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MoneyWorks4Me

IndusInd Bank ties-up with Vakrangee for BBPS

06 Oct 2017 Evaluate

IndusInd Bank has tied-up with Vakrangee (VL) for Bharat Bill Payment System (BBPS) platform to deliver wide range of bill payment services from Vakrangee Kendra outlets.

Vakrangee shall be part of Bharat Bill Payment System’s ecosystem, as National level partner, as Agent Institution (AI), to deliver nation-wide Electricity, Utility Bill Payments, DTH, Post-paid, Water Bills, Gas Bills along with Postpaid telecom bills from BSNL, MTNL, Vodafone, Airtel etc.

Vakrangee and IndusInd Bank have entered in national alliance to cater nation-wide unserved & underserved area across the country, for rendering Bill-payment services through BBPS unified and aggregated platform and world-class Payment interface based services. The bank shall act as Operating Unit for BBPS to channelize entire Technology interface and would offer more than 37 Biller’s secured payment service through Vakrangee Kendra network.



Peers
Company Name CMP
HDFC Bank 692.30
ICICI Bank 1394.00
Axis Bank 1214.70
Kotak Mahindra Bank 461.00
Indusind Bank 840.00
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