The CSP Bank Services Provider By NICT CSP BC

NETWORK FOR INFORMATION AND COMPUTER TECHNOLOGY

ABOUT US • NICT or Network for Information and Computer Technology is an Indore-based firm.

We are devoted to offering a range of banking services to the rural people or villagers of Madhya Pradesh through our well-established customer service points or CSPs. • NICT, which was established on 31/10/2001, is an ISO 9001:2008 certified company that has been powered by 18 years of service quality in the digital industry of micro payments of services as well as payments in a real-time setting. We are the major Payment Solutions Provider of India and our business entails service aggregation as well as distribution by making use of PoS, mobile, and internet for online disbursement dispensation and money transfer services.

• At NICT, we empower a range of large layout retail chains, bank websites, telecom as well as bank-directed mobile wallets, and government domains to facilitate customers the right to use merchant payments with no trouble.

• With a physically powerful innovation team, the proprietary technology, as well as the app of our firm, is available for merchants, retailers, and customers, on any inclinations of access. The services that we offer can be accessed from an assortment of sources, including online, Point of Sale machines, or through a Mobile Wallet app.

NICT CSP BC Grab A NICT CSP BC and Look to Participate in the Rural Banking Growth StoryÂ

The migration to the cities in search of livelihood is perhaps common amidst the rural educated youth but this now seems to be a thing of the past. The RBI in tandem with the government authorities have undertaken initiatives, which allow the rural youth to earn decent money right at the village level. We would like to state that they have introduced the rural banking theme and it allows the village youth to earn money alongside serving society. They have given leverage to the bank to appoint Bank Mitra positions amidst educated but unemployed youths at the village level. You can take up this position and henceforth make a career with the Indian banking industry NICT CSP BC closer to home. Let me now take you through the role of a Bank Mitra in detail.

There is plenty of cash generated in the rural parts of the country but the absence of banks in the hinterland has led to the rise of chit fund companies in these parts. The business volumes of NICT CSP BC apply can be slightly on the lower side and a branch may find it unprofitable to operate in the interiors. This is precisely where the role of a Bank Mitra is felt. He/she operates on a much smaller scale and at times it could just be a single individual operating on behalf of the bank at the CSP. This is just the reason why this format has been able to cut down on costs and the Bank Mitra can operate the CSP at a profit.

HOW CAN YOU TAKE UP THIS POSITION? There is surely some criterion required prior to you taking up this position. The guidelines issued by the authorities say that you must be unemployed but with the basic idea of computer application. Computer literacy is a must because your NICT CSP BC apply will have to be done online. The next area of focus is a CSP point and you will need it. It is a location, which can operate as a premise from where you offer banking services to the village folk. It is a retail outlet and you must be selective in choosing the place. It should be at some significant distance from any branch of a national bank. One must note that if there is a national bank branch in close vicinity, the villagers with the intent to associate with banking may contact them directly. Hence, there is a need to select the CSP location wisely.

YOU CAN OFFER A LOT MORE THAN BASIC BANKING: We would like to say that this post offers scope of work beyond just banking. Hence, there are more reasons to place the application for NICT CSP BC. You can offer basic banking but on a smaller scale in terms of monetary transactions. It is alongside there is scope to sell insurance policies for government companies such as LIC. There is also scope to sell registered government pension plans. You could also sell recharge coupons for mobile connection. Hence, there is plenty to do and the commission payouts are lucrative. One can feel that this is a nice career prospective for the educated village youth.

ONLINE CSP PROVIDER AND APPLY

The Online CSP Apply will Lead to A Nice Career Prospect for Village Youths • The banking industry is on the verge of a major transformation and this has been possible largely due to the push from the central bank. The specific development is that the central bank with the blessings of the government has drawn up a blueprint to reach out with formal banking facilities into the hinterland. There are vast areas of the country, which are till date beyond the purview of formal banking and online CSP apply. As a result the rural savings often fall into the hands of dubious chit fund companies and hence, it goes in waste. It is a valuable loss in economic resources for the country. The authorities are desperate to stop this trend and hence there is an initiative on the part of the authorities to reach out with formal banking into the hinterland.

Where do you stand here?

These are CSP provider big plans undertaken by the men in power and as a normal village educated youth, one could be wondering as to where you stand. We would like to say that the authorities have drafted this plan keeping in mind the earnings opportunities of the educated rural youth. The key reason for banks to give the hinterland a miss is the low level of population density. Often it becomes difficult for a branch of a nationalized bank to generate profits from the interior areas. It may not be profitable to operate a full capacity branch and hence they are looking to appoint Bank Mitra posts as an alternative.

A look at the fine details:

It is via appointing Bank Mitra posts, a bank can reach out to rural customers on a much lower cost. Are you educated with basic knowledge of computer technology? It is alongside if you can manage a NOC from the local police station, no one can prevent you from applying for the post of a Bank Mitra. You will also need some retail space, which will serve as the customer service point. This can operate as your office space and it should be located at a significant distance from any national bank branch. It is once everything is ready you can contact a CSP Provider to help out in the formal application process.

A look at how you can grow the business:

There is a need to make an online CSP apply and with an expert provider willing to help out, it is only a matter of time that the permissions will arrive. Your priority here will be to offer banking services to the rural folk. A customer can open bank accounts and engage in normal banking such as withdrawing, depositing cash. The customer can also update pass books and place the order for cheque books. It is alongside that you can sell insurance policies on behalf of LIC and pensions schemes to the rural population.

The commissions for offering these services to the rural folk are lucrative and we would like to say that there you can open savings accounts on bare minimum documents. It will be easy to operate as a Bank Mitra at the village level and you can take home lucrative money.

BANK MITRA CSP The days the reforms in the banking industry has allowed the educated village youth a scope to earn a decent income at the village level. The RBI in the quest to reach out with banking into the hinterland has given permission to banks to appoint Bank Mitra posts. The person operating as Bank Mitra will be allowed to offer comprehensive banking services to the rural population. He can operate the Bank Mitra CSP point and villagers who are yet to be a part of the formal economy can get to open bank accounts. The CSP stands for a customer service point and here one can offer all the normal services related to banking.

It is after opening the bank account the customer can get to deposit and withdraw cash. There is also scope to update pass books and apply for cheque books. It is alongside that you get to sell insurance policies and the commission payouts are highly lucrative. Hence, one will be eager to apply for the Bank Mitra CSP and with experts ready to help out; the application will be processed quickly. However, it is significantly important that you qualify for the post of a Bank Mitra. Let me take you through the criterion for this post.

It is never a big deal to opt for a Bank CSP Apply and one of the foremost criteria is that the applicant should be unemployed. The central bank has specially opened up this earnings window for the unemployed but educated youth. It is alongside you will also need some basic knowledge of computer and internet technology. There is also a need to obtain a certificate from the local police station because you will be handling public money and it is important that the person appointed for the post has a good clean record.

It is alongside one must have some retail space and it should be in an area, which is far away from any recognized bank branch. The Bank CSP Apply CSP point should not be very close to a branch or else you will not get the customers. These are some issues, which you need to look into and everything should be fine.

A Look At The Criterion Required to Apply for A Bank Mitra CSP

Main Branch

Regional Office

1137,R.G.Towers,Above Arrow Showroom, Bengaluru- 560038, Karnataka, India.

RDB Boluvered Building, 7th Ep & Gp Floor, Sector-5, Salt Lake City, Kolkata-700091, West Bengal

Phone : +91-8350085402 Email : support@nictcsp.org.in Website : https://www.nictcsp.org.in/