PowerPoint Presentation

SBI KIOSK BANKING-CENTERS

WHY FINANCIAL INCLUSION

BENEFITS TO THE CSP

SELF EMPLOYMENT AT THE DOORSTEP

SBIS STRONG BRAND EQUITY

SOCIAL RECOGNITION

PERFORMANCE LINKED INCENTIVES

ATTRACTIVE REMUNERATION

WHY FINANCIAL INCLUSION BENEFITS TO THE CUSTOMERS

NO QUEUE

DBT/DBTL , SOCIAL SECURITY SCHEMES, MUDRA LOAN

8 AM TO 8 PM

EASY ACCESSIBLE

DOOR STEP BANKING/LOCATION

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)

Banking Activity

Account Opening

Cash Withdrawal

Cash Deposit

Money Transfer

Eligibility Criteria

Education qualification should be minimum SSC or 10TH standard pass.

Person with basic computer literacy & accounting knowledge to be preferred.

Candidate should be resident of the village/area where he is supposed to be appointed.

Knowledge of local area, language & culture is a must.

Non affiliation with any political/religious organization.

Absence of any criminal record.

Due diligence involving candidates reputation, financial literacy, cash handling capability, ability to implement technology to be done

Security Deposit Required for SBI Kiosk Centers

Existing -TIN Centers (Having Rs 1 Lakh Security Deposit)

Free of Cost

Existing - PAN Centers (Having Rs 50,000 Security Deposit)

Free of Cost

SBI CSP Only

Rs 25,000 (Refundable )

Documents Required for- New SBI CSP Centers

Annexure A & B

BC-Authority Letter ( To approach Link Branch )

Affidavit ( @ Stamp Paper )

Scoring Sheet (under BC Code).

KYC Document (Copy of PAN Card & Aadhar Card Mandatory)

Proof of Educational/Professional Qualification

Ownership Detail- copy of Title Deed/ Rent Agreement/Lease Deed

Police Verification Copy

SBI Bank Account Detail (For Commission Credit )

Info to RBFI ( For Terminal Id )

Due diligence Letter (Form Link Branch )

CSP Code- Gen Process

Branch need to submit Proposed document (along with Due diligence Report) at regional offices

Regional offices will Update the same in SBI Application Module.

HO-BC - Will generate the User code Ref for the Complete Application Forms (As per revised LHO Guidelines).

Regional Offices Will follow-up with (SBI-LHO ) for CSP-Code in lieu User Code

Once CSP Code issued BC will send the info to RBFIfor Terminal Mapping .

Process at Link Branch End (Due diligence)

Link branch Manager will check & verify the Documents.

Link branch Manager will visit the CSP Branch

Link Branch Manager will issue the due diligence certificate .

Link Branch Manager will inform the Regional Office-> LHO ->RBFI.

BC will sent the mail to RBFI for Terminal ID mapping /Activation .

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

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

THANK YOU

Remember:Finger print validation is required for cash withdrawal. Service charges debits.Registration of beneficiary for remittance for sending remittancesBalance enquiryStatement of transactionDosVisit 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.DontsDont give your ID card to any third party.Dont leave your ID card with the Kiosk Operator.Dont leave the counter without collecting receipt of your transaction.Dont accept handwritten transaction receipts from the Kiosk operator.Dont leave cash with the Kiosk Operator on his request of completion of your transaction later in case of no electricity or non-functional printer.

Dos and Donts

OFFLINE PROCESS FOR ATAL PENSION ACCOUNT

COMMISSION STRUCTURE FOR BC & CSPs (Annexure - '1') (w.e.f 01.01.2015)

S NoParticularsLocationTotal Comission to be shared as 50% (BC & CSP )1Small account opening fee including enrolmentRuSu & UrMetRs 20/. Per account for all1.aSmall account opening fee with initial deposit of minimum Rs 100RuSu & UrMetRs 20/ per account + additional Rs 5/2Opening of account RDRuSu & UrMetRs 20/ per account 3Opening of accounts STDR (1 Yr minimum)RuSu & UrMet0.5% of amount deposited (max Rs.25/-)4Cash DepositRuSu0.25 % of the amount ,Min Rs.2/ Max Rs 14/UrMet0.25 % of the amount ,Min Rs.2/ Max Rs 14/5Cash withdrawalRuSu0.50 % of the amount , Min Rs.3/-Max Rs 14/Urmet0.50 % of the amount , Min Rs.3/-Max Rs 14/6Deposit into loan accountsRuSu & UrMet0.40 % of the amount, Min Rs 2/ Max Rs 10/.7A/c to A/c remittance (non cash transactions)(home branch A/CsRuSu1 % of the amount ,Min Rs 3/ -Max Rs 10/Urmet1 % of the amount ,Min Rs 3/ -Max Rs 10/8Tatkal Money Remittance to non Home Transactions(Deposite to Core by cash)RuSu & UrMet1.4 % of the amount Min Rs 17.50 Max Rs 20/-8aTatkal Money Remittance to non Home Transactions(Deposite to Core by tranfer)RuSu & UrMet0.6 % of the amount ,Min Rs 10/- Max Rx 30/ 9IMPS transaction(Cash)RuSu & UrMet1.4 % of the amount Min Rs 17.50 Max Rs 20/-9AIMPS transaction(Transfer)RuSu & UrMet0.6 % of the amount ,Min Rs 10/- Max Rx 30/ 10SBI TinyRuSu & UrMet0.50 % of limit available as Bf activity to BC at the time of availment10ASBI Tiny over draft(on repayment)RuSu & UrMet10 % of interest applied till a/c is standard at monthly interval11Incentive in CSPs in Rural Area(both f I p & non fip centers)RuralRs 2000/-+ normal fee payable subject to opening minimum 25 account per month or minimum 25 trasactions per month12Weekly average balance maintenance feeRuSu & UrMeti) 0.50 % p.a. for average balance=501 to =1001 to Rs.5000iv) 2.00 % p.a. for avg bal>500013Non-zero balance account(each CSP)RuSu & UrMeti) Less thaen 50 % -nill ii) Between 50 % to 74 % -----Rs 500iii) 75 % and above -----Rs 100014e-KYC verificationRuSu & UrMetRs 5/- per account15Aadhar seeding(existing account holders)RuSu & UrMetRs 5/- per account16Inputing valid Contact NumberRuSu & UrMetRs 5/- per account

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

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.