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Unicas opens its new physical branch in New Delhi for fiat and crypto transactions

Unicas, a crypto-financial institution with physical branches has announced opening another physical branch in India’s capital, New Delhi. The company has opened a new branch at Connaught Place in the capital.

The new branch in New Delhi will allow users to access banking services in both- fiat and cryptocurrency. It is now operational and allows users to avail facilities. This will include services like savings accounts, loans against crypto assets and cash deposit withdrawals.

Cashaa, a global banking platform in partnership with United Multistate co-op society, had launched Unicas in India, to empower users with the freedom to transact in fiat and crypto through a single account.

Unicas accepts the CAS token as its native crypto. Users with a higher portfolio balance in CAS get advanced banking services along with lower rates of interest for loans and much higher interest on savings balance.

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As per the company, Unicas has already created a presence in Gujarat, Rajasthan and Delhi. It plans to foray into UP, Telangana, markets to this year. With the currently operational physical branches, the brand has already witnessed a transactional volume worth INR 150 crores.

By the end of fiscal 2022-23 it plans to clock a transactional volume worth 1000 across, the company said.

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