If you are an institution providing an online as well as offline service and need to collect fees or EMI from your customers, AU Bank provides you multiple Fee/ EMI Collection services. With the help of an example, we have explained below the kind of options that you can choose from (either one or all).
X Education Institute provides online and classroom education to students and wants to collect payments received as application form fee, enrollment fee, monthly tuition fee and transport fee. Here are the modes of payments available for them:
In 2016, after the demise of her husband and two sons, Hema took charge of her husband’s Motor Driving School. AU Bank transferred the car loans in her name and provided support when Hema needed it the most. After one year, Hema became independent and her business is running better then before. She is also providing employment to four drivers in her Motor Driving School.
Raju Bhai a progressive farmer who hails from a village near Ahmedabad had understood that dependence on agriculture alone for livelihood will never be enough to fend for his family. AU Bank extended support and gave wings to his aspirations by catering to his financial requirements.
Raju Bhai is earning handsome surplus, besides the income from his agriculture income. He has a well-settled pick-up vehicle business with three vehicles and two drivers who are paid 8000 each.
AU Bank was very quick. The customer service was very cheerful and helpful there. They sort everything very nicely.