AU Small Finance Bank launches Mobile Banking App and NetBanking Portal

The new launches are designed to encourage adoption beyond urban markets and tech savvy customers.

December 24, 2020 1:00 IST India Infoline News Service

AU Small Finance Bank (AU Bank) has launched its new Mobile Banking App and NetBanking Portal which is aimed at providing a superior and comprehensive digital experience to customers, the new platforms will offer over 100 services that cater to not only regular banking needs but also daily lifestyle requirements such as ticket booking, bill payments, tax payments, shopping offers and much more.

The SCB unveiled the AU Mobile App which is available on Play Store and App Store. Also, the AU Bank NetBanking portal is available across desktop & mobile browsers.

Some key features of the platforms are as follows:
  • Biometric log-in with fingerprint for enhanced security  Multiple fund transfers in just one transaction
  • Easy scheduling of fund transfers and automating bill payments
  • Quick opening of Term Deposits and management of Mutual Funds
  • Flights/Bus/Cab/Hotel tickets can be booked in a few clicks
  • ‘Scan & Pay’ that is compatible with all platforms and QR codes

Sanjay Agarwal, MD & CEO, AU Small Finance Bank, said, “Digital Banking has become so ubiquitous that it is no more an optional way of banking. This launch is an important milestone in our endeavour to make digitisation inclusive and strengthens our commitment towards ensuring that every customer gets access to the same financial products & services and has the same experience, irrespective of the geography and social strata they belong to. We are glad to present the new avatar of AU NetBanking and Mobile Banking, an amalgamation of simplicity, security and convenience that will cater to every banking and lifestyle need of our customers.”

Notably, AU Bank's new platform is powered by Tagit, a leading digital banking solutions provider. Tagit’s digital platform, Mobeix, will support the Bank’s digital vision to offer innovative solutions to its customers on a secure and scalable architecture.

According to AU Bank, the new NetBanking and Mobile Banking platforms use end-to-end multi-level security to ensure a safe experience for its customers. In addition to daily transactions, customers can apply for various products and services such as cheque book, locker facility, loans, etc. One can manage multiple accounts, their profile and contact information through the platforms. Customers can also pay direct taxes and apply for Initial Public Offerings.

At around 12.59 pm, AU Bank was trading at Rs861.45 per piece down 0.77% on Sensex. 

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