SBI Kiosk Banking. State Bank of India is a very popular and trusted bank all over India. There are millions of customers who like the services of SBI. So, for the customers’ facilities, this bank is now establishing the State Bank of India Kiosk centre.
When the Digital India Mission launched, a banking scheme was also launched named Pradhan Mantri Jan Dhan Yojana. This scheme helps people to open new savings accounts with zero balances. So, lots of people now want to visit the bank but because of the high crowd, they cancel their plans.
State Bank of India started establishing SBI CSP to provide banking services and benefits to customers. Now people can easily get every banking service with small transactions in SBI Kiosk. SBI BC Point is established mostly in areas where no bank is available. So, you can open SBI CSP and start earning good profits.
SBI Kiosk Banking – Highlights
|Article Name||SBI Kiosk Banking|
|Service Name||SBI Kiosk|
|Application process||Both offline and online|
|Benefits of scheme||To provide easy banking services to rural customers|
|Aim of the scheme||Provide banking benefits and government schemes to rural citizens|
|Official website||Click here|
What is SBI Kiosk Banking?
There are some SBI kiosks established in every area and village of the country that provide banking services to customers. So, we can say that SBI Kiosk Banking is a mini branch of the bank that provides banking benefits to rural citizens.
SBI CSP helps customers open their new savings accounts and also issues ATM Cards and passbooks to them. You can deposit and withdraw cash in SBI Kiosk without spending lots of money, unlike the main bank.
The main benefit of State Bank of India CSP to the customers is that they can withdraw cash up to 10,000 rupees by using an Aadhar Card. This facility is not available in the bank, so it can be a useful benefit for customers.
State Bank of India is currently working on increasing its SBI Customer Service Point to connect more people to the banks. The main objective of the SBI Kiosk is to connect rural citizens to the banks and decrease the crowd in the bank.
SBI Kiosk Banking is also the best business opportunity for the person who lives in an area where no banking services are easily available. So, by opening SBI CSP, you can provide banking services and earn a good stable income.
What is the Eligibility for SBI Kiosk Banking?
You have to complete some eligibility to get SBI Kiosk Banking. We have listed below the eligibility for SBI CSP Apply.
- Your age must be 18 years old or more for SBI Kiosk to Apply
- Required educational qualification is 10th and 12th pass
- You should have basic knowledge of Computer
- The applicant must be a resident of the shop area
- Any Indian Citizen can Apply For SBI Kiosk, but retired government employees and army persons will get CSC SBI CSP easily
- You must have office or shop space of a minimum of 75 to 150 sq. ft.
Necessary Equipment for SBI Kiosk Banking Apply
There is some necessary equipment which you have to buy or arrange for SBI Kiosk Apply.
- Laptop or Desktop in good working condition
- Minimum OS of Windows 7 Installed
- Good WiFi Connection
- Internet Backup of 8 hours
- Good Electricity Connection
- Electricity backup of 8 hours
- Safety Drawers for cash and documents
- Fingerprint Scanning device
- Card swiping machine
- Good furniture
- Stationery products
Documents Required for SBI Kiosk Banking
You have to arrange some documents which are necessary for SBI Kiosk Banking.
- Aadhar Card
- PAN Card
- 4 Passport size photographs
- Driving License
- Electricity bill
- Ration Card
- Residential Address Proof
- 10 and 12th pass Educational Certificate
- Basic Computer Knowledge Certificate
- Address proof of Shop area
- Police Verification Certificate
- IIBF Certificate
What are the facilities provided by SBI Kiosk Bank?
SBI CSP provides you with different kinds of banking services, so customers don’t need to visit the bank.
These are the banking services offered by the State Bank of India CSP.
- New savings account opening
- Issuance of ATM Card and Passbook
- Bank account linking with Aadhar Card, PAN Card, and Mobile number
- Easy cash deposit and withdrawal
- Money transfer services
- International Money Transfer
- RD and FD account opening
- Easy cash withdrawal with Aadhar Card
- Insurance benefits
- Loan facilities
How to apply online for SBI Kiosk Banking?
Now we have come to the main section where you will know about the application process. So, you need to know that there is no online form available for SBI Kiosk. If you see a form on any website, then it can be a fake or spammy website.
For genuine SBI CSP Registration, you have to visit your nearest SBI and get a Kiosk form from the bank employees. Fill out the form by entering your details carefully. After that, submit the form by attaching the necessary documents to the bank.
The process is not yet completed, because now you have to have a conversation with the Bank Manager about your application for SBI Kiosk Banking. If the application gets accepted and you find it eligible, then you will open your SBI Customer Service Point shortly.
What are the features of SBI Kiosk Banking?
These are some essential features of Kiosk Banking of the State Bank of India.
- No need to maintain a minimum balance to manage a savings account
- The maximum balance can be maintained only up to Rs. 50,000. After Rs. 50,000, the account will be converted into a regular account
- Daily transaction limit of only Rs. 10,000
- The account holder can only do cash transactions in kiosk banking
- No signature is required to access a savings account. The account can be accessed through a thumb fingerprint.
- It provides accidental insurance cover of Rs. 10,000
- It helps to open RD and FD Account
What are the benefits of SBI Kiosk Banking for Customers?
As we mentioned earlier, SBI established its SBI CSP mostly in the rural areas and villages where no bank is situated. In big cities, SBI Kiosk helps to reduce the crowd from the bank, so the customers can do their banking work easily.
There are lots of benefits of SBI Kiosk Bank that you need to know:
- It helps people to deposit and withdraw cash instantly
- This saves precious time for the customers
- You can withdraw cash in SBI Kiosk by using your Aadhar Card and ATM Card
- SBI CSP solves your all banking queries in 1 or 2 hours
- You don’t need to wait in a long queue to deposit and withdraw cash
- State Bank of India CSP provides employment for 2 or 3 people
- SBI Kiosk Banking helps you to earn a good stable income
What are the Best CSP Provider Companies for SBI Kiosk Bank?
In this section, you will learn about the best and most genuine CSP Providers that will help you in getting SBI Customer Service Points. You have to be away from some fraud companies which also claim their genuine services but they will run away after taking money from you.
So, these are some best CSP Provider Companies.
- Kiosk Bank
- My Oxygen
- Digital India CSP
- Bank Mitra
- Samar Info Tech
- Pay Point India
- Common Service Center
- VAKRANGEE Ltd
- Grahak Seva Kendra
All these companies are genuine and have more than thousands of centres established all over India.
How much is the investment in SBI Kiosk Banking?
You don’t need to pay any amount of joining or registration fees to get SBI Kiosk Banking in your area. The applicant only needs to spend some amount of money in buying some equipment which is necessary for the working of State Bank of India Kiosk Banking. You need to buy equipment such as a computer, laptop, printer, fingerprint scanning device, scanner, etc.
Apart from this, the applicant has to invest money in arranging electricity and WiFi connection which is also necessary to open the State Bank of India Kiosk. If we take a look at the average amount of investment, you need to invest around 1 lakh rupees to start working at SBI Kiosk.
How to open SBI Kiosk Banking by Kiosk Bank
Kiosk Bank is a business services provider for most of the popular banks in India. It has participation with some big banks like PNB, SBI, BOB, etc. Kiosk Bank helps to establish SBI Kiosks in Tier I to Tier IV cities.
It allows customers to do cash transactions easily through ATM Cards and other means. If you are a customer, then you can get other services apart from banking services like Bill Payment, Mobile Recharge, water, Electricity bills, etc.
As we mentioned earlier, it provides CSP services to the banks named ICICI Kiosk, SBI Kiosk, PNB Kiosk, BOI Kiosk, Oxygen Kiosk, Sanjivani Kiosk, etc. Nowadays, the process for setup and registration of SBI Kiosk Banking in 7 days is very easy. By opening the SBI Kiosk, you will get awards, mini banking services, benefits on services, and good commission.
How to Open SBI Kiosk Banking with My Oxygen
Oxygen came into the market in 2011 to provide financial services. It has participated with a popular bank, State Bank of India, and started establishing SBI BC Point. This started providing banking services to customers by using Biometric technology.
State Bank of India selected My Oxigen retailers as their Business Correspondent. So, if you are looking for a business opportunity, then you can also become an SBI Business Correspondent and provide banking services to customers. The technology of Oxygen is completely Internet and PC based which is very easy to use.
It provides safe cash transactions to customers with the help of a biometric system. SBI Oxygen Kiosk Banking helps customers to open zero-balance savings accounts. For every transaction, you will get a printed receipt.
How much is the earning in SBI Kiosk Banking?
You are a business owner of your SBI Kiosk, so SBI doesn’t provide you with any kind of fixed Incentive or salary for providing banking services to customers. But, you can earn through the commission which is provided for every transaction.
As we know, SBI is a very big and trusted bank having lots of customers. So, there is a high chance that more SBI customers will visit your SBI kiosk to deposit and withdraw cash. The more customers you get, the more commission you will earn every day.
If we talk about average monthly income, then SBI Kiosk helps you to earn around 15 to 25,000 rupees every month.
State Bank Of India CSP Registration Form Download
If you want to get State Bank Of India Kiosk Banking, then we are sharing its registration form below. You can download the form and print it through a printer. After that, you can fill out the form and submit it to your nearest branch of State Bank of India. It will help you to proceed with your application for Kiosk Banking to another step.
SBI Kiosk Banking Form – Download Now
SBI Bank BC Commission Chart PDF Download Download Now
|SBI Services||BC Commission|
|SB account opening with a deposit of fewer than 100 rupees||Rs. 15/- per a/c|
|SB account opening with a deposit of 100 to 500 rupees||Rs. 20/- per a/c|
|RD Account Opening||Rs. 15/- per a/c|
|STAR||0.50% of the deposit amount|
|Cash deposit||0.25% of the transaction amount|
|Cash Withdrawal||0.50% of the transaction amount|
|Remittance (Cash)||1% of the amount remitted|
|Remittance (Transfer)||1% of the amount remitted|
|IMPS (Cash)||1.25% of the amount remitted|
|IMPS (Transfer)||1.25% of the amount remitted|
|Bill Payment||Rs. 4/- to Rs. 12/-|
|Mobile Recharge||Rs. 4/- to Rs. 12/-|
|DTH Recharge||1.25% of the bill amount|
|Rural CSP (Incentive)||Rs. 2000/-|
|Aadhar Seeding||Rs. 5/- per account|
|Mobile Number Seeding||Rs. 5/- per account|
|Issuance of Green PIN and Rupay ATM Cards||Rs. 5/-|
|Mini Statement||Rs. 2/- per statement|
|Passbook Printing||Rs. 5/-|
|APY||Rs. 80/- to Rs. 100/-|
SBI Kiosk Banking Customer Care Number
If you face any problem in opening SBI BC Point, then you can contact the State Bank of India through their helpline number.
SBI helpline number:
1800 11 2211
1800 425 3800
The Banking Guides Official Social Media
|Official website||Click here|
SBI Kiosk Banking is a popular and trending business nowadays in areas where no bank is situated. To manage money, every person needs a savings account in the bank. As we know, SBI is a popular bank in India, so people mostly like to get SBI banking services.
If you are an educated person and looking for some serious business ideas, then you must open SBI CSP. By opening it, you can easily earn a good stable income in your locality while providing banking services to customers.
I hope you enjoyed this post and got valuable information about SBI Kiosk Banking. If you have any suggestions or queries, then mention them below in the comment section.
People Also Ask
What is the meaning of Kiosk Banking in SBI?
SBI Kiosk Banking is a mini branch of the Bank which provides banking and bill payment services to customers.
How to get SBI Kiosk Banking?
- Visit your nearest SBI Bank
- Fill Kiosk Form
- Submitted necessary documents
How to check SBI Kiosk Balance?
- Use your ATM card in the machine
- Enter your PIN
- Select the ‘Balance Enquiry’ option
- Complete transaction
What is the maximum limit of an SBI Kiosk account?
In SBI BC Point, you can do cash transactions only up to Rs. 10,000/- per day.
What are the benefits of SBI Kiosk Banking?
It provides benefits to customers like:
- Cash deposit
- Cash Withdrawal
- Issuance of ATM Card and passbook
- Loan facility
- Bill payments
What is the average income in SBI CSP?
By opening the SBI Kiosk, you can earn an average monthly income of Rs. 10 to Rs. 14 lacks per year.
What is the major difference between an ATM and a Kiosk?
SBI Kiosk allows you to withdraw cash by using a Passbook, Aadhar Card, or ATM Card. On the other hand, an ATM allows you to withdraw cash by using an ATM Card only.
what is SBI Kiosk Banking?
SBI kiosk banking refers to a service offered by the State Bank of India (SBI) that allows individuals to carry out banking transactions through an SBI kiosk. These kiosks are essentially mini-branches or banking points that provide basic banking services, such as depositing money, withdrawing money, and opening savings accounts.
SBI kiosk banking is particularly useful for individuals who live in remote areas or have limited access to traditional banking services. The kiosks are typically located in areas where there are no bank branches, and they operate as an extension of the bank’s services.
To use SBI kiosk banking, customers need to register themselves with the bank and obtain a unique user ID and password. They can then visit the nearest kiosk to carry out transactions using their ID and password.
Overall, SBI kiosk banking is a convenient and accessible way for individuals to carry out basic banking services, particularly in areas where traditional banking services are limited.
what is SBI kiosk banking?
SBI kiosk banking is a service provided by the State Bank of India (SBI) that allows customers to access basic banking services through a network of authorized kiosk banking agents. These agents are typically small business owners or entrepreneurs who have partnered with SBI to offer banking services in their local communities.
Through SBI kiosk banking, customers can perform a variety of transactions such as depositing and withdrawing money, opening a new account, transferring funds, paying bills, and obtaining mini statements. This service is particularly useful for people who live in rural or remote areas where traditional banking services may not be readily available.
To use SBI kiosk banking, customers must first visit an authorized kiosk banking agent and provide the necessary identification and account information. The agent will then process the transaction on behalf of the customer and provide a receipt for the transaction. SBI kiosk banking is a convenient and accessible way for customers to access basic banking services in their local communities.
how do check the SBI kiosk account balance?
To check your SBI kiosk account balance, you can follow these steps:
- Visit your nearest SBI kiosk banking agent.
- Provide your account details and identification to the agent.
- Ask the agent to check your account balance.
- The agent will then process the request and provide you with the current balance of your account.
Alternatively, you can also check your SBI kiosk account balance through the SBI Anywhere or SBI YONO mobile apps. To do this, you will need to link your kiosk account to your mobile banking account first. Once linked, you can simply log in to the app and check your account balance from the dashboard.
how do check the SBI kiosk account balance on mobile?
To check your SBI kiosk account balance on mobile, you can use the SBI Anywhere or SBI YONO mobile app. Here are the steps to follow:
- Download the SBI Anywhere or SBI YONO app from the App Store or Google Play Store.
- Open the app and log in with your credentials (user ID and password).
- Once logged in, go to the dashboard or home screen of the app.
- Look for the option to check your account balance.
- Select your kiosk account from the list of accounts displayed.
- The app will then display your current account balance.
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