We will empower Indian Women with ‘Paytm AshaKiran’

We will empower Indian Women with ‘Paytm AshaKiran’

We have introduced a new initiative called ‘Paytm AshaKiran‘ to empower women. With this programme, we aim to educate women about financial services and create new employment opportunities across smaller towns and cities.

For the first phase, we have partnered with the United Nations Development Program (UNDP) as part of its Disha project which is supported by IKEA Foundation and women-related organizations like Medha and SHEROES to mobilize self-help groups and organize workshops in smaller cities and towns across Maharashtra, Karnataka, Haryana, Andhra Pradesh and Uttar Pradesh.

This programme aims to offer skill development opportunities to rural women by training and certifying them to act as banking correspondents. These women can then act as a catalyst in the nationwide rollout of Paytm’s bank offerings. We will continue partnering with government bodies and other such organizations to reach more women across India.

Renu Satti, MD & CEO – Paytm Payments Bank said,

“As a socially responsible bank, we aim to bring uninterrupted banking and financial services access to even the remotest cities and towns in our country. To achieve this, we are introducing our first initiative towards empowering rural women – ‘Paytm AshaKiran’.

With this initiative, we aim to help women to understand the financial services sector and become self-reliant, to be a part of India’s mainstream economy. This program would support and educate these women as they take their first steps towards financial inclusion.”

Last year, we launched  ‘Paytm Ka ATM’ outlets across India that allows customers to open saving Accounts and deposit/withdraw money. These specially branded outlets are playing a key role in offering banking services to smaller cities and towns by ensuring customers find it easy to locate an access point near them.

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