FINO PAYMENT BANK is one of India's largest business correspondents, providing vital financial services across the country. We serve over 50 million people in 550 districts, across 26 states and 4 union territories, and facilitate transactions worth INR 100 billion and handle 130 million transactions annually. Our reach, extensive experience, and innovative solutions make us a trusted partner in financial inclusion.
What We Do
Aadhar-based Account Opening: Offering both Saving and Current Accounts through Aadhar authentication.
Cash Withdrawal and Deposit Services: Enabling customers to withdraw and deposit cash from any bank.
AEPS & Micro ATM: Facilitating Aadhaar-enabled Payment Services (AEPS) and providing micro-ATM solutions for seamless banking.
IMPS and Remittances: Offering Immediate Payment Service (IMPS) and remittance services for quick money transfers.
Physical and e-KYC Solutions: Enabling customer sourcing through physical and electronic Know Your Customer (e-KYC) procedures.
Doorstep and Physical KYC: We offer both doorstep and in-branch KYC solutions for customer enrollment.
Lead Closing & Customer Enrollment: Assisting in closing leads and enrolling customers for our financial services.
Call Centre Solutions: A dedicated 40-seater call center for customer support and service.
Why Partner with FINO PAYMENTS BANK?
We are looking for business partners who share our vision to make banking accessible to every corner of the country. As a FINO PAYMENTS BANK franchise, you will be part of a transformative movement that aims to bring financial services to every individual, from rural areas to urban spaces.
Franchise Opportunity
As a franchise partner, you will benefit from:
Established Brand: Leverage the trust and recognition of FINO PAYMENTS BANK.
Extensive Support: Receive technology, operational training, and marketing support.
Proven Model: Join a business with a successful and scalable model, backed by years of experience.
Financial Inclusion: Play a crucial role in improving financial accessibility for millions across India.
We invite motivated individuals or businesses who are passionate about financial inclusion and customer service to join us in making banking services available to all, no matter their location.
Be a part of our mission – Gully Gully Bank!
If you're interested in a rewarding franchise opportunity with FINO PAYMENTS BANK, we encourage you to contact us and become part of our national expansion.
FINO PAYMENT BANK Details
Company Started On 2009
Franchise Started On 2017
FINO PAYMENT BANK Franchise Cost & Investment
Franchise Brand Fee 10000
Exclusive Territorial Rights Yes
Pay Back Period 1-2 Years
FINO PAYMENT BANK Available Regions
North Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
South Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
East Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West Gujarat, Rajasthan, Maharashtra, Goa
Central Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
FINO PAYMENT BANK Dealership Contract Specifications
Standard Agreement Yes
Agreement Duration Lifetime
Renewal Option Yes
FINO PAYMENT BANK Outlet Space Requirements
Property Type Domestic
Floor Space 50 - 100 Sq.ft
FINO PAYMENT BANK Dealership Training and Support
Operations Manuals Yes
Training Venue Online and Through Assigned Relationship Manager
On-Site Support Yes
Head Office Guidance Yes
IT Systems Provided Yes
Frequently Asked Questions
The minimum investment needed to start a Fino Payment Bank franchise is Rs. 10,000.
The maximum investment needed to start a Fino Payment Bank franchise is Rs. 50,000.
The area required to start a Fino Payment Bank franchise outlet is between 50 to 100 square feet.
Fino Payment Bank has currently established between 100 to 200 franchise outlets across India.
Yes, Fino Payment Bank can be a good franchise opportunity for small investors in India, given the relatively low minimum investment requirement of Rs. 10,000.
As a Fino Payment Bank franchisee, you can expect support in terms of training, marketing, and operational guidance to help you successfully run your franchise outlet.
Yes, Fino Payment Bank franchise outlets can be started in rural or semi-urban areas in India, making it a viable opportunity for entrepreneurs in these regions.
To apply for a Fino Payment Bank franchise in India, you can visit the official website of Fino Payment Bank or contact their franchise team directly to inquire about the application process and requirements.
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