Paypoint CSP is a Business Correspondent and Technology Service Provider to multiple banks. It has partnerships with few of the biggest banks in India like State Bank of India (SBI), ICICI Bank, Yes Bank, Punjan National Bank, Union Bank of India etc. Online CSP leverages existing retail shops, telecom connectivity and banking infrastructure to extend branchless banking services to a common man.
Make your shop Mini bank & provide basic banking services to your customers!!! Kiosk Banking under Ruler banking Authority BC model aims to provide a real time, user friendly banking services to the consumer in their neighborhood. kiosk Pay Point India has been a National ‘Business Correspondent’ for the SBI/PNB/BOB/UBI/CBI since 2011 under Ruler Banking Authority ( Online CSP) As per this arrangement online csp pvt ltd is authorized to provide Kiosk Banking under Rural banking Authority service to its present retail network and create new Kiosk Banking under Ruler banking Authority agents across the country.
What does the retailer get ? |
Benefits to Retailer |
What does the retailer need? |
- Association with Concerned Bank.
- Bank software, user id and password
- Biometric Reader & Software for electronic thumb impression
- Web Software to operate different service
- Authorization Certificate of CSP
- Web + Concerned Bank Banners
- Logo/Stickers/Leaflets/Contact Matrix
- Commission Structure
- Introduction letter of CSP
|
- An easy to use application
- Hassle free and simple system
- New Revenue opportunity
- Increase your goodwill & brand name in market
- Banking Business increases customer footfall which is beneficial for existing Business
|
- PC
- Internet Connectivity
- Printer
- Office or Retail Outlet
|
Paypointcsp is a Business Correspondent and Technology Service Provider to multiple banks. It has partnerships with few of the biggest banks in India like State Bank of India (SBI), ICICI Bank, Yes Bank. Online CSP leverages existing retail shops, telecom connectivity and banking infrastructure to extend branchless banking services to a common man.
Make your shop Mini bank & provide basic banking services to your customers!!! Kiosk Banking under Ruler banking Authority BC model aims to provide a real time, user friendly banking services to the consumer in their neighborhood. kiosk Pay Point India has been a National ‘Business Correspondent’ for the SBI/PNB/BOB/UBI/CBI since 2011 under Ruler Banking Authority ( Online CSP) As per this arrangement online csp pvt ltd is authorized to provide Kiosk Banking under Rural banking Authority service to its present retail network and create new Kiosk Banking under Ruler banking Authority agents across the country.
Paypointcsp is a Business Correspondent and Technology Service Provider to multiple banks. It has partnerships with few of the biggest banks in India like State Bank of India (SBI), ICICI Bank, Yes Bank. Online CSP leverages existing retail shops, telecom connectivity and banking infrastructure to extend branchless banking services to a common man.
Make your shop Mini bank & provide basic banking services to your customers!!! Kiosk Banking under Ruler banking Authority BC model aims to provide a real time, user friendly banking services to the consumer in their neighborhood. kiosk Pay Point India has been a National ‘Business Correspondent’ for the SBI/PNB/BOB/UBI/CBI since 2011 under Ruler Banking Authority ( Online CSP) As per this arrangement online csp pvt ltd is authorized to provide Kiosk Banking under Rural banking Authority service to its present retail network and create new Kiosk Banking under Ruler banking Authority agents across the country.
What does the retailer get ? |
How to Enroll? |
Benefits: |
- The Atal Pension Yojana (APY) is open to all Indians between the age of 18 and 40. This allows an individual to contribute for at least 20 years before reaping the benefits of the scheme. Any bank account holder who is not a member of any statutory social security scheme can avail of the scheme.
- All existing members of the government’s ‘Swavalamban Yojana NPS Lite’ will automatically be migrated to the Atal Pension Yojana. It will now replace the Swavalamban scheme, which did not gain much popularity across the country.
|
- To sign up for the Atal Pension Yojana, an account holder must fill in an authorisation form and submit it to his/her bank.
- The form will require complete details including account number, spouse and nominee details, and authorisation for auto debit of contribution amount. Account holders signing up for the scheme need to ensure that sufficient balance is maintained in the account every month,
|
- Subscribers of APY will get monthly pension after they reach the age of 60 years. If someone joins at the age of 18 years and contributes Rs.42 till he reaches 60 years, then monthly pension received would be Rs. 1,000.
- Pension amount will range from Rs.1,000 – Rs. 5,000.
- Auto-debit facility will also be provided. With this monthly contribution would be automatically debited from the subscriber’s account.
|
Who is Eligible? |
How to Enroll? |
Benefits: |
- The Atal Pension Yojana (APY) is open to all Indians between the age of 18 and 40. This allows an individual to contribute for at least 20 years before reaping the benefits of the scheme. Any bank account holder who is not a member of any statutory social security scheme can avail of the scheme.
- All existing members of the government’s ‘Swavalamban Yojana NPS Lite’ will automatically be migrated to the Atal Pension Yojana. It will now replace the Swavalamban scheme, which did not gain much popularity across the country.
|
- To sign up for the Atal Pension Yojana, an account holder must fill in an authorisation form and submit it to his/her bank.
- The form will require complete details including account number, spouse and nominee details, and authorisation for auto debit of contribution amount. Account holders signing up for the scheme need to ensure that sufficient balance is maintained in the account every month,
|
- Subscribers of APY will get monthly pension after they reach the age of 60 years. If someone joins at the age of 18 years and contributes Rs.42 till he reaches 60 years, then monthly pension received would be Rs. 1,000.
- Pension amount will range from Rs.1,000 – Rs. 5,000.
- Auto-debit facility will also be provided. With this monthly contribution would be automatically debited from the subscriber’s account.
|
The microc redit loan cycles are usually shorter than traditional commercial loans with terms from typically six months to a year with payments plus interest, payed weekly. Shorter loan cycles and weekly payments help the borrowers stay current and not become surprised by large payments
We follow the credit methodology of Self Help Group lending wherein the loans are disbursed to the members of the group after inter-se-agreement by all the members within the group. The members in a group are selected so as to be in same age group and residing in the same locality being friends but not from the same family. In case of the problems in recovery from even one of the members, the system of joint liability ensures recovery of the dues from all the members within the group.
Apart from the loan disbursement and recovery schedule, the members are invited to attend workshops and training programs, which acts as a platform for all the members to come together and share their experiences. The exposure visits enable members to learn about the various activities undertaken by their counterparts in other villages thereby increasing the number of income generation options and levels of confidence among the members.
Who is Eligible? |
How to Enroll? |
Benefits: |
- The Atal Pension Yojana (APY) is open to all Indians between the age of 18 and 40. This allows an individual to contribute for at least 20 years before reaping the benefits of the scheme. Any bank account holder who is not a member of any statutory social security scheme can avail of the scheme.
- All existing members of the government’s ‘Swavalamban Yojana NPS Lite’ will automatically be migrated to the Atal Pension Yojana. It will now replace the Swavalamban scheme, which did not gain much popularity across the country.
|
- To sign up for the Atal Pension Yojana, an account holder must fill in an authorisation form and submit it to his/her bank.
- The form will require complete details including account number, spouse and nominee details, and authorisation for auto debit of contribution amount. Account holders signing up for the scheme need to ensure that sufficient balance is maintained in the account every month,
|
- Subscribers of APY will get monthly pension after they reach the age of 60 years. If someone joins at the age of 18 years and contributes Rs.42 till he reaches 60 years, then monthly pension received would be Rs. 1,000.
- Pension amount will range from Rs.1,000 – Rs. 5,000.
- Auto-debit facility will also be provided. With this monthly contribution would be automatically debited from the subscriber’s account.
|
The Atal Pension Scheme will bring security to ageing Indians while at the same time promote a culture of savings and investment among the lower and lower middle class sections of society. One of the greatest benefits of the scheme may be enjoyed by the poorer sections of society.
Financial inclusion, social security, and low-cost benefits for the masses have been high on the NDA government’s agenda. Ever since the NaMo government’s ascent to the centre, PM Modi, FM Jaitley, and the Cabinet have worked relentlessly towards promulgation of new schemes that make financial security for the common man. The first step towards achievement of social security was the rollout of the Pradhan Mantri Jan Dhan Yojana (PMJDY). With Phase I being declared a major success and 1.8 crore accounts having been opened across the country, the government has flagged off three new schemes on 9 May 2015 – two insurance schemes (Pradhan Mantri Jeevan Jyoti Bima Yojana, and Pradhan Mantri Suraksha Bima Yojana), and a pension scheme (Atal Pension Yojana). This is called Phase II of the PMJDY, since it was important to get people into mainstream banking before any benefits can be extended to them.
Who is Eligible? |
How to Enroll? |
Benefits: |
- The Atal Pension Yojana (APY) is open to all Indians between the age of 18 and 40. This allows an individual to contribute for at least 20 years before reaping the benefits of the scheme. Any bank account holder who is not a member of any statutory social security scheme can avail of the scheme.
- All existing members of the government’s ‘Swavalamban Yojana NPS Lite’ will automatically be migrated to the Atal Pension Yojana. It will now replace the Swavalamban scheme, which did not gain much popularity across the country.
|
- To sign up for the Atal Pension Yojana, an account holder must fill in an authorisation form and submit it to his/her bank.
- The form will require complete details including account number, spouse and nominee details, and authorisation for auto debit of contribution amount. Account holders signing up for the scheme need to ensure that sufficient balance is maintained in the account every month,
|
- Subscribers of APY will get monthly pension after they reach the age of 60 years. If someone joins at the age of 18 years and contributes Rs.42 till he reaches 60 years, then monthly pension received would be Rs. 1,000.
- Pension amount will range from Rs.1,000 – Rs. 5,000.
- Auto-debit facility will also be provided. With this monthly contribution would be automatically debited from the subscriber’s account.
|
What does the retailer get ? |
Benefits to Retailer |
What does the retailer need? |
- Association with Concerned Bank.
- Bank software, user id and password
- Biometric Reader & Software for electronic thumb impression
- Web Software to operate different service
- Authorization Certificate of CSP
- Web + Concerned Bank Banners
- Logo/Stickers/Leaflets/Contact Matrix
- Commission Structure
- Introduction letter of CSP
|
- An easy to use application
- Hassle free and simple system
- New Revenue opportunity
- Increase your goodwill & brand name in market
- Banking Business increases customer footfall which is beneficial for existing Business
|
- PC
- Internet Connectivity
- Printer
- Office or Retail Outlet
|
