What do you understand by Block Level Branch?
Just within few years, many online banking platforms emerged in India but still physical banks are considered as most trusted place for financial transactions and solutions. With increasing global opportunities for employment and business, India is experiencing positive growth in GDP. How to service those huge potential customers is the main challenge faced by Banking Sector today. Thus to overcome this challenge and consider it as a great opportunity to serve more and more civilians, we have come up with fresh inventions. One of the great solutions derived on the basis of population factor is ‘Block Level Branch’.
Population of around 2 - 2.5 Lac is covered by one block, thus dividing each area where this Block Level Branch will act as point of contact for all other banks and NBFCs falling in the respective block. Each block level branch will be capable of handling turnover of Rs. 20 – 25 Lac.
How to Start Block Level Branch?
We will help you to set up Block Level Branch using our hyper local strategies. Get started with us and start banking that will impact lives of your known once. Just check out the following details to get started as Block Level 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:
- 5 Lac including 18% GST
Centre set-up time:
- 20 Days
Contract Duration:
- 3 Years
