BANK OF BARODA CSP
In order to leverage banking infrastructure in unbanked areas of India, under the Financial Inclusion Plan, the government of India has implemented the idea of Bank of Baroda Kiosk Banking through their business correspondents.
Bank of Baroda CSP or Bank of Baroda Kiosk banking is a concept that has been designed under Public Private Partnership. Here the BOB Kiosk is a private entity that represents Bank of Baroda in a local area where banks are not present in brick and mortar due to scarcity of resources. Such BOB Kiosks offers banking facilities like Cash withdrawal, cash deposit, account opening, money transfer etc. Apart from basic banking facilities, BOB CSP offers financial plans like Pradhan Mantri Jan Dhan Yojna to implement the government schemes.
The concept of Bank of Baroda CSP is designed not only to bring banking services in unbanked areas but also to bring a new employment opportunities among young and educated youth to empower them to find good employment opportunity in their own rural area. Any rural youth who are educated and meet the bank requirements can start with this business of BOB CSP in low investment and earn heavy profits.
Bank of Baroda CSP, Enhanced and safe banking experience, Hassle-free money transfer, withdrawals and deposits. Long banking hours, outlets accessible as long as they are open. Open no-frills account without minimum balance or charges levied.
After successful completion of BOB CSP registration, if the candidate meets the requirements and if there is an availability in that region, a BOB Kiosk earns heavy commission for providing banking services entitled to them. There are various commission structure for various services and each has their own fixed commission as a means of earnings.
Here is how you can become a Bank of Baroda CSP
To become a Bank of Baroda CSP, you need to apply Here
Before making a BOB CSP online application, you should meet following criterion.
- Should be more than 18 years of age
- Must have completed education of 10 + 2
- Should possess computer and have knowledge for same.
- Minimum office space to function
- Minimum investment as guided by Bank of Baroda BC
