PNB CSP refers to the PNB (Punjab National Bank) Customer Service Point. PNB is a major public sector bank in India, and CSP refers to the establishment of Customer Service Points or banking outlets by PNB in partnership with individuals or entities.
PNB CSP allows individuals or entities to become authorized agents of the bank and offer basic banking services to customers in areas where the bank may not have a physical branch. These CSPs act as an extension of the bank and provide services such as account opening, cash deposit and withdrawal, fund transfers, balance inquiry, and other banking services.
The objective of PNB CSP is to enhance banking accessibility and reach remote or underserved areas where setting up full-fledged branches may not be feasible. It helps in promoting financial inclusion by bringing banking services closer to the customers.
To become a PNB CSP, interested individuals or entities typically need to meet certain eligibility criteria set by the bank. These criteria may include factors such as financial stability, infrastructure, experience in financial services, and adherence to regulatory guidelines. The exact process and requirements may vary, and it’s advisable to reach out to PNB directly or visit their official website for detailed information on becoming a PNB CSP.
Please note that the information provided here is based on general knowledge and the banking landscape as of my knowledge cutoff in September 2021. It’s recommended to verify the current details and requirements with PNB directly or through their official channels.
The commission structure for PNB Customer Service Points (CSPs) may vary and is subject to the policies and agreements between Punjab National Bank (PNB) and the CSPs. The specific commission rates and structure can be obtained by contacting PNB directly or referring to their official communication channels.
PNB typically provides commission or fees to CSPs for the various banking services they offer on behalf of the bank. These services may include account opening, cash deposit and withdrawal, fund transfers, balance inquiry, and other basic banking transactions.
The commission rates may depend on factors such as the type of transaction, transaction volume, location, and the CSP’s performance. PNB may have different commission structures for different types of CSPs, such as individual agents, banking correspondents, or business correspondents.
To obtain accurate and up-to-date information about the commission rates and structure for PNB CSPs, it is recommended to contact PNB’s designated department or visit their official website for the specific details and terms applicable to your situation.
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PNB CSP COMMISSION LIST 2023
Services | New rates | You Will Get this commission | |
1 | Account Opening | Rs 20 out of which Rs 10 at the time of account opening & 10 after min bal Rs 100 in the account opened. | 16 Rs |
2 | TDR/RD opening | Rs 5 per account, if auto renewalFlag ‘Y’ Rs 7 per account. | 4 Rs |
3 | A cash deposit (own bank) | .25% of the cash handling with a max.Rs 12/- per account per day. | 1000 Rs -04 Rs, 03.20 Rs, 10,000 Rs- 40 Rs 32.00 Rs,12,000 Rs -48 Rs, 38.40 Rs 25,000 Rs -50 Rs 40.00 Rs |
4 | A cash deposit (other banks—AEPS/Rupay card) | .25% of the cash handling with a max.Rs 12/- per account per day. | nil |
5 | Cash withdrawal (on us) | .40% of the cash handled with max. Rs 50/- per account per day. | 1000 Rs -04 Rs 03.20 Rs 10,000 Rs- 40 Rs 32.00 Rs |
6 | Cash withdrawal (off us) | .40% of the cash handling with a max.Rs 30/- per account per day. | 1000 Rs -2.5 Rs 02.00 Rs 10,000 Rs- 12 Rs 10.00 Rs |
7 | Fund transfer (own bank) | .40 % ( max. per account per day. of Rs.10/). | 1000 Rs -3.20 Rs 10,000 Rs- 8.00Rs 12,000 Rs -8.00Rs 25,000 Rs -8.00Rs |
8 | Fund transfer (other Bank-AEPS/Rupay card) | .40 % ( max. per account per day. of Rs.10/). | Same Like Above |
9 | IMPS | Indo Nepal Remittance Charges | 1000 Rs -04 Rs 03.20 Rs 10,000 Rs- 30 Rs 24.00 Rs 12,000 Rs -30 Rs 24.00 Rs 25,000 Rs -30 Rs 24.00 Rs |
10 | Indo Nepal remittance Charges | .40% of the cash handled with max. Rs 30/- per account per day. | 1000 Rs -04 Rs 03.20 Rs 10,000 Rs- 30 Rs 24.00 Rs 12,000 Rs -30 Rs 24.00 Rs 25,000 Rs -30 Rs 24.00 Rs |
11 | Balance inquiry (own bank) | Nil | Nil |
12 | Balance inquiry (other banks—AEPS/Rupay card) | Nil | Nil |
13 | Mini statement | Nil | Nil |
14 | Enroll for micro accidental death insurance (PMSBY) | Rs 1/ per enrolment. | 0.80 Rs |
15 | Enroll for micro life insurance (PMJJBY) | Rs 30/ per enrolment. | 24 Rs |
16 | Enroll in the social security pension scheme (APY) | Rs 50/ per enrolment or Rs 60 per APY abinitio after targeting of 60 APYachieved by BCA. | 40 Rs 48 Rs |
17 | Aadhaar seeding through biometrics only | Rs 5/- | 4 Rs |
18 | SHG & JLG: For formation & promotion, including credit linkage | Rs 300/ at the time of savings linkage Rs 300/- after 4 months of savings linkage and Rs 400/ after credit linkage. | 240 Rs 240 Rs 320 Rs |
19 | Renew TD/RD | Rs 2 per account, if auto-renewal Flag ‘Y’ Rs 5. | 1.60 Rs |
20 | NEFT | .40 % of transactions are subject to a max. Rs 10/-. | 1000 Rs -3.20 Rs 10,000 Rs- 8.00Rs 12,000 Rs -8.00Rs 25,000 Rs -8.00Rs |
21 | Mobile seeding | Rs 5/- | 4 Rs |
22 | Passbook Update | Rs 5/- per passbook per day. | 4 Rs |
23 | Cheque collection | Rs 5/- per account. | 4 Rs |
24 | Request new Cheque book | Rs 5/- per account. | 4 Rs |
25 | Stop payment of Cheque | Rs 5/- per account. | 4 Rs |
26 | Cheque status inquiry | nil | |
27 | Request for SMS alert/email statement (if mobile no. / e-mail is already registered) | Rs 5/- per account. | 4 Rs |
28 | BBPS | Rs 5/- per bill. | 4 Rs |
29 | Apply for RuPay debit cards(>6 months old ac) | Rs 5/- per account. | 4 Rs |
30 | Block debit card | Rs 5/- per account. | 4 Rs |
31 | Pension life certificate authentication through Jeevan Pramaan (Aadhaar enabled) | Rs 5/- per certificate authentication through Jeevan Pramaan (Aadhaar enabled). | 4 Rs |
32 | SUKANYA SAMRIDDHI SCHEME ENROLLMENT | Rs 10/- per enrolment. | 8 Rs |
33 | PPF account opening | Rs 10/- per account. | 8 Rs |