BANKIT bridges the gap between financial services and technologically disadvantaged customers/migrants. Its goal is to eliminate digital illiteracy among individuals in rural, semi-rural, and urban regions by providing creative, convenient, and simple access to fundamental financial and banking services.
Speaking on the achievement, Amit Nigam, Executive Director and COO, BANKIT, said, “We are delighted to have clocked such noteworthy milestones during the last two years under our flagship BANKIT Agent program. At BANKIT, we provide best-in-class fintech solutions that can sufficiently address the various requirements of our customers. We are confident that the upcoming fiscal year will prove even more glorious as far as the Agent program is concerned as we continue to add one milestone after another.”