Bank Of Baroda CSP

In order to leverage banking infrastructure in unbanked areas of India, under the Financial Inclusion Plan, the government of India has implemented the idea of Bank of Baroda Kiosk Banking through their business correspondents.

Bank of Baroda CSP or Bank of Baroda Kiosk banking is a concept that has been designed under Public Private Partnership. Here the BOB Kiosk is a private entity that represents Bank of Baroda in a local area where banks are not present in brick and mortar due to scarcity of resources. Such BOB Kiosks offers banking facilities like Cash withdrawal, cash deposit, account opening, money transfer etc. Apart from basic banking facilities, BOB CSP offers financial plans like Pradhan Mantri Jan Dhan Yojna to implement the government schemes.

The concept of Bank of Baroda CSP is designed not only to bring banking services in unbanked areas but also to bring a new employment opportunities among young and educated youth to empower them to find good employment opportunity in their own rural area. Any rural youth who are educated and meet the bank requirements can start with this business of BOB CSP in low investment and earn heavy profits.

Become a BOB CSP: Unlock High Earnings with Bank of Baroda Kiosk Banking

After successful completion of BOB CSP registration, if the candidate meets the requirements and if there is an availability in that region, a BOB Kiosk earns a heavy commission for providing banking services entitled to them. There are various commission structures for various services and each has their own fixed commission as a means of earnings.

In a lifetime – every person needs a bank account, in the absence of a bank the person is going to visit the nearest BOB Kiosk Banking for account opening, the same person will later deposit cash in his/her account, withdraw money every now and then, Transfer money to relatives or business entities, make a fixed deposit for himself etc. For all these services BOB CSP earns a handsome commission.

Apart from a great commission structure, a BOB Kiosk Banking earns name, fame and respect in their local area.

BOB CSP Registration: Learn How to Become a Bank of Baroda CSP

To become a Bank of Baroda CSP, you need to apply for the Bank of Baroda online application or BOB CSP registration in offline format.

Before making a BOB CSP online application, you should meet the following criteria.

  • Should be more than 18 years of age
  • Must have completed education of 10 + 2
  • Should possess a computer and have knowledge for same.
  • Minimum office space to function
  • Minimum investment as guided by Bank of Baroda BC

Once the applicant of BOB CSP registration meets all the criteria, he can apply by online on the Bank of Baroda business correspondents website.

Bank of Baroda BC Point examines the application and the identity documents and reviews if the applicant meets all their requirements, is capable enough to be handed over with this responsibility or not and then may approve or disapprove the BOB CSP registration. In the case of approval, the file is forwarded to the required area bank. The applicant then receives formal training for starting full-fledged Bank of Baroda Kiosk banking.