SBI kiosk & Mini Banking services

Banking+

Make your shop Mini bank & provide basic SBI banking services to your customers!!!

SBI Kiosk Banking BC model aims to provide a real time, user friendly banking services to the consumer in their neighborhood. Pay Point India has been a National 'Business Correspondent' for the State Bank of India since 2011. As per this arrangement Pay Point India is authorized to provide Kiosk banking service to its present retail network and create new Kiosk Banking agents across the country.

About SBI Kiosk Banking

A large number of people, particularly the migrant laborers and factory workers do not have a saving account and even not able to open an account due to lack of valid address and ID proof. As a result they face difficulties to save their earnings in a safe place and look out for solution to send money to their families. Through the Kiosk banking solution the following services can be offered:

• Tatkal Money Transfer to any SBI Bank account
• IMPS Transaction/ Balance enquiry
• Deposit / Withdrawal of Cash
• Fixed deposit/E-KYC enrolment
• Aadhar Enabled Payment System(AEPS facility)
• Rupay ATM card/SBI Identity card
• Loan deposit/Recurring deposit
• Social Security Schemes(PMJJY, PMSBY & APY)

What does the retailer get ?

• Association with State Bank of India
• SBI software, user id and password
• Biometric Reader & Software for electronic thumb impression
• Web Software to operate different service (Recharge/Billing/Travel Solution)
• Authorization Certificate of CSP
• Web + SBI Banners
• Logo/Stickers/Leaflets/Contact Matrix
• Commission Structure
• Introduction letter of CSP

Benefits to Retailer through Pay Point India:

• An easy to use application
• Hassle free and simple system
• New Revenue opportunity
• Increase your goodwill & brand name in market
• Banking Business increases customer footfall which is beneficial for existing Business

What does the retailer need?

• PC
• Internet Connectivity
• Printer
• Office or Retail Outlet

SBI Application - Activation Process

• Application Form and Registration fees received by Pay Point team
• Due diligence by PPINL compliance Team
• Application file to SBI local branch
• SBI CSP code received
• BC entry and Terminal mapping by SBI officials
• Welcome kit and scanner dispatched
• Training after kit received

What documents are required?

• Application form
• 2 passport size photo's
• PAN Card (Mandatory)
• Id Proof (Voter id/Driving License/Passport/aadhaar Card etc.)
• Shop Address proof
• Resident address Proof (electricity bill, ration card etc.) 
• Police Verification Certificate
•  Highest Qualification Certificatte
• Computer Literacy Certificate

Please note: Activation of SBI service is subject to approval from SBI

Complimentary services

• Utility bill payment
• DTH & Mobile Recharge
• Air ticket Booking
• Bus Ticket Booking 
• For application form, copy the link below to download and email the filled up.

 https://drive.google.com/file/d/0B2nrCZ2FJVsqYlhOWEE2bG55dGRCTklabUlKc3ZHbHpna3lJ/view?usp=sharing

Currently there are 21 CSPs working in Manipur and still many more on process.... Grab the opportunity and serve your people with honour and respects.........................

Don't miss it... Time and tide waits for none...

  For Details : 

email to : hongsha.khongpungson@paypointindia.com

Sr. Sales Officer-Manipur

+ 91 98565 03954

Pay Point India ATM launched on 4th May 2017

Pay Point India ATM
Introduction
The New Service started by Pay Point India of AEPS ( Aadhar Enable Payment Service) which will enable Transaction of deposit, Withdrawal and Balance Inquiry without Debit/Credit Card on your
fingertips from Aadhar Linked Account. Pay Point India ATM in the Indian context is much different than an ATM. ATM as we know them are cash dispensers. Pay Point India ATMs are hand held point of sale terminals used to provide financial services in remote locations where bank branches and ATM are difficult to establish. Through a Pay Point India ATM one can connect remotely to the banks core banking system and perform financial transactions using fingerprint authentication .These machines are
typically used by business correspondents.

AEPS Micro-ATM POS

Benefits for Retailers
 One Time Investment
 Additional Revenue without extra setup and efforts
 No need to spend extra money for printer
 Easy to use
 Balance Inquiry, WithTimedrawal & Deposit for Any Bank ,Any Account & Any
 Offer complete banking experience to your walking customers
 Training ,installation and Branding Provided
 100% Data secured
 Excellent Shop Signage for increased footfall
 Increase Your Goodwill in the market
 You can carry out recharges , bill payment services for all the
telecom operators and utility providers
 Per Transaction limit -10000/-
 Maximum 5 transaction

Benefits for Consumer
 No charges for withdrawal, deposit & Balance inquiry
 No need to carry credit and debit card
 No need to remember 4 digit Pin
 100% Secured
 Transaction on your Fingertips
 Pay Point India ATMs are faster than going to the bank—No need to stand on long Queue
 Can Withdraw, Deposit and Balance Inquiry on Bank Holidays
 Withdrawal minimum of Rs.100 & Maximum Rs.10000/-
 Deposit minimum of Rs.100 & Maximum Rs.10000/-
 Per Transaction limit -10000/-
 Maximum 5 transaction
Product Price
 Charges for Retailer is Rs.12,500
Market Area – PAN India
 General Store
 Medical Store
 Mall
 Restaurant
 Clinic
 Club
 Near Railway Station/ Bus Stand/ Theater
 Many more…

Commission Structure
Schedule of charges/service fee to be levied on the Customer,
Revenue Sharing and Revenue Payment Mechanism
Withdrawal/ Deposit
Slab for Deposit & Withdrawal Retailer Type
Rs.101/- To Rs.3000/- 0.20% Percentage & Fix
Rs.3001/- To Rs.10,000/- Rs.6/- Fix
Settlement Cycle T+1 working days ( All payout will take place on T+1)
For Details Contact


Thank
You