F.A.Q.

Here are some common questions about CSP.

Registration

How to Apply for New CSP ?

Click on ‘Apply Now’ From the above menu, Fill the Appliaction form & Pay the Application Fee.
After this you will Your KO Code.

Which Documents are Required ?

At the  Application page, You need to upload some document.

  1. Aadhaar Card
  2. PAN Card
  3. Voter ID or Driving License
  4. Passport Size Photo
  5. Office Address Proof
What is the pricing for diffrent CSP ?

CSP Pricing is diffrent for  various Bank.

1   State Bank of India Rs. 11,500/-
2 Bank of Baroda Rs. 7,500/-
3 Punjab National Bank Rs. 11,500/-
4 Union Bank of India Rs. 6,500/-
5 Allahabad Bank Rs. 9,500/-
6 Fino Payments Bank Rs. 3,500/-
When I will get My CSP Live after Payment ?

After submission of your Form, We will contact your Applied bank for requirments at the particular location.

After Verifing the details & the Documents submitted by you, We will provide you KO code on behalf of Applied Bank.

We will also send you welcome kit with the KO Code & required Devices.

After KO Code, A representative from our company will visit at your center, Will Install & Register you on the Kiosk Software, Will Train you & You can now start you business.

Wh/What is the business correspondent ?

 

  • Business correspondents are bank representatives.
  • They help villagers to open bank accounts.
  • They help villagers in banking transactions (Deposit money, take money out of savings account, loans etc.).
  • The Business Correspondent carries a mobile device.
  • The villager gives his thumb impression or electronic signature, and get the money
  • Business Correspondents get commission from bank for every new account opened, every transaction made via them, every loan-application processed etc.

 

 

Function of banking corespondent ?
  • Non-Governmental Organisations(ngos)
  • Self Help Groups (shgs)
  • Micro Finance Institutions (mfis)
  • Post Offices
  • Insurance Agents
  • Panchayats
  • Civil Society Organisations (csos)
  • Farmers’ Clubs
  • Community Based Organisations
  • Cooperatives Societies
  • Village Knowledge Centers
  • Agri Clinics/ Agri Business Centers
  • Krishi Vigyan Kendras
  • Khadi And Village Industries Units
  • Corporate Entities With IT Outlets In Rural Parts
Who can open bank BC ?

NGO/Trust Acts, Cooperative society, Post offices, Retired Bank employees, Ex-service men., Retired Govt. Employees, Individuals owners of kirana/medical/fai price shop owners, Insurance companies, Individuals who own petrol pumps, Retired teachers, Individual members of farmer’s clubs, Kiosks, CSC, Auto dealers, tractor dealers.

What company will provide ?

Company will provide Banner, t-shirt and Bio-metric, Finger Print Device,Web camera ,Swipe Machine to BC.

When commission will be transferred ?

Commission of each month will be transferred in BC OD after next 15 date of next month. For example, for month August, commission will be transferred upto 15 September.

Still need help? Send us a note!

For any other questions, please write us at [email protected]

022032051 041