CSC Bank Mitra – Complete & Elaborate Guide
Introduction
You might already be aware of the fact that how important banking is these days. Financial world will always need good and reliable banking services. Well, CSC Bank Mitra is here to change and improve a lot of banking aspects for the people of India. without a doubt, this bank mantra has gained a lot of relevance in the present context. Well, this might have popped up in front of you a several number of times. Consequently, making you curious and intrigued. Well, this elaborate blog is going to tell you each and everything about the Bank Mitra CSC.
An Overview of “CSC Bank Mitra” – What is it?
Undeniably, CSC Bank Mitra plays a very crucial role in the financial world of India which keeps on evolving with time. its purpose is to act as a bridge between formal banking and the population that gets undeserved or even exploited. The Bank Mitra has definitely been established as a part of the Digital India initiative by the government of India. Also, the CSCs stand for Common Service Centres. Indeed, CSCs have made a lot of contribution in different aspects. To be more specific, it has made efforts to empower citizens of India from rural as well as semi urban areas. In addition, it has been done so by making all the services which are significant and essential much more accessible to the people. Bank Mitras provide banking services which are facilitated by these CSCs.
Understanding “CSC Bank Mitra” in-depth
Evidently, a Bank Mitra is also referred to as a BC i.e., Business Correspondent. In simple words, a Bank Mitra is basically a representative. And, this representative is known to get appointed by banks. Also, their purpose behind appointing these representatives is to provide basic banking services. Especially I those areas where there is a lack of bank branches. Or, may not be available nearby.
As has been noted, these Bank Mitra representatives operate through CSCs. Basically, CSCs or Common Service Centres are hubs for digital service delivery and very efficient at it. And, they are known to be widespread across the whole nation of India. Hence, a well-connected network. Also, these CSCs have a very strong presence in rural areas. For the same reason, Bank Mitra representatives use CSCs for their own purposes.
“CSC Bank Mitra” – Objectives
Their primary objective is definitely to make banking services available to people. Especially, those individuals who do not have access to essential banking services. Therefore, limited access issue is solved by the deployment of these representatives by the banks. In fact, it can even be said that these representatives help people start their financial journey with a relevant bank. Hence, promoting financial presence with banks. A wide array of financial services gets provided to successfully achieve this objective. This includes services such as opening of new accounts, transfer of money, applying for loans and much more.
What are the kind of services are offered by a CSC Bank Mitra?
Especially, in remote as well as rural areas of India, Bank Mitra representatives have become the face of banking. A variety of services get offered here. That is why it has managed to accumulate such a huge chunk of the India’s population. And, getting them engaged with banking services. Different kind of services provided here are explained below:
- As has been noted, the first step for getting engaged with a bank is to open an account. Account opening is one of the most prominent services provided by these representatives. And, these account openings get initiated under a variety of government schemes. For example, Pradhan Mantri Jan Dhan Yojana (PMJDY).
- Money can be withdrawn as well as deposited using the services of these representatives. And, all of it can be done very securely. That is because these representatives have integrated the use of Aadhaar Enabled Payment System (AEPS). And, that is not all because even Micro ATMs are included.
- Inquiries about bank balances can be made very conveniently. That is because the functioning here is very simplified. Even account statements can be accessed here. This is very crucial in order keep all the financials in check.
- Money transfers have also been made very easy by these Bank Mitra Representatives. They help conduct domestic bank transfers using fast mediums.
- Even loan and insurance applications are entertained by these representatives. They help in processing of applications.
- Lastly, making bill payments is very fast and easy using their services. And not just bill payments but even recharges can be done through here.
Eligibility of becoming a CSC Bank Mitra
- The individual should be a local resident. Specifically, of the particular area where they want to work as a bank Mitra representative.
- Also, the individual needs to have at least passed the 10th
- Meanwhile, knowledge of basic computer operations is also required.
- Lastly, the individual should be ready and expect to go in the training process. These trainings will either be provided by the Bank or the CSC.
Conclusion
Indeed, this was a great initiative by the government of India under the Digital India Scheme. They have managed to connect many underserved and other individuals with banking services. All with the help of these Bank Mitra representatives. Surely, if you wish to become one, you will be paid handsomely by the bank for your work.
FAQs
Q – Under which scheme was Bank Mitra concept established?
Digital India Scheme
Q – What does CSC stand for?
Common Service Centres
Q – What other name does Bank Mitra get referred to as?
Business Correspondent
[AUTHOR – PIYUSH CHAUHAN]
