As per the existing arrangements with Oxigen, existing Retailers nominated as CSP will work directly or under the RMU tree. Because a Non-Oxigen Retailer cannot be appointed as a CSP, if you are new to Oxigen, you must first enroll as an Oxigen Web Retailer and then apply for SBI Kiosk Banking. Follow the below steps for registration:
• The retailer should fill up the application form.
• Send the completed form and the necessary KYC documents to Oxigen Services India Pvt Ltd address.
• This form will be verified and approved, and the CSP will be notified of the status of their request once it has been validated. The CSP will be trained if the form is accepted.
• The CSP can begin transacting after completing the course.
Final thoughts
As a Bank Mitra CSP, you will be paid commissions on account opening, cash deposit, cash withdrawal, credit card payments, and bill payments. Most importantly, CSP Agents will be paid a basic fixed Rs. 2000 to Rs. 5000 per month, subject to certain conditions. Any merchant can open a no-frills bank account for any consumer by recording fingerprint details and taking a photo of the customer. All of the information and any additional papers are then given to the associated bank branches, where the know-your-customer process can continue.
Blog Source: https://allbankcsp.wordpress.com/2022/05/07/do-you-know-about-sbi-csp-banking
