Bank Mitra Kiosk Banking - Expanding the Functions and Services Offered by CSP Banks
After successful SBI kiosk banking, CSP banks will start offering additional functions and services through their retail outlets. A typical retail outlet will offer various banking services, including savings and loans, prepaid cards, and insurance. These kiosks are unmanned, which means that worker overhead is reduced. However, kiosks are limited in their functionality, so they are not as effective as traditional branches. After successful SBI kiosk banking, CSP banks will expand their offerings.
Customer Service Point (CSP) banks will be opened in every ward and village. The kiosk will be staffed with personnel who will act as mini bankers, providing all banking services in person. The selection process for these employees is based on an interview and a guarantee by the Sarpanch. The bank requires that the kiosk banking personnel have high educational credentials and be able to communicate with customers.
All bank CSP will offer more than one location for their customer service agents. This will allow customers to access more bank services than they could at a regular branch. Once established, each Customer Service Point will be staffed by a dedicated staff. As such, each kiosk will offer similar services as a traditional branch. After successful kiosk banking, CSP banks will set up multiple locations in the same city, which will provide an excellent customer experience.
All banks CSP will offer additional functions and services at the retail locations. These options will provide account inquiries and print mini statements. They will also have customer support tools, which will enable customers to clarify their questions using video conferencing. In addition to offering these benefits to customers, the CSP will also have a central database and MIS reports, and a net banking facility. The new kiosks will also increase the visibility of CSP banks in the community.
SBI Kiosk banking provides easy access to banking services. The retail shops will be located near the customers' residences, making it easier for customers to access their accounts. The benefits of kiosk banking include no queues and extended hours. Furthermore, the CSPs will offer employees incentives based on performance and remuneration, which will motivate them to work even harder. A successful kiosk banking program can create job opportunities for hundreds of people in the community.
Once SBI kiosk banking is implemented, a retailer can open a no-frills bank account for a customer. In addition to depositing money, the retailer will also take fingerprints and photographs of the customer. After completing the process, the bank will allow the consumer to use their accounts. A customer can use the kiosk to withdraw and deposit money, and can even pay a fee for each transaction.
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