BLS International selected as National Business Correspondent for SBI

BLS International shall deliver last mile banking services to support the financial inclusion mission of Government of India.

Sep 21, 2021 01:09 IST India Infoline News Service

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BLS International Services Ltd has been selected as National Business Correspondent for India’s largest bank, State Bank of India to deliver banking services in urban, semi-urban and rural areas across the country.

BLS International shall deliver last mile banking services to support the financial inclusion mission of Government of India.

BLS will soon provide banking services on behalf of State Bank of India like savings bank deposits, fixed deposit, recurring deposit, remittances, micro pension, micro insurance, account open with e-KYC, AEPS mini statement, passbook printing for SBI account holders spread across India.

Commenting on this, Shikhar Aggarwal, Joint Managing Director, BLS International, said, “This partnership with State Bank of India will support government’s initiative to deliver last mile banking services to the tier2 & tier3 cities. It will strengthen our reach in the southern, eastern and western parts of India while we already have an extensive network in northern India. This is a testimony to our commitment to serve the unserved and underserved population of India.”

It is noted that State Bank of India is one of the largest banking networks of India with extensive reach in urban & rural areas of the country.

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