A bank is a financial establishment which is used for depositing money and many other purposes. Since it is a financial establishment it has direct impacts on the economy of a country. We are living in the 21st century when capitalism has reached with its full form. And this capitalist world cannot survive without the banking systems. Business has a very important role in today’s world. And the flourishment of the business is not possible without a proper banking system. Through the banking system, one can transfer money from a place to another place locally or internationally. Even the banks give loans or lend money to the needy people.

Through kiosk banking, there are many services that can be accessible such as:
• Tatkal money transferring to bank accounts.
• Balance enquiring or IMPS transactions.
• Cash withdrawal or cash deposit.
• E-KYC enrolment or fixed deposits.
• Recurring deposit or loan deposit.
Banks can have many branches but it is almost impossible to set up branches at every place. This problem can be solved and addressed by the CSP agents. CSP agents work as a bank correspondent in the places where it is impossible to open a branch. For details search as All Bank CSP. If anyone wanted to be a CSP agent then he or she must be or above 18 years and passed the 10th standard along with some requirements such as a readily available computer, printer, scanner, proper internet connection facilities and a workspace or office.
Blog Source: https://allbankcsp.wordpress.com/2018/11/13/importance-of-having-csp-agent-special-services