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Financial Inclusion Services3

1. The document outlines various financial inclusion products and services offered through Common Service Centers (CSC) in India, including banking programs, loans, insurance, pension schemes, DigiPay, FASTAG, and more. 2. It describes national pension scheme (NPS), which allows individuals to save for retirement through personal retirement accounts. Contributions are invested and can be used to purchase a pension upon retirement. 3. DigiPay is an Aadhaar-enabled payment system available at all CSCs that allows cash withdrawals, deposits, balances checks and money transfers between banks without cards or netbanking through Aadhaar authentication.

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Rajan
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0% found this document useful (0 votes)
24 views12 pages

Financial Inclusion Services3

1. The document outlines various financial inclusion products and services offered through Common Service Centers (CSC) in India, including banking programs, loans, insurance, pension schemes, DigiPay, FASTAG, and more. 2. It describes national pension scheme (NPS), which allows individuals to save for retirement through personal retirement accounts. Contributions are invested and can be used to purchase a pension upon retirement. 3. DigiPay is an Aadhaar-enabled payment system available at all CSCs that allows cash withdrawals, deposits, balances checks and money transfers between banks without cards or netbanking through Aadhaar authentication.

Uploaded by

Rajan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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arpan

Products & Services

1
Index
Index 3
Financial Inclusion
Products & Services
Banking – BC Program
Loan
Insurance
Pension
DigiPay
FASTAG

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Index
Common Services
1 Account Opening 24Block Debit card
2 Cash Deposit(own bank) 25Launch Complaints
3 Cash Deposit(other bank-EPS/Rupay Card) 26Track Complaints
4 Cash withdrawal ( on us ) 27Request for SMS alert/email statement
(if mobile no./e-mail is already registered)
5 Cash withdrawal ( off us ) 28Pension Life Certificate authentication through Jeevan
Praman( Aadhaar enabled)
6 Fund transfer ( own bank) 29Recovery /collection upto bank approved limits
7 Fund transfer ( other bank-AEPS/Rupay Card) 30Apply for Rupay debit cards
8 Balance enquiry ( own bank) 31Passbook update
9 Balance enquiry ( other bank-AEPS/Rupay Card) 32Loan request initiation for Personal Loan
10 Mini Statement 33Loan request initiation for Vehicle Loan
11 RD opening 34Loan request initiation for Home Loan
12 Enroll for Micro Accidental Death Insurance 35Lead generation for Current Account
13 Enroll for Micro Life Insurance 36Request initiation for Mutual Fund
14 Enroll for Social Security Pension Scheme 37Request initiation for Life Insurance
15 Cheque Collection 38Request initiation for Health Insurance
16 Aadhaar Seeding 39Request initiation for Motor insurance
17 Mobile Seeding 40Sukanya Samriddhi Account (SSA)
18 IMPS 41National Pension Scheme(NPS) Account Opening
19 NEFT 42National Pension Scheme(NPS) Status Check
20 Request for new Cheque book 43Sovereign Gold Bond(SGB)
21 Stop payment of cheque 44Floating Rate Saving Bond(FRSB)
22 Cheque status enquiry 45Senior Citizen Savings Scheme(SCSS)
23 Renewal of TD/RD 46Public Provident Fund(PPF)
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Index 5
BANKING – BC Program
Public Sector Banks (PSB) Regional Rural Banks (RRB)

▪ BANK OF BARODA ▪ BANGIA GRAMIN VIKAS BANK


▪ BANK OF BARODA-UPSRLM-BS ▪ BARODA U.P GRAMIN BANK
▪ BANK OF INDIA ▪ BRKG BANK
▪ CENTRAL BANK OF INDIA ▪ CHHATISGARH GRAMIN BANK
▪ IDBI BANK ▪ DAKSHIN BIHAR GRAMIN BANK
▪ INDIAN BANK ▪ HIMACHAL GRAMIN BANK
▪ PUNJAB NATIONAL BANK ▪ JRGB BANK
▪ STATE BANK OF INDIA ▪ MADHYA PRADESH GRAMIN BANK
▪ UCO BANK ▪ PRATHMAUP GRAMIN BANK
▪ PUNJAB GRAMIN BANK
▪ SARVA HARYANA GRAMIN BANK
Private Banks
▪ RAJASTHAN MARUDHAR GRAMIN BANK
▪ UTKAL GRAMIN BANK
▪ AXIS BANK
▪ HDFC BANK-BC
▪ KOTAK Bank

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Index 6
INSURANCE
6.3 INSURANCE
On 12th September, 2013, Insurance Regulatory and Development Authority (IRDA) granted license to
CSC e-Governance Services India Limited to work as an Authorized Intermediary to market specifically
approved insurance products through the Rural Authorized Persons (Village Level Entrepreneurs).

The License permits both Life and Non-Life Insurers in India to Market Retail Insurance products and
Services through the network with an objective to significantly expand insurance penetration in rural
areas and bring in financial inclusion. Under this, once the Village Level Entrepreneur passed RAP
certification, a license is granted to him/her for carrying out Insurance business.

RAP (Rural Authorized Person) - Registration


Service
VLE INS Training and Certification
Platform for all types of insurance products (Life & General)

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Index
Life Insurance Crop insurance

Life insurance policy renewal Fasal Bima

Motor Insurance Fire & Allied Perils

Personal accident insurance Health Insurance

Fire/property insurance National Pension Scheme

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Index
National Pension Scheme
Contributions + Investment Growth - Charges = Accumulated Pension Wealth

❑ Government of India introduced NPS for


Central Government Employees joining
services w.e.f 1st Jan 2004. On 1st May 2009, on
voluntary basis NPS was made available for All
citizens of India.
❑ PFRDA was created as regulator for the
Pension sector.
❑ NPS is based on Personal retirement accounts
(PRAs) created for individual members.
❑ NPS accretes savings into subscribers PRA
while he is working and use the accumulations
at retirement to procure a pension for the rest
of his life.

Service: Registration
Target Population: All Citizens

9
Index
DigiPay
CSC-SPV has collaborated with the National Payment Corporation of India (NPCI) to launch
Aadhaar Enabled Payment System (AePS) at all CSC locations across the country. This system
is based on the demographic and biometric/iris information of an individual, which
eliminates the threat of any fraud and non-genuine activity. Aadhaar will facilitate 'anytime,
anywhere’ authentication to its beneficiary.

The purpose is to achieve interoperability between banks for Aadhaar based payment
transactions.
Services through DigiPay DigiPay is enabling QR Codes to the Merchants
• Cash Withdrawal to accept the payments from the customers.
• Cash Deposit
• Balance Enquiry
• Mini Statement
• Micro ATM [mATM]
• Domestic Money Transfer (DMT)
• DSP Wallet Top Up

Target Population: All Citizens

https://digipay.csccloud.in/ 10
Index
FASTAG
Electronic payment of highway tolls without
human intervention. ETC systems use vehicle-to-
roadside communication technologies to perform
an electronic monetary transaction between a
vehicle and the toll collection agency.

Services: Registration

[email protected] Target Population: All Citizens

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Index
Send your feedback at [email protected]

238, 3rd Floor, Okhla Industrial Area,Phase-III, New Delhi-110020.

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Index

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