Amit and Neha want a loan for a new apartment. They approach a startup housing finance company.
To open the new bank account required for the loan, all they need are their Aadhaar cards and thumbprints.
Their account is opened, and the loan is processed. They can move into their new apartment.
Packers move them in, and Amit has to get cash to pay. He rushes to the ATM and tells Neha to order lunch. Amit withdraws money from his account using his debit card.
Neha orders lunch on her smartphone using a new food ordering app. Because she's a customer at the bank, she gets a 50 percent discount off her first order.
The food arrives, and Amit pays the remaining balance by card via the delivery boy's smartphone, which serves as a mobile POS device.
Neha then reminds Amit to remit money for his parents' anniversary. He opens his mobile banking app. To ensure the transfer is legitimate, the app asks Amit a few more questions this time.
Amit decides to treat his parents to a movie for their anniversary, and pays upfront using his e-wallet.