Axis Bank partners with Open to launch digital current account

This partnership offers the larger business community access to Axis Bank’s holistic banking experience coupled with OPEN’s end-to-end financial automation tools for business management including payments, accounting, payroll, compliance, expense management and several other services.

This is Axis Bank’s first-ever partnership with a fintech player to launch a fully digital current account.

This digital current account will help customers save time and effort, as the authentication process will be completely digital using PAN and Aadhaar followed by a Video KYC. 

The comfort of a contactless account opening process that takes away the hassle of paperwork with a zero-document upload feature, makes this current account product significantly different from others in the market.

With this account, customers can avail of 250+ banking services and claim up to 50% cash back through grab-deals. 

With this partnership, all existing Axis Bank account holders also get access to OPEN’s all-in-one digital banking platform that is used by over 30 lakh businesses currently.