Bartronics India Bags Major CBC Deal with Maharashtra Gramin Bank, Fuels Financial Inclusion Push

Bartronics India Limited received the Purchase Order on November 11, 2025, marking a strategic entry into long-term partnership with Maharashtra Gramin Bank. The company will deliver CBC services, promoting financial inclusion through secure, tech-driven solutions in underserved areas. Financial terms hinge on the forthcoming SLA and commission structure, typical for such empanelments.

​Key Highlights

• Contract Duration: Initial 3 years, with extension option at bank's sole discretion.
• ​Key Conditions: Execution of Service Level Agreement (SLA) and ₹25,00,000 Performance Bank Guarantee within 30 days of PO acceptance.​
• Strategic Context: Complements 5-year renewal with Bank of Maharashtra; plans to scale from 1,800 to 3,000 Customer Service Points across Maharashtra, MP, Chhattisgarh, Karnataka in 6-9 months, targeting ₹50 crore added revenue and 1,200 jobs.
• ​Services Scope: Account openings, deposits, microinsurance, financial literacy via ISO-compliant processes.

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Growth Outlook
This deal underscores Bartronics' expertise in digital banking, agritech, and identity management, serving 1M+ customers. A board meeting on November 14, 2025, will review Q2FY26 results and fundraise up to ₹300 crore.
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Sources: Lokmat Times, DSIJ, ScanX Trade