Account Opening
Account Opening is the process of creating a new bank account that allows individuals or businesses to save money, make transactions, and access various financial services.
NearPoint – Axis Bank, NSDL, and Federal Bank Account Opening Service
Simplifying Digital Banking for Every Indian
Open a Bank Account Instantly with NearPoint
NearPoint Financial Services brings you a fully digital and paperless bank account opening platform in partnership with leading banks such as:
Axis Bank
NSDL Payments Bank
Federal Bank
Now customers can open a new savings account instantly through the NearPoint App — no branch visit, no paperwork, and no waiting period. The process is 100% online, secure, and completed within minutes.
Supported Banks and Account Types
| Bank Name | Account Type |
|---|---|
| Axis Bank | Regular / Zero Balance Savings Account |
| NSDL Payments Bank | Digital Zero Balance Account |
| Federal Bank | Full KYC + Digital Banking Account |
Zero Balance Accounts available for NSDL and Federal Bank.
Instant Account Number Generation after successful verification.
Key Features
100% Online Process – No need to visit the bank branch
Instant Account Number & IFSC Generation
Zero Balance Accounts Available (for NSDL & Federal Bank)
Free Virtual or Physical Debit Card (depending on the bank)
Instant UPI & Mobile Banking Activation
Safe, Secure, and RBI-Regulated Banks
Video KYC Option for complete account activation
Required Documents
| Document | Details |
|---|---|
| Aadhaar Card | Mandatory (must be linked with active mobile number) |
| PAN Card | Mandatory |
| Mobile Number | Required for OTP verification |
| Email ID | Optional but recommended |
Instant OTP verification ensures a smooth and secure onboarding process.
Benefits for Customers
Zero Balance Facility – No minimum balance required
Free Virtual Debit Card for online transactions
Instant UPI / QR / Mobile Banking Activation
No Hidden Charges or Maintenance Fees
Access to Net Banking, Passbook, and Chequebook (as per bank policy)
Benefits for NearPoint Retailers
Earn commission on every successful account opened
Offer digital bank account opening services in your area
Attract more customers and increase shop footfall
Build customer trust with top bank partnerships
Expand your digital services business with ease
Step-by-Step Account Opening Process
| Step | Process |
|---|---|
| 1 | Open the NearPoint App and go to “Account Opening” |
| 2 | Select the desired bank – Axis, NSDL, or Federal |
| 3 | Enter the customer’s mobile number |
| 4 | Verify Aadhaar and PAN details |
| 5 | Complete Video KYC (if required by the bank) |
| 6 | Account details and number are generated instantly |
| 7 | Share account details or welcome kit with the customer |
No physical forms or branch visits required.
Account activated in 5–10 minutes.
Service Summary
| Feature | Details |
|---|---|
| Supported Banks | Axis Bank, NSDL Payments Bank, Federal Bank |
| Process | 100% Digital & Paperless |
| Charges | Mostly Free / Zero Cost |
| Time Required | 5–10 Minutes |
| Customer Benefits | Zero Balance, Instant UPI, Mobile Banking |
Why Choose NearPoint Account Opening Services
Trusted partnerships with India’s leading banks
100% compliant with RBI and UIDAI regulations
Real-time onboarding with instant KYC verification
Commissions and incentives for partners and retailers
Expands banking access to rural and semi-urban India
Start Banking Digitally with NearPoint
Join NearPoint Financial Services today and offer digital bank account opening services to your customers.
Enable them to access Axis Bank, NSDL Payments Bank, or Federal Bank accounts instantly, securely, and without paperwork.
Empower your business with NearPoint – bringing banking to every doorstep.