SBI to of­fer doorstep bank­ing

Banking Frontiers - - Project Pipeline -

State Bank of In­dia is propos­ing to en­gage Doorstep Bank­ing Agents (DSA) from among na­tional busi­ness cor­re­spon­dents em­pan­eled with the bank. The bank in­tends to pro­vide fi­nan­cial as well as non-fi­nan­cial ser­vices at the doorsteps of the cus­tomers. The ser­vice would in­clude DSAs vis­it­ing the cus­tomers’ res­i­dence to pro­vide ser­vices sought by them. The se­lected ser­vice provider/s will have to de­ploy DSAs to pro­vide var­i­ous bank­ing re­lated ser­vices, in­clud­ing fi­nan­cial trans­ac­tions, pick-up of cash, de­liv­ery of cash, non-fi­nan­cial trans­ac­tions, pick-up of in­stru­ments like cheque/draft, pick up of doc­u­ments like life cer­tifi­cate etc. The ser­vice provider will also be re­quired to take re­spon­si­bil­ity for cash man­age­ment, se­cu­rity, in­sur­ance, cash van etc. The bank will pro­vide the ser­vice ini­tially at 50 cen­ters.

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