The business correspondents appointed by the SBI are called SBI BC. Usually, the business correspondents are appointed in villages to help the communities to open a bank account and help them familiar with the banking procedures. SBI BCs are paid a commission for every new account and all other banking transactions made through them. SBI BC is also eligible for commission on every successful loan applications process through them. You may also find the details of SBI BC list UP, Bihar and Maharashtra below.
Eligibility to become a Business Correspondent of SBI
The entities given below are eligible to become the business correspondent of SBI Bank.
- NGOs/MFls registered under Societies/Trust Acts
- Societies registered under Mutually Aided Cooperative Societies Acts or the Cooperative Societies Acts of the concerned State.
- Stand-alone entities
- Post offices
- Retired Bank Employees OF SBI and other Banks
- Retired government employees.
- Kiran a/Medical Shops & Ration Shop owners
- PCO operators
- Agents of Government small saving schemes
- Self Help Groups connected to banks and NFCs
- Individuals such as auto dealers, FMCG stockiest and other people chosen by the bank subject to certain conditions
- Retired postmasters.
SBI BC Point Registration Requirements
- The applicant must be a permanent resident of the area where he or she wants to be appointed
- The applicant should have a good reputation and confidence of the people in his area
- Should have the capacity to invest
- The applicant should have passed minimum 10th
- Should not have any criminal background
- Should open an account with SBI.
- Should be able to provide a suitable amount of deposit as security /Bank guarantee.
SBI BC -Scope of Activities
Listed below is the scope of activities for the business correspondents of SBI
- Creating awareness about SBI products
- Educate people on managing the money
- Identification of potential customers in the area
- Debt counseling
- Collection and initial scrutiny of SBI forms for deposits and primary verification
- Savings and other products and education and advice on managing money and debt counselling.
- Filling of new account opening forms and submission of completed forms at the branch.
- Collection of deposits and withdraws up to INR 2000/per transaction
- Delivery and receipt of small deposits
- Providing mini account statements and related information up to 3 months
- Any other services approved by the Banks.
SBI BC List.
Given below is the SBI BC list approved by the SBI. For more details and accuracy of the SBI BC list 2000-2001, you may visit the official website of the SBI given on the bottom of this page.
SBI BC List – UP.
Listed below is the SBI BC list for EBO Faizabad Circle in Uttarpradesh (UP)
|SL.NO.||SBI BC Name||BC Address||BC Category|
|1,||Pawan Kumar Pandey||Mishraulia khurd Uttarpradesh||LIC Agent|
|2.||Ranjeet Kumar Shukla||Khajuri Tarabganj Gonda District, Uttarpradesh.||H.S.G.|
|3.||Tulsi Ram Shukla||Ranijot Amrodhi Bag Maskanawa Mankapur, Uttarpradesh.||BF SBI Maskanwa|
|4.||Anirudh Tripathi||Maskanwa Mankapur Gonda Dist, , Uttarpradesh.||LIC Agent|
|5.||Krishna M Pandey||Rehra Bazar Utraula Balrampur, Uttarpradesh.||LIC Agent|
|6.||Sanjay Kumar||Ashrafpur Mankapur Gonda District, , Uttarpradesh.||BF SBI Mankapur|
|7.||Ram Karan||Ucchahaoli Milkipur, , Uttarpradesh.||LIC Agent
BF SBI Milkipur
|8.||Anil Kumar||Gopalpur Chaudhary Ahirauli Bhiati, , Uttarpradesh.||SBI Life Insurance|
|9.||Suman Pandey||10 Avas Vikas Colony Gonda Dist. , Uttarpradesh.||Kisan Sewa Kendra|
|10.||Dinesh Kumar Singh||Indralok Shahjadpur Akbarpur, Uttarpradesh.||Retired Bank Employee|
|11.||Ram Sumer Singh||Ghasiyari Tola Jalalpur Ambedkarnagar, Uttarpradesh.||Retired Bank Employee|
|12.||Ashok Kumar||Parsauna Chowhan Colonelganj, Uttarpradesh.||Shop Owner|
|13.||Shailendra Srivastava||Bandipur Jalalpur Ambedkar Nagar||SBI Life Insurance Agent|
|14.||Girish Chandra Shukla||Bharpur Maskanwa Mankapur, Uttarpradesh.||LIC Agent|
SBI BC List – Maharashtra
|SL NO||BC Details||BC Address|
|1||Vishal D Gawande||Post Dhad (wadr no.6)Tq dist Buldana,Maharashtra. Pin- 443106|
|2||Sanjay Pandit||Post Dhad (ward no.2)Tq dist Buldana, Maharashtra. Pin- 443106|
|3||Mo.amir Mo.Salim||Post Dhad (ward No 4)Tq dist Buldana , Maharashtra. Pin- 443106|
|4||Vivek M Thakare||Post Dongaon Tq Mehakar Dist Buldana, Maharashtra. Pin- 443303|
|5||Prushottam S Raut||Dhahid Tq dist Buldana, Maharashtra. Pin- 443001|
|6||Bhushan Ramsing Patil||Tornale Tq jammer dist Jalgaon, Maharashtra. Pin- 424209|
|7||Akshay R Helge||Malegaon Tq Nandura Dist Buldana, Maharashtra. Pin- 443104|
|8||Nilesh A Khedkar||Nandura Tq Nandura Dist Buldana, Maharashtra. Pin- 443404|
SBI BC List – Bihar
SBI BC list of Bihar for the year 2020-2021 is not released by the SBI yet. For updated information about the SBI BC List Bihar, Commission Chart for the year 2020-2021, you may check the official website of SBI https://www.sbi.co.in/web/home/
SBI Business Correspondent (SBI BC) Application Form PDF
sbi bc application form