For the last few years, we have seen rapid progress in the digitalization process of banking in India. Digital banking made people’s lives easier in many aspects. Making things further easier for people, the Government of India dedicated 75 Digital Banking Units (DBUs) in as many districts across the country to celebrate 75 years of India’s independence.
As a part of this initiative, one of the leading banking firms in India, Bank of Baroda, opened 8 DBUs across the country. These DBUs are located in Varanasi, Vadodara, Indore, Karauli, Kanpur Dehat, Kota, Leh, and Silvassa. All transactions made by DBUs will be digital, paperless, and entirely secure.
These DBUs will offer services in two modes – a self-service zone and a digital assistant zone. The self-service zone would be accessible 365 days a year, around-the-clock. These zones will offer a wide range of services like fund transfers, account opening, fixed deposit and recurring deposit opening, digital loan availment, passbook printing, balance inquiries, and cash withdrawals and deposits.
On the other side, the digital assistant zone will be providing banking services to customers with the help of a virtual assistant. More such Digital Banking Units will be inaugurated across various cities, towns and villages across the country in the coming days.
