How is BankSathi bringing a difference in people’s lives?

BankSathi was founded a little over 2 years back and has grown exponentially since then. It was set up with a vision of promoting the role of financial advisors in the decision-making revolving around financial products like a savings account, Demat account, personal loans, etc.

India is a densely populated country with over 1.3 billion inhabitants. According to a survey, out of these 80 percent of citizens have bank accounts. The numbers are huge, but the distribution channels of financial products are extremely uneven. That’s where BankSathi comes in! It has built a distribution channel by making a financial advisors pool and aims at growing it even bigger.

The majority of the population transacts their daily expenses or dealings with some sort of financial product, but many of them are unaware and not that informed about the same.? We have been able to become one of the trusted platforms owing to our user-friendly application. Any person who wishes to become a financial advisor just needs to download our app, verify their aadhar card and pan card number and become a certified advisor. We understand that just becoming an advisor is not enough to generate income, so we also provide daily webinars to our advisors, to educate them about the products, guide them on who their potential customers are and how to approach them, and pitch products.

The advisors have to generate leads and on successful transactions, the handsome commission is deposited into their bank accounts. More than 4 lakh people, across the nation, have loved and adopted this simple, convenient and effective process into their lives, and are a part of our ever-growing family.

Our advisors come from different strata of society and all of them have experienced accelerated financial growth with no investment. Many of them have testified that they took and started it as a side hustle, but with time and earning generation they’ve become full-timers. It has helped many to stand on their feet and become financially independent.

We’re happy to inform you that we’re amongst a few start-ups who are profitable and are growing!?