Janalakshmi Financial Services (JFS) recently received operating licence to set-up a small finance bank. JFS is the largest Micro Finance Institution (MFI) in India. JFS gave out its first loan in October 2000, and currently serves over 5 million families across 259 cities in India. It has over 16,000 employees, referred to as JanaNayaks. JFS has deep domain expertise in banking and financial services with over 500 years of consolidated banking sector expertise just among the senior management. It is an organization that is recognized globally as one of the worldÕs innovative financial institutions working on the problem of financial inclusion.
JFS is promoted by Jana foundation, which is an urban inclusion think tank based in Bangalore with a vision to transform urban India where financial inclusion and enhanced quality of life are assured to all those who aspire to help themselves.
The Foundation undertakes various activities that deepen understanding of financial inclusion and its many challenges. It addresses policy issues through its financial advisory services; education, skilling, livelihood initiatives, community connect activities in order to help customers to improve the quality of their lives and help them meet customer needs comprehensively.
In March 2016, JFS was recognised and awarded as the ÔBest Financial Services firm in IndiaÕ by VC Circle. In 2017, JFS was also featured in ÔFortune - The Top 500Õ largest corporations in India. Recently, JFS was awarded for Best Financial Sector Transaction at the ADB Private Sector-CNBC awards.
- Company Name:Janalakshmi Financial Services
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Headquarters: (View Map)Bengaluru, India
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Banking
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> 10,000 employees
- 1437174 Global Rank
- 72415 India
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- 10 SDKs
- 3.18 Avg. Rating
- 0 Total reviews
- App Url: https://itunes.apple.com/app/janalakshmi-financial-services/id1035229012
- App Support: http://www.janalakshmi.com/contact-us
- Genre: Finance
- Bundle ID: com.janalakshmi.janacashSubProd
- App Size: 32.5 M
- Version: 3.1
- Release Date: September 24th, 2015
- Update Date: January 7th, 2018
Description:
In an endeavour to be a ‘one stop shop’ to loyal customers and to offer suitable products and services to meet their financial goals, JFS has introduced JANA CASH.
JANA CASH wallet is a combination of E-pocket and Janacash card. Primarily these wallets will be targeted to our existing JFS loan customers, Badti Bachat customers and open market customers in associationwith DCB bank.
The wallet to be offered is primarily of two variants:
1. NO KYC Variants– With limit of Rs. 10,000 and requires the customer to enter basic information like Name, Second Name, DOB, ID Card number etc.
2. KYC WalletVariants – With limit of Rs. 50,000/-, this will need the customer to provide one of the below mentioned KYC documents:
· Aadhaar Card
· Voter Id
· Driver’s License
· PAN Card
· Passport