Categories: Banking

Fino Payments Bank launches “Jan BachatKhata”

Fino Payments Bank has launched Jan BachatKhata (JBK), which is an Aadhaar Authentication based digital savings account that brings neo-banking experience to consumers.

Under the JBK, customers can transact at a Fino branch or merchant point with fingerprint and OTP combination, while at non-Fino points they need Aadhaar authentication. Earlier, Fino Payments Bank had introduced Shubh and Bhavishya, subscription-based savings accounts targeted at specific customer segments.

WARRIOR 3.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

About Neo-Bank:

A bank without any branches. A bank that is entirely online rather than being physical. Neo banking provides complete digital banking experience through mobile applications.

Important takeaways for all competitive exams:

  • Chairman of Fino Payments Bank: Prof Mahendra Kumar Chouhan.
  • Fino Payments Bank established: 13 July 2006.
  • MD & CEO of Fino Payments Bank: Rishi Gupta.
  • Headquarters of Fino Payments Bank: Mumbai, Maharashtra.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Crop is known as the White Gold of India?

India is an agricultural country where many crops are grown for food, trade, and industry.…

4 hours ago

Top-10 Countries with the Least Arable Land, Check the List

Land is essential for growing food, but not every country has enough suitable land for…

5 hours ago

Parliament Approves Sabka Bima Sabki Raksha Insurance Amendment Bill: 7 Major Updates

The Insurance Amendment Bill 202 officially titled the Sabka Bima Sabki Raksha (Amendment of Insurance…

5 hours ago

HarperCollins India to Publish Mohar Basu’s Book on Salman Khan

HarperCollins Publishers India has announced the publication of a new book which is titled as…

5 hours ago

What is the State Bird of Andhra Pradesh?

Andhra Pradesh is a beautiful state in southern India, known for its rich culture, history…

6 hours ago

Which City of Afghanistan is Known as Fruit Basket?

Afghanistan is known for its rich agricultural lands and diverse fruit production. The country's warm…

6 hours ago