How does the Kiosk Banking work?
The Kiosk Banking is the inventivenessof the Reserve Bank of India. It is initiated for the people residing in villages or in other distant areas who are unable to get banking services,owing to the non-obtainability of a bank branch in their neighborhood. In such prearrangement, the individual is not obligatory to go the bank to get the banking services. As an alternative, the bank will come to the village where the individual can make the dealings. CSP Bank Mitra BC is the authorized representative of many banks for providing people of remote areas with all the banking facilities they need. Our Kiosk bank service plays a vital role in meeting the entire financial needs of people in areas where there are no bank branches. We offer dedicated services to enable the weaker sections of the civilization or low-revenue groups to access financial services and gain the credit at a more affordable or at a lower cost. Our Kiosks are the small internet-operated booths established in the remote villages where the people can come and gainelementary banking services. The idea behind the working of the kiosk banking is that it is supported to be supported by the banks in public, private, as well as in cooperative sectors by making use of the shops of CSP Bank Mitra BC. Our shops function as a touch point between the customer and a bank where a variety of services of banks, including withdrawals,deposits, remittances in addition to the micro-credit, overdraft, and insurance services could be delivered. This is what we do at CSP Bank Mitra BC, where we are committed to offering our services as a retailer and open a bank account without frills for customers by taking theirphotos and recording their fingerprints and other essential details of the customers. We will then send these details together with the necessary documents to the bank branch to do their processing. As soon as the account is created, the consumerswill be capable of depositing or withdraw their money on any day at any time online at the internet activated kiosk branch of the bank. The main mission of mission CSP Bank Mitra BCis to turn out to be a bank that is capable of maximizing the satisfaction of workers, consumers, and shareholders withthe strong position, status, and corporate characteristics in the marketplace by following a supermarket method to financial services.