New Delhi: Bartronics India Limited, a leading provider of technology-enabled financial inclusion and digital infrastructure solutions, announced its empanelment by Bank of Maharashtra as a Corporate Business Correspondent (CBC) Vendor for a five-year term. The announcement, made on November 7, 2025, marks a major milestone in the 15-year partnership between the two organizations and reinforces the bank’s trust in Bartronics’ operational excellence and execution capabilities.
Bartronics has consistently delivered top-tier performance in bank account openings and social security scheme sourcing. Its CBC operations currently span 1,800 villages, serving over 15 million people through secure, ISO-compliant processes. Under the new engagement, Bartronics plans to expand its footprint to 3,000 banking touchpoints within the next 6–9 months, with a strategic focus on Maharashtra, Madhya Pradesh, Chhattisgarh, and Karnataka. This expansion will include 1,200 new Customer Service Points (CSPs) and is projected to generate ₹50 crore in additional revenue over the next five years.
The initiative is also expected to create employment for 1,200 local CSP agents, thereby boosting rural entrepreneurship and strengthening on-ground banking support. Through this engagement, Bartronics will continue to support Bank of Maharashtra’s Financial Inclusion and Customer Outreach programs by offering a wide range of essential banking services such as account opening, deposits, withdrawals, fund transfers, remittances, microinsurance, social security enrollments, and financial literacy campaigns.
Vidhya Sagar Reddy, Managing Director of Bartronics India Limited, stated, “Our empanelment by Bank of Maharashtra is a strong validation of Bartronics’ performance, credibility, and field execution strength. With this new engagement, we aim to expand our footprint to reach 3,000 locations under Bank of Maharashtra while empowering communities through digital financial access. As we continue to collaborate closely with the Bank, our goal remains to strengthen India’s financial inclusion ecosystem through efficient delivery, trained manpower, and measurable social impact.”
Bartronics’ long-term vision is to play a transformative role in India’s digital banking landscape by leveraging its CBC network and ongoing partnerships with seven banks to empower underserved regions with secure and accessible financial services.
