CSP Banking Provider in India | Apply Online for CSP Service

Jun - 22
2020
Apply Online for CSP Service

CSP Banking Provider in India | Apply Online for CSP Service

About Kiosk Banking and  Apply Online for CSP Service
A large number of people, particularly the migrant laborers and factory workers do not have a saving account and even not able to open an account due to lack of valid address and ID proof  As a result they face difficulties to save their earnings in a safe place and look out for solution to send money to their families. Through the Kiosk banking solution the following services can be offered CSP Banking Provider in India | Apply Online for CSP Service .

Tatkal Money Transfer to any Bank Account
IMPS Transaction/ Balance Enquiry
Deposit / Withdrawal of Cash
Fixed Deposit / E-KYC Enrolment
Aadhar Enabled Payment System(AEPS facility)
Rupay ATM Card/Identity Card
Loan Deposit / Recurring Deposit
Social Security Schemes (PMJJY, PMSBY & APY)

Benefits to Retailer through Bank Mitra:
An easy to use application
Hassle free and simple system
New Revenue opportunity
Increase your goodwill & brand name in market
Banking Business increases customer footfall which is beneficial for existing Business
SBI Application – Activation Process
Application Form and Registration fees received by Pay Point team
Due diligence by PPINL compliance Team
Application file to SBI local branch
SBI CSP code received
BC entry and Terminal mapping by SBI officials
Welcome kit and scanner dispatched
Training after kit received
Entire process usually takes 25-30 days

Please note: Activation of SBI service is subject to approval from SB

Complimentary services
Utility bill payment
DTH & Mobile Recharge
Air ticket Booking
Bus Ticket Booking
What does the retailer need?
PC
Internet Connectivity
Printer
Office or Retail Outlet
What documents are required?
Application form
2 passport size photo’s
PAN Card (Mandatory)
Id Proof (Voter id/Driving License/Passport etc.)
Shop Address proof
Resident address Proof (electricity bill, ration card etc.)
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)
Authorization Certificate of CSP
Web + SBI Banners
Logo/Stickers/Leaflets/Contact Matrix
Commission Structure
Introduction letter of CSP

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