Monday 27 July 2020

Set Up an Online Bank Mitra BC CSP and Look to Develop A Career

The Indian banking sector offers a ray of hope to the educated rural youths on the lookout for a decent living, but close to the soil. We say it because one can apply for an online Bank Mitra BC CSP at the village level.  The Indian banking industry has got permission from RBI to appoint mini bank mitra’s at locations, which are far away from a normal bank branch. There are professionals ready to help you out with Apply for Oxigen CSP formalities once you are determined to make a career in rural banking. 

These days some of the top Indian banks are encouraging to set up such agency banking formats in the rural areas. The list includes the big boy of Indian banking State Bank of India. You could open a CSP point and operate as a mini bank mitra for the parent branch. In this format of banking you also do a social service by helping the rural poor to channelize the savings into the formal economy. 

If you are tenth standard pass and with basic computer knowledge one can apply for an online Bank Mitra BC CSP facility. You will need to have retail space to set up the CSP or customer service point and also avail a positive police report. Your location is now a registered agency for the parent bank and once your apply for Oxigen CSP formalities are complete, one can start with the process of opening accounts. The location can operate like a normal bank where the account holder can deposit, withdraw money but on slightly smaller volumes. There is also scope to sell insurance policies and IRCTC tickets from the CSP point.

The accounts can be opened with minimum documents and at times the transactions are allowed on the finger prints. The commission and payouts for offering such a service are lucrative. Hence, can earn money and at the same time offer a social service to the rural folk of India. There are plenty of village youths who have joined in and at this moment earning good money. You could always join in the fold soon.