Wednesday, 15 July 2020

The Bank CSP Concept Offers the Educated Unemployed Village Youth to Make It Big in Banking

The Reserve Bank of India under the guise of a major banking reform has opened up earnings opportunities to the educated but unemployed village youth. You were perhaps pondering over the idea of migrating to the cities in search of a livelihood. However, the bank CSP concept introduced by the central bank offers scope of earnings right at the village levels. It is an arrangement where the RBI has allowed banks under its fold to open customer service points in the hinterland.
 
It is at the CSP point that villagers can open bank accounts and transact like a normal bank. Your role will be of a bank mitra and the activity will be to guide the villagers into the world of banking. There are lucrative commissions to earn and this is the reason for us to suggest that you can always opt for a Bank CSP Apply. The CSP or customer service point refers to the space, which can operate as an office and you can offer baking services to the rural folk.
 
It is easier to open a Bank CSP in the hinterlands for the parent bank rather than having to operate a complete branch. These areas have a thin population density and hence it would be a problem to operate a complete profitable branch in the rural areas. Hence, some of the major banks such as SBI are encouraging CSP points and this is the reason for us to insist on the need to go for a Bank CSP Apply. This format of operations is known as kiosk banking and as a bank mitra you can offer a complete banking package to the end customer.

The customer can open bank account deposit money and even make withdrawals. However, the amount of cash volumes per transaction must take place on a limited scale. The facility surely operates like a normal bank but alongside you are allowed to offer a lot more. You can sell life insurance policies for the government arm Life Insurance Corporation of India. One can also sell IRCTC rail tickets from the CSP point. Hence, there is much scope for work and you can earn significant money via operating such points.

No comments:

Post a Comment