Title: A Quick Digital India CSP Sanction from A Top Provider is Your Scope to Associate with Indian Banking
1(No Transcript)
2The Bank Mitra Concept
- As you are planning to opt for a Digital CSP
Apply, your position will be that of a Bank
Mitra. You are a representative of the bank at
the rural level and the role is to offer formal
banking services to the villagers. This is a
concept, which allows a person to open bank
accounts with minimum documents. You can target
the migrant labor community and educate them that
via this method, they can send money home easily.
The only drawback is that a CSP location will
have to handle cash volumes on a limited scale.
3The Kiosk Bank Concept offers the Educated Rural
Youth A Scope to Earn A Decent Living Closer To
Home
- It is after you complete education as a rural
youth there are perhaps plans to migrate to the
big city in search of employment. The migration
to the big cities from the villages is a trend
for a long time and you perhaps have a similar
plan. It is precisely at this stage we would
like to throw up a big surprise by suggesting
that you can build up a nice career with the
Indian banking industry at the village level.
This will sound absurd initially but as you check
out the details, one will find the scope to be
real. Let me now introduce you to the concept of
a kiosk bank and this is the latest banking
reform introduced by the RBI. - The blueprint prepared by the RBI is about
penetrating deep into the hinterland with formal
banking services. There is cash generated at the
rural areas but perhaps not significant enough
for a nationalized bank to open a format branch.
It is precisely in such a scenario that the Kiosk
Bank model comes into play. It is a concept where
the RBI allows banks under its fold to appoint
Bank Mitra posts at the village level. You are
surely educated and if one has basic
understanding of computer technology, there is
scope to apply. Today most banks under the
purview of RBI are appointing the Bank Mitra
posts and you have the liberty to select. - If you boast of a clean police record there is no
reason why you cannot apply and you must contact
a CSP Provider. You must set up a customer
service point and it is precisely at this stage
we would like to say something. This is a retail
outlet and this point should operate as your work
station. One needs to be careful on selecting
this retail space and look to identify a
location, which is at a significant distance from
any nationalized bank branch. Your role is to
convince the rural folk and bring them under the
formal economy by opening their bank accounts. If
the CSP location is too close to a formal branch,
a potential customer may find it convenient to
deal with an official branch rather than you. - It is only once you have selected the location
carefully it would be prudent to contact a CSP
provider. The permission to operate a CSP and as
a Bank Mitra should come soon. You could start
work and the primary role here will be to
introduce the rural folk to formal banking. One
can help them to open bank accounts and assist
them through the operations. They can deposit,
withdraw cash and also place the order for cheque
books. The commissions are lucrative and we would
like to say that there is scope for more work.
One can also sell insurance policies for LIC and
recharge coupons for prepaid mobile connections.
It is a nice earnings opportunity for the
educated rural youth and one must not miss out
this golden scope. You no longer need to migrate
to the city in search of a live hood.
KIOSK BANKING
4What is a CSP?
DIGITAL CSP APPLY
- It is recently that the RBI has undertaken a push
to bring vast areas of the Indian hinterland into
the formal banking fold. This was long pending
and we would like to say that you can benefit
from it. One can opt for a digital CSP apply and
make a career in the Indian banking system. Are
you an unemployed educated youth at the village
level? If you have basic computer knowledge one
can look to earn nice money by offering formal
banking services to the rural population.
- One can always Apply for CSP, but prior to that,
it is important to get an understanding of the
concept. The term refers to a customer service
point and this will be the area of operations for
you. It is a retail outlet and while selecting
this spot, one must make sure that it should be
at some significant distance from any formal bank
branch. If you are located too close to a bank
branch a customer may avoid you and prefer to
visit the bank branch rather.
You Can Offer More Than Formal Banking There
are more reasons beyond banking for us to suggest
that you apply for CSP. It is from this location
a Bank Mitra can also sell insurance policies for
LIC. There is scope to sell pension plans and you
can even recharge prepaid mobiles. The
commissions for offering core banking are
lucrative and alongside these is additional
income scope for a Bank Mitra. There is scope to
earn big money right at the village level.
Lucrative Earnings Prospects on offer for People
Placing The Digital CSP Apply
5It is of late that there has been much enthusiasm
amidst the rural educated youth regarding the CSP
bank concept and you are surely a bit
inquisitive. We would like to say that it is an
initiative undertaken by the RBI to reach out
with banking into the hinterlands of the country.
There are vast areas of our country, which are
yet to receive the benefits of formal banking.
Hence, the savings of the rural folk in these
areas fall prey to dubious chit fund companies.
These savings go in waste and hence via the CSP
model, the central bank is looking to make sure
that the rural savings are reflected in the
formal economy.
The Process to Opt for A SBI CSP Apply
What precisely is it about? The CSP Bank is a
concept where the bank can appoint an official
representative to offer banking services in such
areas. The volume of banking transactions at
these spots are significantly lower and it will
not be profitable for the bank to set up a
branch. However, the customer service point
branch is about a single person representing a
bank. It is normal that the cost of operations is
significantly lower and the point can now see
profits. The rural folk now come under the
purview of formal banking and can participate in
the growth story of India. You can set up the CSP
point and earn handsome payouts in the process.
6CSP Point Setup
This concept offers a scope to earn money but
without having to migrate to the big cities.
Therefore, the concept is popular and you would
love to opt for a SBI CSP Apply. The first point
we would like to place here is that this income
proposal is only for the unemployed youth. If you
are jobless one can surely apply but provided you
have basic computer knowledge. You will be
operating a complete banking branch but on a
smaller scale and hence computer knowledge is a
basic criterion. One will also need to have
retail space because this is your customer
service point. There is a need to be careful
while selecting this location and it must be at a
significant distance from an official bank
branch. You are sure to lose out on customers if
an official bank branch is located in close
vicinity. It is alongside you will need to place
a police report to show that you have a clean
track record.
What can you offer from the CSP point? You
should easily be able to meet this criterion and
the SBI CSP apply should receive quick sanction.
It is now you can offer comprehensive banking
services to the rural folk. The brand of SBI will
allow you to communicate confidently with the
rural folk. One can help the villagers to open
bank accounts and offer normal banking services.
It is alongside there is scope to sell insurance
policies for LIC and pension plans. The payout
structure is lucrative and you can take home nice
money. It is a nice career option for the rural
educated youth.
791-9163289915info_at_bankmitrabc.co.in
https//www.bankmitrabc.co.in/
Saneguruvanahalli, Basaveshwar Nagar, Bengaluru,
Karnataka 560010.
Circular Garden Reach Road, Garden Reach,
Kolkata, West Bengal,700018.