Hyderabad, Jun 9 :Indian Bank, seventh largest public sector bank, partnered with leading digital wealth management company Fisdom to offer a comprehensive suite of wealth management products and services to the bank’s 10 Crore customers.

The partnership will focus on enabling large-scale facilitation and distribution of wealth products and services through Indian Bank’s network of 6,000 branches and its digital properties including the mobile banking application and internet banking portal, Fisdom , India’s leading digital wealth management platform providing solutions across investments, savings and protection, said in a release.

The objective of this partnership is to enhance the bank’s customer value proposition by making high-quality wealth management services accessible, affordable and truly digital.

In phase one of the partnership, Indian Bank customers can now access and invest into any mutual fund of choice and the National Pension System through an intuitive yet robust digital experience delivered through Indian Bank’s IndOASIS mobile banking application and its internet banking portal as well.

Customers will also be able to transact in investment schemes along with the ability to track mutual fund performance in real-time.

Upcoming phases include introduction of more features enhancing user experience and more products to expand the offering suite.

Indian Bank Executive Director K Ramachandran, said, the partnership with Fisdom will enable us in offering our customers affordable and simplified digital access to essential financial products like mutual funds and pension funds. We intend to expand the product suite significantly in the time to come.

Fisdom Co-Founder and CEO, Subramanya SV, said, Considering our rich experience of working with a variety of banks, we are confident that the partnership will be able to deliver great products, high quality service and a friendly wealth management ecosystem to customers.

Several banks and financial institutions including Karnataka Bank, City Union Bank, Suryoday Small Finance Bank, Bank of Baroda, SBM Bank, Oriental Bank of Commerce, have partnered with Fisdom to provide access to financial products to their customers.(UNI)