Vakrangee Limited (VL) has recently informed exchanges that the company renewed its agreement with Bank of Baroda (BOB) to continue offering Business Correspondent (BC) banking and comprehensive Financial Inclusion (FI) services across Pan India through its Vakrangee Kendra outlets.
With over 14,000 Banking BC points, Vakrangee has become a prominent player in driving financial inclusion nationwide. This renewed agreement ensures sustainable growth and enhanced access to banking services, benefiting customers in urban, semi-urban, and rural areas alike.
Vakrangee Kendra outlets will provide a wide array of banking services, including account opening, cash deposits, withdrawals, and balance inquiries. Additionally, customers can access social security schemes like PMSBY, PMJJBY, and APY, ensuring seamless last-mile connectivity.
This collaboration underscores Vakrangee’s commitment to bridging the financial gap and empowering communities with reliable, accessible banking solutions. The tie-up reinforces its role as a catalyst for digital and financial transformation across India.