Out of the 75 Digital Banking Units (DBU) launched by Prime Minister Narendra Modi on Sunday in 75 districts across the country, eight DBUs are of the Bank of Baroda.
Executive Director of Bank of Baroda Ajay Kumar Khurana and other senior officers participated in the event, an official communication said.
All the services at the DBUs will be offered in a digital, paperless and completely secure mode. The services will be provided in two modes -- Self-Service Zone and Digital Assistance Zone. This will be available 24x7, 365 days a year.
The services include cash withdrawals and deposits, account opening, opening of Fixed Deposit/Recurring Deposit, availing Digital Loans, Passbook printing, balance enquiry, fund transfer and a host of other services.
Sanjiv Chadha, Managing Director and CEO, Bank of Baroda, said: “In line with the government’s vision for a Digital India, the DBUs will help more people access digital banking products, services conveniently and securely. It will play a key role in promoting financial literacy and financial inclusion in a digital manner.”