NICT CSP made a venture into the much-required Financial Inclusion sector with many largest banks in India. Through this joint venture, the company delivers conventional financial services to the bank-expelled masses of India by making use of remote biometric-facilitated Technology for Kiosk Banking.
NICT retailers are being chosen as Business Correspondents to the leading banks in India for performing banking transactions in support of the banks. The technology, which is powered by NICT, is an Internet-enabled computer-based technology and very easy to use. Therefore, you can become a BC or Business Correspondents and open consumer accounts at the Customer Service Point Kiosk outlet of the company.
All Kiosk transactions of the chosen banks are bio-metrically protected. Every transaction will come with the printed acknowledgment, which will be issued to the customers. The Kiosk banking of NICT features the back-to-back process of account opening as well as online transactions. Micro savings, as well as Micro payments, can be done through No Frills Savings Bank Accounts at the CSP Kiosks of the company.
The eligible applicants will be appointed as the retailers of NICT as Customer Service Points for Business Correspondents to India’s all leading banks. They can perform all types of banking transactions that are being carried out by these banks. If you become a Business Correspondent for these banks through NICT’s Kiosk Banking, you will be capable of boosting up your earnings. This is a business chance to do the Kiosk banking of all nationalized banks of India in your Retail Outlet. Thus, you will become a Mini-Branch of these banks and you will be catering to the banking needs of rural people easily and effectively.
When you become a retailer of NICT kiosk banking, you will be capable of offering a range of banking services to people in your rural area, including:
- Money transfer to the account holders of other banks in other places
- Withdrawal of money
- Deposit of Cash
- The existing limit of Rs 20,000 for each day for each account holder
Some of the notable benefits that you can get after becoming a retailer of Kiosk banking of the company include:
- You will be eligible for a new income stream.
- You can make the money transfer of your customers easy.
- Even a current bank account holder can be your consumer.
- You will be considered a trusted source by the people for their money transfer with a strong trademark name.
Above all, you will get substantial benefits from NICT on other services with an augmented customer footfall.
As a kiosk banking retailer of NICT, you can offer a range of benefits to your customers. You can allow your customers to maintain a zero balance account. This means that your customers do not need to maintain any amount as a minimum to operate their savings bank account. Moreover, if a customer will provide the Know Your Customer within one year or two years maximum, they can have a maximum balance of Rs 50000. You can allow your customers to open a new bank account with zero balance under the Pradhan Mantri Jan-Dhan Yojana with the maximum KYC Limit of Rs. 12 lakhs.