Bc Bank Mitra, leverages existing retail shops, telecom connectivity and banking infrastructure to extend branchless banking services to the common man. Save Solution also partners with institutions to offer payment, cash collection and disbursal services. Customers can walk-in to any Save Solution counter (retail outlet) to open a savings account, deposit & withdraw cash from the account, send money to any part of the country, receive money from any part of the world, buy mobile talk-time or pay for a host of services. If you thought the rate of change was fast thanks to the garage innovators of Silicon Valley, wait until the garages of Delhi, Mumbai and Bangalore get fully up to speed. I sure hope we're ready.
Bc Bank Mitra provides consumers a quick and easy, single stop access to a wide array of services. Consumers can purchase or make payments for almost any fast moving consumer service, like Utilities, Travel, Cinema, DTH / Mobile Recharge, Banking & Financial services, etc in their neighborhood. Pay Point provides consumers this convenience by creating a franchise network of conventional mom and pop stores located in the consumer's neighborhood. These franchisees are equipped with a multifunctional terminal, which is connected to the service providers' servers and executes transactions on a real-time basis. Pay Point has contractual agreements with service providers and is authorized to issue legally valid reservations and receipts to consumers.
BC Bank Mitra is an ambitious e-governance initiative of Government of Maharashtra (GoM) which is being implemented in all 33 Districts of the state using Public-Private Partnership (PPP) model for convenience and transparency to citizens in availing various services of the Government and Private Sectors under a single roof at their door steps using an e- platform. The services are delivered via counters known as CSC (Common Service Center) kiosks in Rural Areas and Pay point India kiosks in urban areas. Bc Bank Mitra is selected as a service provider by Govt. of Maharashtra for providing service through its kiosk.