Fino Payments Bank has tied up with Protean eGov Technologies (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen centric and population scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.
The association makes Fino the first payments bank to act as PAN Service Agency (PSA) of Protean and facilitate paperless PAN issuance services. The tie-up allows Protean to expand its reach in the interiors of the country through Fino Bank’s phygital network of over 12.2 lakh merchant points.
At Fino Bank points people can apply for PAN card through Aadhaar based authentication, without the need to submit or upload any documents.
Further, applicants have the option to choose PAN card either in digital or physical form. The digital version or e-PAN, introduced recently, will be sent within a few hours of applying to the applicant’s email id. It is admissible as actual PAN card. Those opting for physical will receive their PAN cards at their Aadhaar mentioned address within 4-5 working days.
Mr. Rishi Gupta, MD & CEO, Fino Payments Bank said, “The association is a reiteration of our commitment to provide all financial-related services under one roof. Our extensive pan India distribution network is best placed to provide efficient near-doorstep delivery of G2C services. We are already facilitating the disbursal of direct benefit transfer payments of various Government schemes and providing last-mile access to banking services. We are pleased to partner with Protean towards their efforts to expand PAN coverage across the country and ensure our objective of making every citizen financially secure is achieved.”
