Jana Small Finance Bank launches Jana Bankable Debit Card | SupportBiz


Jana Small Finance Bank launches Jana Bankable Debit Card

Jana Small Finance Bank launches Jana Bankable Debit Card
Jana Small Finance Bank, in association with the Board of Control for Cricket in India (BCCI), launched its Jana Bankable Debit Card and partnered with SME and big brands for deals and offer in online shopping.

Jana Small Finance Bank is the official sponsor of BCCI for all the cricket matches that are played in India. This card is designed for cricket fans who like deals and offers on online shopping, gym membership, health & wellness products, food delivery, music and travel. With plethora of benefits and Indian cricketers’ images on the card, this Debit Card is the first-of-its-kind debit card from Jana Small Finance Bank. The customer can avail offers on top brands like Snap Fitness, Snapdeal, Gaana.com, IXIGO, Myntra, Crocs, Puma and GrowFit.

Jana Small Finance Bank, erstwhile Janalakshmi Financial Services, is headquartered in Bengaluru. It is one of the 10 financial institutions which had received in-principal approval from RBI for setting up a Small Finance Bank in 2015.

Established in India's Silicon Valley in 2008, it was the largest Micro Finance Institution (MFI) in India, and was recognized globally as one of the world’s innovative financial institutions working on the problem of financial inclusion. Jana Small Finance Bank received final banking license in April 2017 and started banking operations on March 28, 2018. Under the leadership of its MD & CEO, Ajay Kanwal, Jana Small Finance Bank’s vision is to become the leading inclusive digitized bank serving all customer segments and communities of an aspirational India.

Currently, post transition phase, the bank is enabling its existing 45 lakh customers across 19 states in India to access the banking services. By 2020, the bank aspires to add four million customers. The bank has deep domain expertise in banking and financial services with the senior management team having 25+ years of average experience in banking sector. Its current employee strength is of 15,000.

By end of 2019, Jana Small Finance Bank’s 500 branches will be operational in 19 states, post conversion of majority of its micro finance storefronts into bank branches.

Currently, among other benefits, Jana Small Finance Bank is offering interest rate of 8.5% and 9.1% for senior citizens on Fixed Deposit on tenor of 181 days to 5 years. Besides, the bank is offering 9% interest rate on Fixed Deposit with no premature withdrawal on a tenor of more than one year and up to 3 years.