Kiosk Banking Service by Alankit Company and Benefits of Kiosk Banking for Customers

by Vanshika S. SEO Executive

The Kiosk Banking facility is an initiative taken by the Reserve Bank of India (RBI) that has modified the whole banking sector in India. Its motive ensures the more significant financial inclusion and broader outreach of the banking industry. It provides the facility to the people in rural areas for banking transactions without visiting a bank branch. The services offered by many banks and the facility are made available with the assistance of many intermediaries, also known as Business Correspondents (BCs), through Kiosk serving as customer service point (CSP).


However, as a primary leader in the Indian e-governance sector, Alankit potentially provides complete financial services to customers living in rural areas who do not have the facility of basic banking service.


Alankit Kiosk Banking Service:


Alankit Company review brings potential Kiosk banking services to millions of its customers to provide the boost and efforts made to achieve financial inclusion. The company has made its leading collaboration with the State bank of India (SBI), Industrial Development Bank (IDBI), and Bank of Baroda to support its customers. It enables various banking facilities through its online-enabled BOB, IDBI, and Kiosk banking’s SBI. 


Alankit provides primary financial services to various banks, excluding the Indian public using remote assistance, and this bank is partnered with Bank of Baroda, IDBI, and SBI. It is safe to perform a transaction with Kiosk banking because it uses biometric security. The users can easily open an account and complete all transaction activity with the SBI Kiosk registration process. As these banks provide all the account opening facilities and online banking services, some banks also offer Kiosk banking services online.


Various benefits are attracted towards kiosks online but are primarily beneficial for the educated people. Also, the transaction through the online portal is reliable and safe. This online portal is bio- metrically secure, and it has printed acknowledgements for every transaction provided to each customer. 

Services availed through Kiosk Financial services include:

· Cash Deposit

· Opening Account

· Cash Withdrawal

· Money transfer


Benefits to customers:


  1. Provide the primary banking facility without visiting a bank branch
  2. Hassle-free money transactions, deposits, and withdrawals facilities are available.
  3. It is compulsory to maintain a maximum balance of Rs 50,000.
  4. Customers Have access to money withdrawal through an ATM for the customer above 18 years.
  5. The amenity can be used for home loans or any loan against property.
  6. Use of facilities for saving like a term deposit, recurring deposit.
  7. Make use of an accident insurance policy worth 10,000 for each customer.
  8. The easy and convenient facility to check account balances and open no-frills accounts without maintaining a minimum balance.
  9. Conduct transactions of a minimum of Rs 10000 per day.
  10.  Avail general-purpose credit card and Kisan credit and charge Kiosk banking commission for that.



That’s all about Kiosk Banking Service by Alankit Company and its various benefits to customers. Connect with Alankit for an easy banking process. Alankit Limited, a Registrar & Share Transfer Agent (RTA) was established in 1995. With its 25 years of industry knowledge, Alankit is the company to contact if you are looking for any financial or e-governance support. 

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About Vanshika S. Senior   SEO Executive

340 connections, 7 recommendations, 948 honor points.
Joined APSense since, August 1st, 2017, From Delhi, India.

Created on Sep 21st 2021 04:59. Viewed 355 times.


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