In accordance with its policy of financial inclusion, some time ago the Government of India issued a notice that all villages with a population of over 2,000 should be provided with banking services. With this, the government planned to help the labor classes in urban areas by creating corresponding banking points for their families in rural areas. The government also hoped to create a banking culture among the rural masses. With over 23,000 branches, the State Bank of India (SBI) viewed this government notice as an opportunity to reduce congestion at its branch offices, and improve service quality for its customers. This led to the deployment of Web-enabled kiosk banking by SBI (www.sbikiosk.com).
SBI's kiosk banks have the facility of cash deposits, Non Home branch tr
What is Kiosk banking?
•SBI KISOK Banking is a facility provided by State Bank of India where in customer need not go to SBI bank to make different transaction. The branch itself come to customer's village, Where the customer’s can make the transactions.
•Bank has appointed Service Provider/s (BC) to achieve this mission on Commission Basis.
•State Bank Appoints Customer Service Points (CSP) Directly Or Through The Business Correspondents (BC) These CSPs Work In Rural Areas Towards Achieving Financial Inclusions In The Villages having Populatiuon Presently > 2000 and Subsequently >1000
•And In Urban Areas For Decongestation Of Branches.