The Kiosk CSP Apply Now Made Easy By A Top Provider

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CSP Bank Mitra BC 
www.bankmitrabc.co.in
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ABOUT US
CSP Bank Mitra BC is the technology service
provider and business correspondent to several
banks. It was formed with the aim of serving the
customers of various banks with their best
facilities. They also aim at providing financial
support to the lower income groups of the society
like labourers and workers who do not have a
savings account due to the lack of proper
documents.
www.bankmitrabc.co.in
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Kiosk Banking
How Can The Kiosk Banking Concept Transform Rural
Society

• These days there has been much talk about the
  concept of kiosk bank at the village level. You
  could be A tag confused or even perhaps
  disinterested. We would like to say that as A
  rural youth, if you are educated but unemployed
  this form of banking is your scope to chalk out A
  career close to home. This is A major banking
  reform and A game changer event for indian
  banking and simultaneously rural society. This is
  A concept introduced by the RBI and it is about
  bringing in the rural folk within the purview of
  formal banking. 
•  Some even refer to this concept as a csp bank
  because the operations are based on the customer
  service point, which a bank mitra has to set up
  at the village level. This is A major banking
  reform introduced by the RBI and the sole intent
  is to benefit the rural society. This can be done
  in two major ways and let me share the details.
•  It is via a kiosk bank the rural folk can be
  inducted into the formal economy. There are
  places located far away from A formal bank branch
  and often the villagers fall prey to agents of
  dubious chit fund companies. They end up losing
  their life savings this way. It is with the
  introduction of this format of banking, they can
  now save money for the future. These locations
  also introduce villages to insurance policies and
  pensions plans for old age. 
•  The kiosk or csp bank has also catered to the
  employment needs of the rural educated youth. A
  bank has to appoint A bank mitra to run the CSP
  and the RBI guideline clearly states that only
  unemployed educated youth are eligible to apply.
  Hence, alongside introducing the villagers to
  formal banking this scheme has also encouraged
  employment at the rural level. It is A lucrative
  career prospect on offer for the educated village
  youth and one can always apply. If you have space
  for A CSP set up and are ready to make some
  investments, this is A scope to make it big in
  life by associating with the indian banking
  industry. You must not miss out on this
  opportunity. 

www.bankmitrabc.co.in
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KIOSK BANKING

• Every Indian citizen has the right to avail
  formal banking services, but unfortunately this
  is yet to be applied in practice after so many
  years of independence. It is the hinterland
  regions, which mainly stand deprived. There is
  actually no one to blame because these regions
  have low population density and banking
  transaction volumes are significantly lower.
• A normal bank branch will find it difficult to
  generate profits on such low transaction volumes.
  Hence, plenty of them are skeptical to venture
  into the hinterlands and as a result rural India
  has been deprived of formal banking. It is to set
  things straight that the RBI has now introduced
  the concept of Kiosk Banking for all banks and
  let us discuss the details.

• A Peek Into An Alternative Banking Model Popular
  in the Rural Areas

www.bankmitrabc.co.in
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What precisely is it? 
You would be eager to know some details and we
would like to say that in many ways Kiosk Banking
is similar to the normal bank. It is a place,
where the rural folk can arrive and avail formal
banking service. They can open bank accounts and
engage in activities such as depositing,
withdrawing cash. However, it operates on a much
smaller scale and the location referred to as CSP
point is only represented by a Bank Mitra. The
intent is to cut down overhead expenditure of a
branch so that the low banking volumes can be
justified. The other key aspect to note is that
the Bank Mitra at the CSP location cannot
sanction a loan. 
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• The concept is also about generating rural
  employment 
• We would like to say that this alternative form
  of banking benefits rural society in two major
  ways. This concept helps to channelize rural
  savings into the formal economy. Moreover, the
  reserve bank has strictly enforced a rule that
  the Bank Mitra post is only for the educated but
  unemployed rural youth. The other intent is to
  generate employment at the rural level. If you
  are unemployed but educated one can always Apply
  for CSP online. You would perhaps be eager to
  know about the CSP location and the other
  criterion. Let me share with you the details.
• An insight into the application and operations 
• There is a need to arrange for some real estate
  space where you can set up the CSP. This space
  could be your ancestral property but one must
  make sure that it is at some distance from a
  registered bank branch. If you are somehow
  located too close the customer may find it
  convenient to walk into the branch rather. It is
  alongside one must be ready to invest in a formal
  office set up. You also must avail a clearance
  from the local police and one can start
  operations as a Bank Mitra. The pay package for
  this post is lucrative and one must not miss out. 

www.bankmitrabc.co.in
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CSP PROVIDER

• The Source To A Lucrative Career Option at The
  Village Level

• The central bank of this country, RBI has decided
  to aggressively promote banking in the rural
  hinterlands and it serves two basic purposes. It
  is even after 73 years of independence that the
  rural folk are still yet to enjoy the benefits of
  formal banking. These areas generate cash but due
  to the absence of formal banking channels the
  savings fall into the hands of dubious chit fund
  companies. It often goes to waste and it is to
  channelize the savings into the formal economy
  that they have taken this step. They have a full
  proof plan in the form of kiosk banking and it
  handles the core reason as to why formal bank
  branches have failed to enter the hinterlands for
  all these years. 

• The volume of transactions in the hinterland is
  surely on a much smaller scale and a complete
  bank branch will find operations unprofitable. A
  kiosk bank on the contrary operates on a much
  smaller scale and there is just one
  representative. Hence, in spite of the
  transaction volumes being on the lower side, it
  should not impact the banks overall profitability
  much. We have mentioned earlier and would like to
  repeat that this plan serves two basic purposes.
  It invites the rural folk into the world of
  formal banking and they can grow the savings. The
  second aspect we would like to point out is that
  the scheme is a great earnings opportunity for
  rural educated youths. You will find out after
  getting in touch with a CSP Provider.

www.bankmitrabc.co.in
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SBI CSP APPLY

• We have mentioned earlier that such banking
  points can be operated by a single individual and
  it could be you. The post is referred to as Bank
  Mitra and if you are educated, one can apply for
  it. We would also like to offer an update on the
  term CSP. It is referred to as the customer
  service point and this is a retail outlet, which
  you will have to arrange somehow. This space
  could also be a part of your ancestral property
  and one will just have to make sure that it is
  located at some distance from a formal bank
  branch. If you are located too close to a branch,
  there is always a possibility that customers will
  walk into the branch and avoid your outlet. 

• The Bank Mitra post is reserved for the
  unemployed but educated village youth and the
  other thinking behind this concept is to generate
  employment at the village level. The remuneration
  for operating a CSP point is lucrative and we
  would insist on the need to opt for a SBI CSP
  Apply. Your function is to reach out with formal
  banking to the village folk and the brand of SBI
  should help a lot. You should find it a lot
  easier to convince customers to open bank
  accounts with SBI. It is from a CSP location, you
  can offer a lot more as there is scope to sell
  insurance policies. You can even recharge prepaid
  mobile phones. The earnings scope is diverse and
  it is a nice career option close to the village
  level. 

www.bankmitrabc.co.in
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CONTACT US

• REGIONAL OFFICE

• MAIN BRANCH

• Circular Garden Reach Road, Garden Reach,
  Kolkata, West Bengal,700018.

• Saneguruvanahalli, Basaveshwar Nagar, Bengaluru,
  Karnataka 560010.

91-9163289915info_at_bankmitrabc.co.inhttps//www.
bankmitrabc.co.in/