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- Tatkal Money Transfer to any SBI Bank account
- IMPS Transaction/ Balance enquiry
- Deposit / Withdrawal of Cash
- Fixed deposit/E-KYC enrolment
- Aadhar Enabled Payment System(AEPS facility)
- Rupay ATM card/SBI Identity card
- Loan deposit/Recurring deposit
- Social Security Schemes(PMJJY, PMSBY & APY)
What does the retailer get ?
- Association with State Bank of India
- SBI software, user id and password
- Biometric Reader & Software for electronic thumb impression
- Web Software to operate different service (Recharge/Billing/Travel Solution)
- Authorization Certificate of CSP
- Web + SBI Banners
- Logo/Stickers/Leaflets/Contact Matrix
- Commission Structure
- Introduction letter of CSP
Benefits to Retailer through Pay Point India:
- An easy to use application
- Hassle free and simple system
- New Revenue opportunity
- Increase your goodwill & brand name in market
- Banking Business increases customer footfall which is beneficial for existing Business
What does the retailer need?
- PC
- Internet Connectivity
- Printer
- Office or Retail Outlet
SBI Application – Activation Process
- Application Form and Registration fees received by Pay Point team
- Due diligence by PPINL compliance Team
- Application file to SBI local branch
- SBI CSP code received
- BC entry and Terminal mapping by SBI officials
- Welcome kit and scanner dispatched
- Training after kit received
- Entire process usually takes 25-30 days
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What documents are required?
- Application form
- 2 passport size photo’s
- PAN Card (Mandatory)
- Id Proof (Voter id/Driving License/Passport etc.)
- Shop Address proof
- Resident address Proof (electricity bill, ration card etc.)
Please note: Activation of SBI service is subject to approval from SBI
Complimentary services
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- DTH & Mobile Recharge
- Air ticket Booking
- Bus Ticket Booking
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