Bank CSP

Objective of “Pradhan Mantri Jan-Dhan Yojana (PMJDY)” is ensuring access to various financial services like availability of basic savings bank account, access to need based credit, remittances facility, insurance and pension to the excluded sections i.e. weaker sections & low income groups. This deep penetration at affordable cost is possible only with effective use of technology.

PMJDY is a National Mission on Financial Inclusion encompassing an integrated approach to bring about comprehensive financial inclusion of all the households in the country. The plan envisages universal access to banking facilities with at least one basic banking account for every household, financial literacy, access to credit, insurance and pension facility. In addition, the beneficiaries would get RuPay Debit card having inbuilt accident insurance cover of र 1 lakh. The plan also envisages channeling all Government benefits (from Centre / State / Local Body) to the beneficiaries accounts and pushing the Direct Benefits Transfer (DBT) scheme of the Union Government. The technological issues like poor connectivity, on-line transactions will be addressed. Mobile transactions through telecom operators and their established centres as Cash Out Points are also planned to be used for Financial Inclusion under the Scheme. Also an effort is being made to reach out to the youth of this country to participate in this Mission Mode Programme.

Benefits to your customers are

A ‘No Frill SBI Accounts’ through KIOSK Banking Model
General purpose Credit Card (GCC)/Kisan Credit Card (KCC)
Term Deposit/Recurring Deposit
Regular SBI Saving Bank Account
Loans against Term Deposit Receipt (TDR) and many more.

Minimum requirements to set up of Bank Kiosk:

Size of Outlet :  Minimum 150-200 sq feet with a counter.
Adequate space to attend to 5-6 customers at a time.
PC with a minimum configuration of 20 GB hard disk
Internet connectivity.
An Intel base chip of or superior provider.
A web cam.
A standard printer/scanner/Finger print device.

What type of transactions the customer will carry on:

This is called a no-frills account where there is no minimum balance or charges levied.Maximum balance can be Rs 50000. (Balances above this can be held, but then account is converted to a regular bank account and the terms of the bank and documentations will apply to these accounts).
Minimum Balance -Zero Balance.Maximum limit of transactions is Rs10,000/- per day.
No Cheque book is issuedOnly Cash Transactions can be made & only in person by the account holder.
There is no signature required and only electronic thumb impression is used to access/use the account.
Customer also benefits from Long banking hours: As long as the shop is open

TO OPEN YOUR OWN BANK KIOSK IN YOUR AREA FILL THIS Form. OUR TEAM WILL CONTACT YOU IN 24 WORKING HOURS.

THANK YOU.