State Bank of India

A large number of people, living on the boundary line of the socioeconomic structure, particularly the lower income group (LIG), economically weaker society (EWS), labourers, agriculture/ factory workers and women do not have a savings account and moreover they are not able to open such accounts due to lack of valid address and ID proof. As a result they face difficulties in parking their hard earned money in a safer place. 

Through the Kiosk Banking Solution the following services are being offered:

  • Opening of ‘No-Frill Savings Accounts’ by kiosk banking module
  • Deposits / Withdrawals of Cash in Savings Accounts
  • Opening of Term-Deposit/Recurring Deposit/ SHG Accounts
  • Money Transfer to any Bank account
  • Aadhaar enabled deposits / withdrawals
  • DBT enabled facility in accounts
  • Pradhan Mantri Jeevan Jyoti Bima Yojna / Suraksha Bima Yojna
  • Atal Pension Yojna
  • Loan lead generation & repayments