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

BCs enable a bank to expand its outreach and offer limited range of banking services at low cost.

Services available at our BC outlets:

1. Opening of minor savings accounts for customers and providing them with passbooks.
2. Providing overdraft facility upto limited amount to SBBDA accounts opened under PMJDY.
3. Obtaining [Aadhaar] cards from all account holders to facilitate [Aadhaar] Enabled Payment System (AEPS) and seeding them into the accounts, thereby completing KYC requirements.
4. Conducting financial literacy programs in schools every month.
5. Collecting forms from customers for schemes such as Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana and doing the enrolment for the same.