Relisec

We are the empaneled Corporate Business Correspondent for major Public Sector Banks like Punjab National Bank and Central Bank of India as also five Regional Rural Banks (RRBs) sponsored by PSBs.

♦ Punjab National Bank (PNB) is the largest Nationalized bank in the country. Company is handling BC operations for the Bank in 14
    States and Union Territories covering Haryana, Punjab, Himachal Pradesh, Delhi, Chandigarh, West Bengal, Bihar, J & K,
    Andhra Pradesh, Telangana, Tamilnadu, Kerala, Karnataka and Puducherry. Relisec is managing more than 1800 BCA outlets
    for the Bank.

♦ Regional Rural Banks sponsored by Punjab National Bank

        1. Sarv Haryana Gramin Bankis PNB’s sponsored RRB in Haryana having a dominant presence in the State.
       Company is managing more than 500 BCA outlets in Haryana.

        2. Punjab Gramin Bank is PNB’s sponsored RRB in Punjab where around 200 BCA outlets are being managed by us and the number
       of our outlets are slated to expand further.

        3. Himachal Pradesh Gramin Bankis also sponsored by PNB with around 100 BCA outlets managed by us presently.

        4. Bangiya Gramin Vikash Bank is PNB’s sponsored RRB in West Bengal where Company has started operations with an initial
       strength of more than 500 BCA outlets.

♦ Central Bank of India has empaneled the Company in 2021 for managing its BCA outlets in the States of Punjab, Haryana, Himachal
Pradesh, J & K, Delhi, West Bengal and Orissa. We have commenced operations initially for above 800 BCA outlets for Central Bank of India

♦ Elaquai Dehati Bank is State Bank of India’s sponsored RRB in Jammu and Kashmir where Relisec is expanding its footprints.

♦ INSURANCE PARTNER

Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 187 years old global insurance group featuring among the world’s 60 largest companies. Company is providing retail, commercial, personal and rural insurance solutions to individuals and corporates to help them manage and mitigate risks. We have tie-up with them to sell their two-wheeler insurance policies through our BCA outlets with Haryana Gramin Bank.

♦ NBFC

IIFL Home Finance is a leading NBFC providing easy and convenient Home loans. Relisec is mobilizing Home loans under the attractive Schemes of IIFL-HL through its BCA outlets. We generate leads and assist IIFL-HL in their pre-sanction appraisal, filling of documents and disbursal of loans through a Tab-based solution. We also contribute on a best effort basis for recovery of dues.

Presently, the tie-up is being run of a pilot basis through our identified BCA outlets in Delhi/NCR.

♦ TECHNOLOGY PARTNER

Artha Vedika Tech Private Ltd is a reputed technology providing organisation manned by IIT Kanpur alumni. Relisec has tie-up with them for developing a credit rating system for micro and small loans. The exercise involves conducting an economic survey of households by our BCAs in their command area which will help in correctly estimating the income and repaying capacity of individuals in the unorganised sector. This will provide a validated credit rating model for micro loans for the targeted unorganised sector.