Apply for Union Bank CSP | Union Bank CSP Registration 2024

Do you want to apply for Union Bank CSP? then read this post carefully. Here, we are sharing the step-by-step process for Union Bank CSP Apply. 

Union Bank of India CSP is established in small villages and towns and the number is increasing day by day. People love to get Union Bank of India banking services in their localities. 

As we know, Union Bank of India is a popular and trusted bank in India. Union Bank of India is also one of the leading public-sector banks. It is a listed entity and the Government of India owns 90% share in the total share capital of Union Bank of India. The headquarters of Union Bank is situated in Mumbai and it was registered on November 11, 1919, as a limited company.

At present time, Union Bank of India has 9100+ branches, 13300+ ATMs, and 11400+ BC Points and with 75000+ employees it is providing services to 120 million customers. Union Bank of India also has three branches in other countries: Hong Kong, UAE, and Australia. 

So, in this guide, you will know more about Union Bank of CSP Apply. 

Union Bank of India CSP Registration 2024

Union Bank of India is the first largest Public Sector Bank in the Country to implement a 100% Core Banking Solution. Recently Corporation Bank and Andhra Bank were merged into Union Bank of India. The total revenue of Union Bank of India was 15, 34, 749 crore rupees at the end of 2020. Union Bank got awards and honours for technology, digital banking, MSME, and growth in human resources.

If you also want to get Union Bank of India CSP in your area, then you can easily apply for Union Bank CSP by reading the steps and following the information listed below.  You have to read the information without skipping any section, otherwise, the Union Bank of India CSP registration can be tough for you.

What is Union Bank of India Kiosk Banking?

Union Bank of India Kiosk is a small booth or a counter from where customers can do their all bank-related work. Union Bank CSP provides all banking services to customers like money deposits, withdrawals, etc. 

Union Bank Customer Service Point is a mini bank where customers can withdraw money from 500 up to 10,000 rupees easily. It also helps customers in opening their bank accounts with zero minimum balance. Customers can get a new ATM card and a passbook after opening a new savings account from Union Bank Kiosk.

Kiosk Banking is a mini branch of a bank where customers can get banking services instantly without getting into a crowd. Union Bank Kiosk was started by the Reserve Bank of India under a digital mission to provide banking services in small villages and towns. 

There are lots of villages in India where no Bank is situated. But from when Union Bank Customer Service Point was established, people are opening their accounts and getting benefits from government schemes. 

Anyone can apply for Union Bank CSP and start their own business. You can easily earn around 15 to 20,000 rupees from opening the Union Bank of India Kiosk in your area.

Union Bank of India CSP Highlights

Name of Post	Union Bank of India CSP Apply
Service Name	Union Bank CSP
Process of Application	Both Offline and Online
Beneficiaries	Indian Citizens
Objective of Scheme	Deliver banking services in rural areas
Scheme Benefits	To Provide banking services to people in rural areas

What is the Eligibility for Union Bank of India CSP?

You have to complete the eligibility criteria to get the Union Bank of India Kiosk. There are some eligibility criteria for Union Bank of India CSP Apply.

1. The age must be 18 years or older of the applicant.
2. The applicant must be a citizen of the area where he wants to open Union Bank CSP.
3. 10 and 12th Pass Certificate.
4. Should have Basic Computer Knowledge.
5. Anyone can apply for Union Bank Customer Service Point, but the retired government employee or retired army soldier can easily get Union Bank Kiosk.
6. Applicants should have at least 100 to 150 sq. feet of shop space.

What facilities are provided by Union Bank of India CSP?

Union Bank CSP or Union Bank of India Kiosk provides banking services, so customers don’t need to go to the Bank.

We have listed below the Union Bank Kiosk Banking services. 

1. New Account Opening
2. ATM card issue
3. Aadhar Card, PAN card, and Mobile Number linking to the account
4. Money Deposit and Withdrawal
5. Money transfer to another account
6. RD and FD account opening
7. Insurance services to customers

Necessary Equipment for Union Bank of India CSP

You will need some necessary equipment for opening Union Bank CSP in your area. So, we have listed all the required equipment you must have for the Union Bank Kiosk. 

1. 2 or 3 laptops or desktops with the latest Windows operating system.
2. Good Internet Connection
3. Fingerprint scanner
4. A normal and coloured printer and scanner
5. Safety drawers for keeping cash and important documents safe
6. Furniture for sitting of customers
7. Stationery products like pens, pencils, glue, stapler, etc.

Important Documents Required for Union Bank Kiosk Banking?

If you are looking to open a Union Bank CSP, then you must have these important documents.

1. Aadhar Card
2. PAN Card
3. Driving Licence
4. Two passport-size photos
5. Residential Address Proof
6. Electricity bill
7. Ration Card
8. Shop lease papers

What are the Benefits Customers can get from Union Bank of India’s Customer Service Point?

Union Bank CSP provides banking services in areas where no bank is available. It is also established in areas where there is a large crowd in the banks. So, to decrease the crowd, a Union Bank Kiosk was established. 

These are some benefits of Union Bank’s Customer Service Point for customers.

1. It saves the time of customers
2. You need to wait in a long queue to get banking services
3. From Union Bank Kiosk Banking, you can withdraw money by using an Aadhar card.
4. You will get your all banking problems solved in almost 1 hour
5. Union Bank CSP employs a minimum 2 people
6. You can earn a good amount of monthly income from the Union Bank Kiosk.

How much can you earn from Union Bank of India CSP?

Union Bank Kiosk Banking doesn’t provide any type of salary. It gives you a good commission for every banking transaction made by the customer. Union Bank provides you a 10 rupees commission for account opening and 0.05% of every money transaction. 

If any customer takes a loan from your Union Bank Kiosk, then you will get an 8-10% commission. So, by getting all commissions you can earn a good amount of money till the end of the month. It is because Union Bank has lots of customers all over India and they will surely visit your Customer Service Point to avoid crowds in the bank. 

How to do Union Bank CSP Registration?

Union Bank of India CSP Apply. If you want to apply for the Union Bank Kiosk, then you have to visit your nearest Union Bank to get the Kiosk form. After that, you need to fill in your important details correctly and attach the necessary documents. 

Submit the Kiosk form to the bank and talk with the Branch Manager. If you find eligible then you can easily open Union Bank Customer Service Point in your locality.

What is the CSP or Kiosk Bank Providers?

There are lots of CSP provider companies that will help you to open Union Bank CSP. But some CSP providers are frauds and they can waste your time and money.

These are some best CSP Provider Companies.

• My Oxygen
• Kiosk Bank
• Customer Service Centre
• Bank Mitra
• Digital India CSP
• AISECT
• VAKARANGEE Ltd. 
• Samar Info Tech
• Pay Point India
• AlanKit

You can choose any one of the above-listed top CSP Providers in India to open Union Bank Kiosk with minimum investment.

Conclusion

Now you know about Union Bank of India CSP Registration 2023. If you are unemployed and looking for a job then Union Bank CSP can help you to earn a good amount of money. You only need to have basic computer knowledge and an intermediate pass certificate.

If you can complete the eligibility criteria and have all the necessary documents, then visit your nearest Union Bank branch to apply for Union Bank CSP. After 15 or 30 days, the bank officials will contact you regarding CSP Registration. They will provide you with the username and password for starting your own business at Customer Service Point.

I hope you got valuable information about the Union Bank CSP application. If you have other queries, then ask us in the comment section.

People Also Ask

What is the minimum investment for opening the Union Bank of India CSP?

You have to invest 1 lakh rupees to open the Union Bank Kiosk successfully.

How can I apply for UBI CSP?

Fulfil the eligibility criteria and submit all necessary documents by filling out the application form for the Kiosk.

How much is the UBI CSP salary?

As we mentioned earlier, banks don’t provide fixed salaries to CSP owners. They provide a commission for every transaction done by a customer.

What is the minimum income of Union Bank CSP?

A UBI CSP owner can easily earn 20 – 25,000 rupees every month. 

How much money can I withdraw from Union Bank CSP?

Customer Service Point allows you to withdraw 500 to 10,000 rupees in a single day.