NSDL Payments Bank

Payments Bank Sector

“Safe, Simple, Smart Banking”

NSDL Payments Bank, a subsidiary of NSDL e-Governance Infrastructure Limited and backed by the National Securities Depository Limited (NSDL), is a unique payments bank that brings the credibility of India's premier capital market infrastructure to the banking and digital payments space. NSDL Payments Bank received its banking license from the RBI and operates as a fully digital payments bank focused on safe, transparent, and technology-driven financial services. Given its parentage — NSDL, the custodian of trillions of rupees in securities and one of India's most trusted financial infrastructure organizations — NSDL Payments Bank brings an unmatched emphasis on security, compliance, and institutional trust to its banking operations. The bank offers digital savings accounts, money transfers via UPI, NEFT, and IMPS, bill payments, and insurance products. NSDL Payments Bank's positioning is particularly strong among capital market investors, mutual fund investors, and digitally-savvy middle-class customers who seek a bank backed by a reputed financial institution. Its integration with NSDL's e-governance and capital market infrastructure is a key differentiator. RBI regulated and operating within the payments bank framework, NSDL Payments Bank is committed to building a secure, trustworthy, and convenient digital banking platform for India's growing base of financially aware citizens.