What do you understand by Urban Branch?
Rapid rise in urban population generated a great scope for employment and business almost in all industry verticals. Percentage contribution of secondary sector has drastically increased over the contribution of agricultural sector. Urban area comprises of various communities and each community has its own financial structure and need. Online banking has emerged effectively in urban area but physical back-end support is must to operate that online solution. Many businesses are still operating their transactions by branch banking mode only. Thus to impact lives of urban people, we have developed innovative and unique ‘Urban Branch’ division. As per RBI rules, population above 1 Lac and below 10 Lac is covered by single urban branch.
How to Start Semi Urban Branch?
If you wish to set up your urban branch to grab the opportunity to spread your presence in urban banking domain, let us help you as your trusted financial partner. Just check out the following document details to get started as Urban Branch:
KYC Documents:
- Aadhar Card
- Pan Card
- Voter Identity Card
- 3 Color Photos
- Store Act License
- Police Verification Certificates
- Nominee Details
- 3 Native References with Identity Proof
- Registered Mobile Number
- Email Id
Our Administrations:
- 10 Lac Coverage Insurance for Center Proprietor
- License
- Online Id
- Body of Workers Hiring and Schooling
- Cash Management Services
- Third Party Product Merchandising
- Advertising Cloth
- Brochure
- Flyer
- Local Classified Ads
- Agent Registration As Much As 45
- Light Board
- Biometric Device
- Posh Machine
- Casa Welcome Kit
- Account opening Machine
- Center Setup and Interior Design
- Equipment's
- PC and Infra Setup
- CCTV Cameras
- ATM Device
- Security Offerings
- Local Legal Support
Exclusions:
- Centre space
- Employee Salary
- Office rent
- Electricity invoice
- Internet invoice
- Local securities
- Agent's commission
Investment:
- 20 Lac including 18% GST
Centre set-up time:
- 20 Days
Contract Duration:
- 3 Years
