Baroda CSP stands for “Baroda Customer Service Point” it is a business correspondent of a bank that provides banking services to the customers in the unbanked and under-banked areas of India. Baroda CSPs are authorized to provide services such as opening new accounts, depositing and withdrawing money, and making loan applications on behalf of the […]
Category: BOB Software
BOB Kiosk Banking, BOB CSP, BC Commission chart 2021-22
BOB Kiosk Banking, BOB CSP, BC Commission chart 2021-22
BOB BC 10 lakhs Insurance (COVID-19)
Outbreak of coronavirus (COVID-19) – Mandatory PMJJBY & PMSBY enrolment of BCs. As per point 4 of the welfare measures i.e. an exgratia of Rs.10 lakhs shall be paid by bank of the deceased BC Agents nominee in case of unfortunate death of active BC due to COVID-19.
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BOB CSP Software
Business Correspondent (BC) – An Introduction Business correspondents are bank representatives. They help villagers to open bank accounts. Business Correspondents get commission from bank for every new account opening, every transaction made via them, every loan-application processed etc. The Business Correspondent carries a mobile device and helps villagers in banking transactions. (Deposit money, take money […]
