Banking in India has evolved very much in the past few decades. Customer orientation has become very important for all the banks. Many public sector banks are giving tough competition to private sector banks to please the customers by launching new products and services. Andhra bank is one such bank which is aggressively making its mark in the banking sector by offering superior customer service.
To know more about the services offered by the banks and to know the nearest brand office one can try using different keywords like Andhra bank IFSC code. The customers of Andhra bank will soon be able to enjoy the convenience of paying their utility bills through online banking without many hassles. Andhra bank- Bharat bill payment service will ensure it. RBI has given approval to Andhra bank to provide these service to its customers. It will be launched in just a few months.
In this cut throat competition it is necessary for banks to create a ‘Wow’ factor for customers. If not, then they will find it difficult to survive in the market. With more than 2000 branches, Andhra bank has the full potential to become the people’s most preferred bank. To compete strongly with other domestic and foreign players.
The customers of the bank will also benefit from transfering money through their cell phones. The bank has also come out with a payment interface. This initiative was under the ‘JandhanAadhar Mobile’ initiative. This will be a unique feature for the customers. These initiatives will make the bank more competitive in the long run.
The project will have a pilot run in one district and then the outcome will be determined. Through this service people will be able to pay their electricity bills, phone bill etc automatically. One just has to give standard instructions to banks regarding payment of utility bills. There are many other banks who are offering such kind of service.
With the ‘Digital India’ initiative by launched by government, lots of banks are now trying to focus more on technology front. So this is one step taken by Andhra bank towards technology. There will be further more initiatives taken by the bank to improve the customer service. A day will come when people will be sending and receiving through mobile phones. There are ambitious plans of bringing close to 1.2 billion people towards digital banking and this is very much possible.
It is going to be a tough task but government is taking some baby steps by undertaking small initiatives. The Aadhar card document will play a crucial role in this digitization process. In future there are plans to link all banking transactions with Aadhar card. More than 200 million people have never been to bank and many accounts have zero balance. So government has to launch the type of initiatives undertaken by banks such as ‘Andhra bank’ to make the people do banking transaction.
So now just search for ‘Andhra bank IFSC code’ to get the details of your nearest branch to open an account.