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Showing posts with label Financial Inclusion. Show all posts
Showing posts with label Financial Inclusion. Show all posts

Wednesday, March 11, 2015

Network for Information and Computer technology

Network for Information and Computer technology
General Information

Name of BC Company
Network for Information and Computer technology(NICT)

States of Operations
All India

Banking Partners
Bank of India, State Bank of India, Central Bank of India, Bank of Baroda, Vijaya Bank

Technology Partner
NICT

Year Established
1995

Overview

Financial inclusion is the delivering of banking services at an affordable cost to the disadvantaged and low-income population of the country. In India the basic concept of financial inclusion is that of banking facilities, provisions for loan and availability of insurance services. As banking services increasingly become a basic necessity, it is critical that these services be made available. NICT - An ISO 9001:2008 NGO, has entered into an Agreement with the largest Bank of the nation "State Bank of India" as a Business Facilitator as well as Business Correspondent to offer banking services in the unbanked areas of the country.

Banking Services

NICT offers these services in rural area of entire Madhya Pradesh and Chhattisgarh. As a Business Facilitator NICTs Common Services Centre generate business for the bank from the communities living in and around their CSCs and book the business to nearest linked branch. As a Business Correspondent, the NICTs Common Services Centre with adequate ICT infrastructure acts as a Bank’s Branch and offers the selected banking facilities.
1. Business Correspondent (BC) Services;
2. Saving Account Opening;
3. Deposit / Withdrawal in Account;
4. NREGS Wages Distribution & Govt. Pension Distribution.


Business Facilitator Services

1. New Saving or Current Account Opening
2. Loan Distribution (Application & Information)
3. Micro Finance, Loan for Agriculture and Animal
4. Loan for Tractor, Vehicle and House
5. Recurring Deposit & Fixed Deposits in Bank
6. Loan Recovery

Contact Details

Website
Declaration
NICT is the one of largest kiosk banking service provider in India. It works with lead banks, such as State Bank of India or Bank of India. So, if you want to work as a BC, you must have to fill up registration from provided by NICT. Therefore, you have to contact them personally. Bank Mitra will take no responsibility for such things. Thank You.
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Tuesday, March 10, 2015

Zero Microfinance and Savings

Zero Microfinance and Savings
General Information

Name of BC Company
Zero Microfinance and Savings support Foundation

States of Operations
All India

Banking Partners
SBI, UBI, PNB, Central Bank, Dena Bank, APGVB, KGB

Technology Partner
A Little World Pvt. Limited.

Year Established
24 March 2007

Overview

(ZMF) works as a Business Correspondent (BC) across India for multiple banks to create the last mile deployment of banking services in villages. ZMF manages the field force, account creation; appointment of Customer Service Points (CSPs), management of cash and front ends the delivery of full featured transactional services for financial inclusion and EBT disbursals.

Mode of Operations

1.  To provide a range of financial services to the costumers at very reasonable cost including saving, credit, insurance, money transfer and remittance.
2.  Financial and institutional sustainability as a mean of providing access to financial services overtime.
3.  Multiple provider of financial services wherever feasible so as to bring cost effective and wide variety of alternative to costumers.

Product Offered

1. Remittance -  “Tatkal” cash-to-account money transfer;
2. Account to account money transfer
3. Opening of no frills accounts in SBI
4. Cash deposit into and cash withdrawal from customer’s account. Balance enquiry.
5. Sourcing of business as a Business Facilitator
6. Over Draft facilities
7. Kissan Credit Card
8. Recurring Deposit
9. SHG  Bank Linkage

Contact Details

Email

Website

Fax
91-22-3951 3888

Telephone
91-22-3951 3888

Office Address
T-951, 5th Floor Belapur Railway Station Commercial Complex; Tower-4, Sector 11; CBD Belapur; Navi Mumbai - 400 614

Contact Person
Mr. Anurag Gupta, Director

Swadhaar FinAccess

Swadhaar Fin-Access
General Information

Name of BC Company
Swadhaar FinAccess

States of Operations
Maharashtra, Gujarat

Banking Partners
Bank of Baroda, Bank of India, Central Bank of India, Dena Bank, State Bank of India, Union Bank of India

Technology Partner
Swadhaar FinServe Pvt. Ltd

Year Established
2005

Overview

SFA is a Section 25 non-profit Company registered under the Companies Act of 1956, founded in the year 2005 by Ms. Veena Mankar and Ms. Haseena Vahanvaty. SFA focuses on empowering economically disadvantaged persons, predominantly women living in slum communities by:  
1) Imparting financial education, 
2) Facilitating opening of no-frills savings accounts for its clients. 
3) Distributing affordable micro-life insurance policies as an agent of Life Insurance Corporation of India (LIC).


Mode of Operations

1.  To provide a range of financial services to the costumers at very reasonable cost including saving, credit, insurance, money transfer and remittance.
2.  Financial and institutional sustainability as a mean of providing access to financial services overtime.
3.  Multiple provider of financial services wherever feasible so as to bring cost effective and wide variety of alternative to costumers.

Product Offered

1. No-frills zero balance savings account.
2. ATM card that can be used at any of the Citibank ATMs, as well ATM’s of other banks.
3. Cheque book on request (T&C apply)
4. SFA facilitates Citibank’s Pragati Account only in Bandra in Mumbai.
5. Cash deposit and withdrawal happen through ATM
6. Very little KYC requirement
7. Cash deposit as low as Rs.10
8. Due to ATM interface customer more comfortable

Contact Details

Email
info@swadhaar.org
ptelang@swadhaar.org

Website

Fax
91-22-26261234

Telephone
91-22-26261234

Office Address
Swadhaar FinAccess: Tenement 1/3 & 1/4, Old MHB colony,Anand Nagar, Santacruz E, Mumbai - 400 055

Contact Person
Ms. Preeti Telang, CEO