Lucrative Commissions to Earn Via Offering Kiosk CSP Bank Services in the Hinterland
There has been much talk about a booming Indian economy and the recent virus scare is only a minor disruption. However, the experts point out that only a small portion of the household savings is reflected in the economy. One of the major drawbacks of the banking system is that it has not been able to penetrate much into the rural areas. After seven decades of independence there are large parts of India, which have not been covered by the PSU or private banks. The government today is desperate to reach out to these areas and bring them under the formal economy. The intent of the government is praiseworthy and alongside benefitting the rural society, there is also the scope for you to earn some money. Let us discuss more on these lines.
The Kiosk CSP Bank:
There is scope to be involved in the growth of the rural economy and we would insist on the need to apply for a Kiosk CSP Bank Registration. The kiosk bank is an initiative of the industry watchdog RBI and there is scope to seek a license to operate similar to a bank, at the village level. If a certain location is far away from any bank branch, then this model can be applied. The person or organization applying for such a registration can be a frontal organization for multiple banks. The transaction amount may be limited but a customer can expect plenty of services. You can deposit cash and even withdraw money. You can get account statements and even place the order for cheque books. There is also scope to sell insurance policies for LICI.
How do you apply for the CSP?
The term CSP is referred to as a customer service point and we would like to say that the commission payout is lucrative. One would be eager for a Digital CSP Apply and we would only encourage. The process is easy and the first criterion states that you must be over 18 years. You will have to pass the standard 10 examinations and also have basic working knowledge of computers. It is alongside you must be having some form of ID and address proof. Once this criterion is complete you are now eligible to operate a CSP location and offer kiosk banking. The commission payouts are lucrative and one must not miss out on this income opportunity. There is also scope to participate in the rural economic growth.