Jana SFB rolls out UPI QR-based loan instalment payment facility

Jana Small Finance Bank has rolled out a Unified Payments Interface (UPI) QR-based loan installment payment facility along with National Payment Corporation of India (NPCI) for its customers. Initially the UPI QR-based loan installment payment facility will be only available to over 40 lakh customers of the Jana Small Finance Bank.

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The UPI QR-based loan installment payment facility will enable the customers of the small finance bank to generate UPI QR code for their loan account as well as to make instalment payments instantly with the help of any of the UPI applications.

Important takeaways for all competitive exams:

  • Managing Director and CEO of Jana SFB: Ajay Kanwal.
  • MD & CEO of National Payments Corporation of India: Dilip Asbe.

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