CSC (Common Service Center) is a network of digital service delivery points established by the Indian Government to provide various services to citizens, especially in rural areas. One of the essential services offered by CSCs is banking services, which allow citizens to perform various banking transactions with ease. Here is a brief explanation of the banking services offered by CSCs: Account opening: CSCs facilitate the opening of new bank accounts for customers. Customers can choose to open a savings account, current account, or other types of accounts depending on their needs. CSCs act as intermediaries for various banks and help customers with the account opening process. Cash deposit and withdrawal: CSCs allow customers to deposit and withdraw cash from their bank accounts. Customers can visit the CSC and deposit or withdraw money from their bank accounts with the help of the CSC operator. The CSC operator initiates the transaction, and the money is credited or debited from the c
CSC (Common Service Center) is an initiative of the Indian Government to provide digital services to citizens, especially those living in rural areas. There are several services that CSCs offer, and the margin varies depending on the service. Here are some of the high-margin services that CSCs offer: Banking services: CSCs offer various banking services such as account opening, money transfer, and cash deposit/withdrawal. The margin for these services can range from 0.5% to 2%, depending on the service and the volume of transactions. Insurance services: CSCs act as intermediaries for insurance companies and offer services such as policy issuance and renewal. The margin for these services can range from 10% to 15% of the premium amount. Aadhaar services: CSCs provide various Aadhaar-related services such as enrollment, update, and printing. The margin for these services can range from Rs. 10 to Rs. 30 per transaction. PAN card services: CSCs also provide PAN card application and correct