Services

CSP Facilitation & Financial Inclusion Support

Overview

Bank CSP Kendra provides CSP facilitation and onboarding support services for individuals who wish to work as Business Correspondents (BC / CSP) under India’s Financial Inclusion framework.

We act as a process support and facilitation platform, assisting applicants in understanding the CSP model, preparing documentation, and submitting applications to authorized Business Correspondent partner companies associated with Indian banks.

We do not issue CSP licenses, do not provide banking services, and do not guarantee approvals.
Our services are focused on clarity, compliance, and responsible onboarding.

CSP Application Facilitation

We assist individuals who are interested in becoming CSPs by providing structured guidance throughout the application journey.

What this service includes:

  • Initial guidance on the CSP model
  • Basic eligibility discussion as per FI norms
  • Application flow explanation
  • Clarification on roles and responsibilities

This service helps applicants understand whether the CSP model aligns with their goals before proceeding further.

Documentation & Compliance Support

Correct documentation is a critical part of CSP onboarding.
We assist applicants in preparing accurate, complete, and submission-ready documentation as required by authorized BC partners.

Documentation support may include:

  • Identity & address documentation guidance
  • KYC & verification checklist
  • Business location details support
  • Application form accuracy review

Document requirements may vary depending on partner and bank policies.

Application File Preparation

Once documentation is ready, we help organize and compile the application into a structured file aligned with authorized partner expectations.

Our role:

  • Arrange documents in required format
  • Ensure basic completeness before submission
  • Reduce avoidable errors or rejections

This improves application clarity and processing efficiency.

Submission to Authorized BC Partner Companies

Prepared applications are submitted only to authorized Business Correspondent companies with whom we work under formal arrangements.
These partner companies are officially connected with Indian banks and follow applicable onboarding guidelines.

Bank CSP Kendra does not directly submit applications to banks.

Partner Coordination & Status Support

After submission, we provide process-level coordination support, such as:

  • Clarifying next steps
  • Sharing status updates when available
  • Guiding applicants on follow-up requirements

Final decisions, verification, approval, or rejection are handled solely by the authorized BC partner and respective bank.

 Bank Opportunity Mapping (Through Partners)

Through our partner network, applications may be facilitated for public sector banks including:

Bank allocation depends on location, availability, and partner policy at the time of application.
What We Do NOT Offer

To avoid confusion, we clearly state what is not included in our services:

  • CSP license sale
  • Guaranteed approval or instant activation
  • Fixed or assured income promises
  • Direct banking or transaction services

This transparency helps applicants make informed decisions.

Who Can Benefit from Our Services

  • Individuals interested in CSP / BC opportunities
  • Applicants seeking clear and honest guidance
  • Those who prefer compliant, authorized channels
  • People aiming for long-term CSP business sustainability

Why Choose Bank CSP Kendra

  • Financial Inclusion focused approach
  • Work only through authorized BC partners
  • Clear communication at every step
  • No misleading claims or shortcuts
  • Responsible onboarding philosophy

1

Account Opening

Any CSP can open No Frills or E – KYC savings account and can earn up-to Rs.100 per account opening.

Cash Deposit

Customer can deposit cash in his account through CSP anywhere in India and CSP gets commission on every transaction

Cash Withdrawal

Through AEPS any customer can withdraw cash from his account through CSP outlet, CSP gets up-to Rs 25 on every transaction

Konw More

Money Transfer

Through IMPS, the CSP can transfer money of any customer to any bank in India instantly 24/7 and make good income on every transaction

Atal Pension Yojna

The CSP is authorised to open Atal Pension Accounts and gets up-to Rs. 50 for every such transactions.

Jeevan Bima

CSP can provide government insurance policies to individuals and make good income on every transaction.

Born under the financial inclusion program, SBI Kiosk banking is an initiative by the Reserve Bank of India, through which it allows private entities to offer banking services to low-income

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

YES BANK is one of the pioneer banks which started domestic money transfer under its flagship program YES Money. YES Money has developed a unique platform to meet the remittance need

You can now open your own mini bank branch in remote areas to provide the customer with banking services. The Financial Inclusion plan of government of India aims at making all the