CSP KIOSK BANKING

 CSP Kiosk Banking model aims to supply a true time, user friendly banking services to the buyer in their neighborhood PayPoint BC  has been a National ‘Business Correspondent’ for the PAY POINT BC As per this arrangement PAY POINT BC is permitted to supply Kiosk banking service to its present retail network and make new Kiosk Banking agents across the country.

Customers may open bank accounts and do all kinds of bank related transactions at SBI Kiosk Banking outlet or Bank of Baroda Kiosk Banking outlet. These outlets are ready to offer end to finish functionalities with the method of account opening or any online transaction and there are banks who also offer online kiosk banking comfortable . There are variety of benefits of getting kiosk online, but these are mainly for the more educated lot to access all services at just a click. Also, the operations through these outlets are absolutely safe and reliable as they’re bio-metrically secured and also, a printed acknowledgement for each transaction is given to the respective customer.

Make your shop Mini bank & provide basic banking services to your customers!!!

About SBI Kiosk Banking

A large number of people, particularly migrant laborers and factory workers do not have a saving account and are even not able to open an account due to a 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 a solution to send money to their families. Through the Kiosk banking solution the following services can be offered:

  • Tatkal Money Transfer to any SBI Bank account
  • IMPS Transaction/ Balance inquiry
  • Deposit / Withdrawal of Cash
  • Fixed deposit/E-KYC enrolment
  • Aadhar Enabled Payment System(AEPS facility)
  • Rupay ATM card/SBI Identity card
  • Deposit/Recurring Deposit
  • Social Security Schemes(PMJJY, PMSBY & APY)

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

Benefits to Retailer through Pay Point Bc:

  • 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
What does the retailer need?
  • PC
  • Internet Connectivity
  • Printer
  • Office or Retail Outlet
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
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.)
Complimentary services
  • Utility bill payment
  • DTH & Mobile Recharge
  • Air ticket Booking
  • Bus Ticket Booking
Activation Process

Interested? Click here to Register Now