SBI -CSP- PPT

1. SBI KIOSK BANKING- CENTERS

2. WHY FINANCIAL INCLUSION BENEFITS TO THE CSP

3. WHY FINANCIAL INCLUSION BENEFITS TO THE CUSTOMERS

4. Kiosk Banking Solution –Service Offering Opening of 'No-Frill Savings Accounts' by kiosk banking module Deposits / Withdrawals of Cash in Savings Accounts Opening of Term-Deposit/Recurring Deposit Money Transfer to any Bank account Current Account/ Term Deposit/Recurring Deposit Aadhaar enabled deposits /withdrawals DBT enabled facility in accounts Loan lead generation & repayments Home Loans/Loan against Property Auto Loans/ Gold Loans/Small & Medium Enterprise (SME) Loans General purpose credit Card (GCC)/ Kisan Credit Card (KCC) Current Account/ Term Deposit/ Recurring Deposit Regular SBI Savings Bank Account Mutual fund on a Referral basis Pradhan Mantri Jeevan Jyoti Bima Yojna / Suraksha Bima Yojna Atal Pension Yojna (APY)

5. Banking Activity

6. Eligibility Criteria

7. Security Deposit Required – for SBI Kiosk Centers

8. Documents Required for- New SBI CSP Centers

9. CSP Code- Gen Process

10. Process at Link Branch End (Due diligence)

11. Now Earn Rs 35@ (Per form) …By Opening of APY A/C

12. APY (Atal Pension Yojna ) APY Online Account Opening-With SBI Bank Account Opening ( Where Client has no Bank A/C) APY Offline ( Where Client has Bank A/C ) APY Registration for Existing Swavalamban Subscribers APY -Pension Calculator: http://www.npstrust.org.in/APYCALC/Atal_Pension_Yojana_Calculator.html

13. THANK YOU

14. Remember: Finger print validation is required for cash withdrawal. Service charges debits. Registration of beneficiary for remittance for sending remittances Balance enquiry Statement of transaction Do’s Visit the authorized SBI CSP/Kiosk Operator outlet only along with your ID Card. Operate your ‘No Frill’ bank account at the CSP site only. Ask your SBI Kiosk Operator to guide you through the transaction. Always ask for a printed receipt of the transaction. Verify that the transaction amount is correct and check your balance in the account. Check the details of beneficiary being added to your account for remittance. Count the cash withdrawn before leaving the counter. Verify the charges with the list of ‘Charges to be paid by customer’ displayed at the CSP. Report any malpractice to Customer Care Centre at ( specific to each BC)/ Branch Manager of link Branch /Channel Management Facilitator. Immediately inform the nearest CSP & our Customer Care Centre in case of lost ID card. Don’ts Don’t give your ID card to any third party. Don’t leave your ID card with the Kiosk Operator. Don’t leave the counter without collecting receipt of your transaction. Don’t accept handwritten transaction receipts from the Kiosk operator. Don’t leave cash with the Kiosk Operator on his request of completion of your transaction later in case of no electricity or non-functional printer. Do’s and Don’ts

15. OFFLINE PROCESS FOR ATAL PENSION ACCOUNT

16. COMMISSION STRUCTURE FOR BC & CSPs (Annexure - '1') ( w.e.f 01.01.2015) S No Particulars Location Total Comission to be shared as 50% (BC & CSP ) 1 Small account opening fee including enrolment RuSu & UrMet Rs 20/. Per account for all 1.a Small account opening fee with initial deposit of minimum Rs 100 RuSu & UrMet Rs 20/ per account + additional Rs 5/ 2 Opening of account RD RuSu & UrMet Rs 20/ per account 3 Opening of accounts STDR ( 1 Y r minimum) RuSu & UrMet 0.5% of amount deposited (max Rs.25/-) 4 Cash Deposit RuSu 0.25 % of the amount ,Min Rs.2/ Max Rs 14/ UrMet 0.25 % of the amount ,Min Rs.2/ Max Rs 14/ 5 Cash withdrawal RuSu 0.50 % of the amount , Min Rs.3/-Max Rs 14/ Urmet 0.50 % of the amount , Min Rs.3/-Max Rs 14/ 6 Deposit into loan accounts RuSu & UrMet 0.40 % of the amount, Min Rs 2/ Max Rs 10/. 7 A/c to A/c remittance (non cash transactions)(home branch A/C s RuSu 1 % of the amount ,Min Rs 3/ -Max Rs 10/ Urmet 1 % of the amount ,Min Rs 3/ -Max Rs 10/ 8 Tatkal Money Remittance to non Home Transactions(Deposite to Core by cash) RuSu & UrMet 1.4 % of the amount Min Rs 17.50 Max Rs 20/- 8a Tatkal Money Remittance to non Home Transactions(Deposite to Core by tranfer) RuSu & UrMet 0.6 % of the amount ,Min Rs 10/- Max Rx 30/ 9 IMPS transaction(Cash) RuSu & UrMet 1.4 % of the amount Min Rs 17.50 Max Rs 20/- 9A IMPS transaction(Transfer) RuSu & UrMet 0.6 % of the amount ,Min Rs 10/- Max Rx 30/ 10 SBI Tiny RuSu & UrMet 0.50 % of limit available as Bf activity to BC at the time of availment 10A SBI Tiny over draft(on repayment) RuSu & UrMet 10 % of interest applied till a/c is standard at monthly interval 11 Incentive in CSPs in Rural Area(both f I p & non fip centers) Rural Rs 2000/-+ normal fee payable subject to opening minimum 25 account per month or minimum 25 trasactions per month 12 Weekly average balance maintenance fee RuSu & UrMet i ) 0.50 % p.a. for average balance<= 500 ii)1.00 % p.a. for avg balance >=501 to <= 1000 iii)1.50 % p.a. for avg balance >=1001 to Rs.5000 iv) 2.00 % p.a. for avg bal>5000 13 Non-zero balance account(each CSP) RuSu & UrMet i) Less thaen 50 % -nill ii) Between 50 % to 74 % -----Rs 500 iii) 75 % and above -----Rs 1000 14 e-KYC verification RuSu & UrMet Rs 5/- per account 15 Aadhar seeding(existing account holders) RuSu & UrMet Rs 5/- per account 16 Inputing valid Contact Number RuSu & UrMet Rs 5/- per account

17. Micro ATM It is a devise to do the following transactions : Deposit b) Withdrawal c) Funds transfer d) Balance Enquiry Devises in micro ATM (as per micro ATM standards) Biometric Scanner Magstrip reader &Pin Pad Printer Connectivity- 2 channels of network connectivity

18. While the number of villages in India is 6,38,365 with a population of 742.5 million the number bank branches in rural areas is only 31,695. The National Sample Survey data as in the year 2001 reveals that 51.4% of nearly 89.3 million farmer households do not have access to any credit either from institutional or non institutional sources. Only 27% of farm households are indebted to formal sources. Only 13 per cent are availing loans from the banks in the income bracket of less than Rs. 50,000.