SBI CSP

Will you please tell me Oxigen is the Customer Service Point Kiosk outlet (CSP) of State Bank Of India, if yes can you please get some information?

Yes, Oxigen is the Customer Service Point Kiosk outlet (CSP) of State Bank Of India and here I will get details for you.

The Oxigen Services India Private Limited is the Customer Service Point Kiosk outlet (CSP) of State Bank Of India partnership delivers mainstream financial services to the bank-excluded masses of India using remote- biometric enabled Technology for Kiosk Banking.

Services offered
Deposit of Cash
Withdrawal of Cash
Money transfer to another SBI/BC account holder in other locations
Loan disbursement (This Service is yet to start)
Current limit of Rs 10,000 per day per bank account holder

Benefits
New Revenue Stream from Mini-Banking
Easy Money Transfer
Even an existing SBI account holder can be your customer
Significant benefits from Oxigen on other services
Increased customer footfall
Trusted source for money transfer with a strong brand name SBI

Earnings
A CSP earns on Opening New Account and on Every Cash Deposit/ Cash Withdrawal/ Loans and Money Transfer.

Benefits for customer’s
Minimum Balance -No minimum balance is required to be maintained in the account.
Maximum balance can be Rs 50000. (Balances above this can be held, but then account is converted to a regular bank account and the terms of the bank and documentations will apply to these accounts).
Maximum limit of transactions is Rs10,000/- per day.
No Cheque book is issued
Only the concerned account holders can do the cash transactions.
As defined by the word "NO FRILL", there is no need to fill forms and sign. Electronic thumb impression is used on biometrics to access/use the account.
No charges levied to operate account.


Address:-
Oxigen Services India Private Limited
Building no 94, Institutional Area, Sector 32, Gurgaon, Haryana,
Pin Code - 122001 , India

Phone:-
+91 124 7161100

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Answered By StudyChaCha Member