Branchless Banking

byPaytm Editorial TeamLast Updated: September 10, 2025

Definition

Branchless Banking means providing banking services without a physical branch. It uses technology like mobile banking, ATMs, and agents.

Advantages

  • Saves time and travel.
  • Helpful in rural areas where branches are limited.

Example

Using your phone to check balance or transfer money is branchless banking.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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