24
Oct
Ujjivan Small Finance Bank’s Hello Ujjivan mobile app has facilitated over ₹690 crore in financial transactions, marking a significant milestone in digital banking for first-time users. Specifically designed for microbanking customers, 98% of whom are women, the app has enabled ₹277 crore in loan repayments, ₹358 crore in deposits, ₹34 crore in individual loan disbursements, and facilitated over 36,000 Hospicare insurance purchases worth ₹2.4 crore. More than five lakh loan acknowledgements have been completed digitally, reducing the need for in-branch visits. Launched as “India’s first voice-visual-vernacular mobile banking app,” Hello Ujjivan operates in 11 Indian languages, including Assamese, Hindi, Bengali,…
