SBI KIOSK BANKING-CENTERS

WHY FINANCIAL INCLUSION BENEFITS TO THE CSP

SELF EMPLOYMENT

AT THE DOORSTEP

SBI’S 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/LOCA

TION

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 candidate’s reputation, financial literacy, cash handling capability, ability to implement technology to be done

Security Deposit Required – for SBI Kiosk Centers

SBI CSP Only

Rs 25,000 (Refundable )

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

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

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 RBFI–for 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 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

OFFLINE PROCESS FOR ATAL PENSION ACCOUNT

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

S NoParticulars 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 Yr 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/Cs

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

Micro ATM It is a devise to do the following transactions :a) Deposit b) Withdrawal c) Funds transferd) Balance Enquiry Devises in micro ATM (as per micro ATM standards)a) Biometric Scannerb) Magstrip reader &Pin Padc) Printerd) 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.