Unicas, a crypto-financial institution with physical branches, has announced the opening of another branch in Janakpuri, West Delhi.
Cashaa, a global banking platform in partnership with cooperative society United Multistate, had launched Unicas in India, to give users the freedom to transact fiat and crypto through a single account.
The new branch is operational and allows users to enjoy facilities such as high-yield savings interest of up to 13% per annum, instant loans against crypto assets and an exchange service.
Unicas accepts the CAS token as its native crypto asset, users with a higher wallet balance in CAS get additional banking services as well as a lower interest rate for loans as well as higher income on the wallet balance. ‘saving.
Speaking at the launch, Kumar Gaurav, Founder and CEO of Cashaa said, “Contrary to popular crypto speculation, we have witnessed a nice response for physical branches. We have noted how this has helped us facilitate the awareness of technology and innovation, as well as the introduction of the best banking infrastructure. We aspire to move forward in this direction, and the new branch is a step in the same direction.
“Unicas physical branch user base is growing month by month. Along the same lines, we decided to broaden our reach at the local level. We want to reach into the remotest parts of India and provide the people with an advanced technology-based banking experience. This is just the beginning, and in the long term, we will expand across the length and breadth of the county,” added Dinesh Kukreja, CEO of Unicas.