SBI CSP SERVICES

WHAT SERVICES WILL SBI KIOSK BANKING PROVIDE?                                                      

The SBI Kiosk banking will provide the following services:

• No Frill SBI Accounts Opening

• Deposit of Cash

• Withdrawal of Cash

• Money transfer to another SBI/BC account holder in other locations

• Account to Account Transfer

• Deposit to SBI Loan Accounts

• STDR & RD Opening 

• Current limit of Rs 10,000 per day per bank account holder. 

 ADVANTAGES TO THE CUSTOMERS :

• A 'No Frill SBI Accounts' through KIOSK Banking Model

• Home Loans/ Loan Against Property

• Kisan Credit Card (KCC) (ATM)

• Easy Money Transfer

• STDR Account/Term Deposit/Recurring Deposit

• loans against Term Deposit Receipt (TDR)/ National Saving Certificate (NSC)/Kisan Vikas Patra   (KVP)

• Customer also benefits from Long banking hours: As long as the shop is open .

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 Rs 10,000/- per day

• ATM Card is issued

• Only Cash Transactions can be made & only in person by the account holder.

• As define by word "NO FRILL", there is no requirement of form filling and sign. Electronic thumb impression is used on biometrics, to access/use the account.

• Other Services :   Home Loans/ Loan Against Property (Feature yet to be updated) 

INCOME GENERATION FROM CSP KIOSK BANKING ?

Earn on opening New Account, every Cash Deposit/ Cash Withdrawal/ Loans and Money Transfer or any services of the bank .

WHAT DOES THE RETAILER GET ?

• Association with State Bank of India

• SBI software, user id and password

• Biometric Reader & Software for electronic thumb impression

• Web Software to operate different service (Recharge/Billing/Travel Solution)

•  Web + SBI Banners

• Logo/Stickers/Leaflets/Contact Matrix

• Commission Structure

• Introduction letter of CSP 

MINIMUM REQUIREMENTS OF SPACE & HARDWARE : 

• Size of Outlet: Minimum 200 sq feet and must have a counter

• There must be adequate room to attend to 5-6 customers at a time

• This is essential to provide efficient and courteous service to the customer

• System configuration: PC with a minimum configuration of 20 GB hard disk

• internet connectivity

• A web cam Or Scanner

• A standard printer                                                      

                                                                                                                                                  

 

               Click Here For Commission Structure SBI CSP .

Click Here For Commission Structure of Other Services