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A Quick SBI CSP Apply Should Be The Source To A Lucrative Career Option at The Village Level

Author: Bank Mitra Bc
by Bank Mitra Bc
Posted: Oct 17, 2020

The central bank of this country, RBI has decided to aggressively promote banking in the rural hinterlands and it serves two basic purposes. It is even after 73 years of independence that the rural folk are still yet to enjoy the benefits of formal banking. These areas generate cash but due to the absence of formal banking channels the savings fall into the hands of dubious chit fund companies. It often goes to waste and it is to channelize the savings into the formal economy that they have taken this step. They have a full proof plan in the form of kiosk banking and it handles the core reason as to why formal bank branches have failed to enter the hinterlands for all these years.

The volume of transactions in the hinterland is surely on a much smaller scale and a complete bank branch will find operations unprofitable. A kiosk bank on the contrary operates on a much smaller scale and there is just one representative. Hence, in spite of the transaction volumes being on the lower side, it should not impact the banks overall profitability much. We have mentioned earlier and would like to repeat that this plan serves two basic purposes. It invites the rural folk into the world of formal banking and they can grow the savings. The second aspect we would like to point out is that the scheme is a great earnings opportunity for rural educated youths. You will find out after getting in touch with a CSP Provider.

We have mentioned earlier that such banking points can be operated by a single individual and it could be you. The post is referred to as bank mitra and if you are educated, one can apply for it. We would also like to offer an update on the term CSP. It is referred to as the customer service point and this is a retail outlet, which you will have to arrange somehow. This space could also be a part of your ancestral property and one will just have to make sure that it is located at some distance from a formal bank branch. If you are located too close to a branch, there is always a possibility that customers will walk into the branch and avoid your outlet.

The bank mitra post is reserved for the unemployed but educated village youth and the other thinking behind this concept is to generate employment at the village level. The remuneration for operating a CSP point is lucrative and we would insist on the need to opt for a SBI CSP Apply. Your function is to reach out with formal banking to the village folk and the brand of SBI should help a lot. You should find it a lot easier to convince customers to open bank accounts with SBI. It is from a CSP location, you can offer a lot more as there is scope to sell insurance policies. You can even recharge prepaid mobile phones. The earnings scope is diverse and it is a nice career option close to the village level.

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Bank Mitra BC is the technology service provider and business correspondent to several banks.It was formed with the aim of serving the customers of various banks with their best facilities.

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Author: Bank Mitra Bc

Bank Mitra Bc

Member since: Dec 19, 2018
Published articles: 7

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