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Feel free to ask any question Mail Us: bankbc.in@gmail.com Financial inclusion | Application - Activation Process | FAQ'S

Functions of Banking Business Correspondents


  • Create awareness about savings.
  • Give advice to villagers, about how to save/invest money and how to arrange/manage loans.
  • Help the villagers to open bank accounts.
  • Collect loan applications, forward them to bank.
  • Preliminary processing of loan applications for example: verification of personís identity, home-address etc.
  • Help the Self Help Groups (SHG), to get loans.
  • Help the bank to collect EMIs and recover loan money.