Account Aggregator to Digilocker: Apps that help in managing financial life

These government-backed services make sharing and access of important documents easy

More than a decade ago, storing financial documents meant renting a bank locker or keeping them in a safe at home. It was simple but not always helpful. Sharing financial documents was cumbersome. Thankfully, dealing with important documents has become easy due to digitalisation and platforms like Digilocker, Account Aggregator, or Digital Yatra.

Digilocker

DigiLocker is an online document storage and sharing platform introduced by the government. "It provides individuals with a secure digital space to store and access important documents such as identity proofs, educational certificates, and government-issued documents," says Adhil Shetty, chief executive officer (CEO), BankBazaar.

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