How to Get Bank Of India CSP in 2023

In this article, we are gonna discuss that how to open Bank Of India CSP, CSP is also known as Bank Mitra cause in CSP you can provide every banking service to the customers and you can easily earn Rs. 50,000/- per month after opening CSP,

All the public banks out there have already stopped giving CSP however if you want to open a CSP you have to contact a third-party company where you can easily get the opportunity to the companies that has rights to provide CSP, you have to contact them,

Today in this article we are gonna cover all problematic question like what documents required, eligibility criteria and so many more let’s start the conversation,

Eligibility for opening & Maintaining of Bank Of India CSP :

Your age should at least 21 years your qualification must be at least 10th Pass or above, Computer knowledge, you must have the capital for investment and most importantly you must unemployed you should not have any government job at all otherwise your application may get rejected,

Now, what documents are required OF Bank Of India CSP?

You must have 10 passport size color recent photo, qualification certificate, PAN Card, Aadhar Card, Voter id card (Optional), Driving License (Optional), shop agreement paper wherever you are going to open your CSP if you have your shop so you have to submit the proof of that shop or if your shop is on lease then you have to submit the NOC (No Objection Certificate) and Police verification certificate also known as character certificate this certificate show that you don’t have any criminal record till now,

You can easily apply for the application online while sitting at home only if you are eligible for CSP & you have all the required documents or you can contact the third-party companies directly for opening CSP also if there is no bank of India CSP in your area only then your application will be passed

After applying online the company will contact you within seven days only if there will be no other Bank Of India CSP available in your area,

The most important thing is which your success rate increase for your application to be selected after having an IIBF certificate yes you heard it right this doesn’t matter at all that you have your own shop or not do you have all the equipment or not this is all about the future talk the only thing matter is IIBF certificate things gets so easy after completing this certificate,

Equipment requirements: You are gonna need all this equipment to open a Bank of India CSP (Customer service Point)

  • Desktop computer or a Laptop
  • Color printer
  • Scanner
  • Fingerprint device
  • Broadband Internet Connection

Bank Of India CSP Commission chart 2023:

  1. Saving account opening (Rs. 7.5/- per saving account)
  2. KYC-Pradhan Mantri Jan Dhan Yojana saving account (Rs. 16/- per account)
  3. Cash Deposit (Commission 0.4% or Maximum of Rs. 28/- per transaction)
  4. Cash Withdrawal (Commission 0.4% or Maximum of Rs. 28/- per transaction)
  5. Other Bank AEPS (Commission 0.4% or Maximum of Rs. 28/- per transaction)
  6. Bank Of India to Bank of India Only Rs. 20,000/- Daily Limit (Commission 0.4% or Maximum of Rs. 28/- per transaction)
  7. Fund transfer Bank of India to Bank of India Only Rs. 20,000/- (extra Rs. 30 takes from customer & Commission Rs. 15.08/-)
  8. Cash Deposit-through AEPS for Bank of India Rs. 25,000/- Monthly Limit (Commission 0.4% or Maximum of Rs. 28/- per transaction)
  9. Withdrawal – Free Only commission Bank of India – Rs. 20,000/-, AEPS Daily Limit (Commission 0.4% or Maximum of Rs. 28/- per transaction)
  10. Other Bank Rs. 10,000/- AEPS Daily Limit (Commission 0.4% or Maximum of Rs. 28/- per transaction)
  11. Aadhar seeding (Rs. 3.75/- per seeding)
  12. Rupay Card Activation (Rs. 3.75/- per seeding)
  13. Term deposit (Minimum 37% or Maximum Rs. 750/-)
  14. APY- Atal pension yojana (Rs. 80/-)
  15. Pradhan Mantri JandhanBima Yojana Accidental death & Unnatural death covered Rs. 2 Lacs for Rs. 330/- (Rs. 17/-)

Apply For Bank Of India CSP

That’s pretty much everything about the questions I hope I helped you through this article thanks for reading this article till the end.

How to Get Bank Of India CSP