What is BC post in bank?

What is BC post in bank?

Business Correspondents are retail agents engaged by banks for providing banking services at locations other than a bank branch/ATM.

What is the salary of business correspondent?

Business Correspondent salary in India ranges between ₹ 0.2 Lakhs to ₹ 6.0 Lakhs with an average annual salary of ₹ 2.1 Lakhs.

What is the role of BC?

Business correspondents are bank representatives. They help villagers to open bank accounts. Business Correspondents get commission from bank for every new account opening, every transaction made via them, every loan-application processed etc.

How do I become an IPPB agent?

All you need is: A current account with IPPB. Any smartphone with android version 5.0 or higher.If you fall under any of the categories listed below, you can become an IPPB Merchant:

What is the role of BC supervisor?

The BC Supervisor will monitor the performance of each BC through dash board. The BC Supervisors will be responsible for fixation of targets and monitoring the progress vis-à-vis target. BC Supervisor will be evaluated based on the performance and achievement of various targets of BC agents.06-Jul-2021

What is BC supervisor in bank?

Business Correspondent Supervisor policy was put in place to strengthen the bank's supervisory system by engaging retired bank officers as BC Supervisors. Bank has engaged retired officers on contractual basis as BC Supervisors as per requirement of the Zones.

What is BC model?

Business Correspondent agent is an extended arm of the Bank Branch who is providing doorstep Banking and Financial services to customers in remote areas.

How many BC models are available in India?

India has an expansive network of BCs – around 500,000 in rural areas and 150,000 in urban areas, almost six times the number of bank branches.15-Feb-2019

How can I get CSP from Indian bank?

ELIGIBILITY FOR OPENING AND MAINTAINING OF CSP BANK MITRABC

What is BC BF exam?

Business Correspondents and Business Facilitators (BCBF) course include representatives appointed by the banks to supply banking services and act as an agent in the respective locations where the bank will not have a presence so as to push money inclusion.

What is SBI BC?

It is an Internet enabled PC based technology and extremely easy to use. Therefore anyone can become a Business Correspondents (BC) and open customer accounts at Customer Service Point Kiosk outlet (CSP). SBI Kiosk transactions are bio-metrically secured.

What is the minimum age for banking correspondent?

1. Individuals with minimum age of 18 and above 2. Retired bank employees/retired teachers/retired government employees and Ex-servicemen, members of Self Help Groups (SHGs) which are linked to banks etc., are also eligible.

What is the salary of IPPB executive?

Rs. 30,000/- per month

Which bank IFSC code is IPOS0000001?

India Post Payment Bank Corporate Office

What is full form of IPPB?

India Post Payments Bank (IPPB) was setup under the Department of Post, Ministry of Communication with 100% equity owned by Government of India.

What is the role of BC and BF?

Business Correspondents / Business Facilitators (BC/BF) will help banks in: Identifying potential customers. Advising / counseling village people about appropriate bank products and services. Helping villagers in completing formalities that are needed to transact with banks.

What is BC supervisor in Bob?

Bank of Baroda BOB BC Supervisor Selection Process The BC Supervisor will be engaged by concerned Regional Offices for monitoring the performance of field BCs. The application form should be submitted in hard copies to the concerned Regional Office either through speed post / registered post /courier or in person.

What are the 5 roles of a supervisor?

The five key supervisory roles include Educator, Sponsor, Coach, Counselor, and Director. Each is described below. Note that in your role as a supervisor, you will be using these five roles, in some combination, simultaneously, depending on the needs of the team members.

What is Bob BC?

BC Agent finder - Business Correspondent agent.

Who can work as a banking correspondent?

Who can become Banking Correspondents?

How do I prepare for a supervisor interview?

Interview Questions for Supervisors:

What is BC post in bank?