Bi Weekly Newsletter of CSC e-Governance Services India Limited, October 28, 2014  |   CSC network is one of the largest Government approved online service delivery channels in the world
 Insurance Update

Renewal Collection


No. of Transactions

Premium Collected (Rs)




SBI Life



DHFL Pramerica Life Insurance



ICICI Prudential Life



Aviva Life Insurance



New Business


No. of Transactions

Premium Collected (Rs)

India First Life Insurance



HDFC Ergo General Insurance



IFFCO TOKIO General Insurance



New India Assurance Co. Ltd.




 Register now to start BC work

All CSCs will be appointed as Business Correspondents by Banks in order to ensure active participation in Pradhan Mantri Jan Dhan Yojana. The Scheme is aimed at setting up of BCs in all villages across the country having household of 1400.

Pradhan Mantri Jan Dhan Yojana is aimed at setting up of Business Correspondents in all villages across the country having household of 1400. This is an opportunity for VLEs to become business correspondents of banks.

Already 16,000 VLEs have become business correspondent and are earning significant amount of income from banking activity. VLEs who have not so far engaged in BC should submit their details immediately.

To register click the link  



The State Bank of India had announced the implementation of Cash @ Point of Sale (POS) scheme for implementation through CSC, following an agreement signed with CSC SPV on March 11, 2014. CSCs across the country can now act as a micro ATM, which could be used by people with debit cards to withdraw cash. Specifically, State Bank of India’s (SBI) debit card holders across the country can withdraw cash from their nearest CSCs that have a point-of-sale (POS) terminal installed. 

Cash up to a maximum of Rs. 1000/card/day can be disbursed through CSC with POS terminal. This move is in line with RBI’s idea of opening up POS terminals for cash withdrawal that was floated a couple of years ago under the Financial Inclusion Scheme. 

Bank has waived to charge the convenience fee to 1% of transaction amount from the customer account. Earlier customers were hesitant to transact at CSC outlet because of this charge.   

Now, no charges are to be levied on customers in case the transaction are done through CSC with a POS terminal. So far, 400 VLEs have registered on the portal to avail the Cash @ POS scheme. VLE should register their details immediately on under Cash & POS.

All VLEs, irrespective of the fact that he is working on kiosk solution of any bank, should get himself registered for this scheme so that they can immediately start delivery of some banking service. If VLE does not register than SBI will extend the service through other outlets in the same area and VLE shall miss the opportunity. 

SBI too is taking steps to supply and activate the POS machine. To expedite the installation process, SBI Corporate Centre has advised the message to be conveyed to all Circles AGMs (MAB) for providing necessary guidance and support to the regional representatives of CSC SPV when contacted. 

Benefits of Cash @ POS

The Cash at POS facility provides an additional and convenient channel for withdrawing cash from one's bank account. The VLE can earn additional revenue per transaction. 
CSCs can become SBI center which shall increase the business and credibility of the CSC.

This service will help the VLE to serve his/her customer better in a multiple ways.
  • Last minute requirement for cash; doorstep service to the customer in a real sense thus creating confidence and trust amongst the customers.
  • Creating an additional accounts with SBI, especially of those who have got an account with the RRB s (Regional Rural Bank). 

Instructions for VLEs 

Registration in portal should be done only after opening of Zero balance settlement account in the nature of Current Account. In case VLE has already opened such account, there is no need to open separate account. VLEs SHOULD NOT enter their Saving Bank account details in this box as CSC SPV does not have any check to verify as to whether it is Current or Savings Account. Bank would discard the applicant having entered Saving Bank account.

Flow of transaction: 

1. Swipe your card on the Cash at POS terminal
2. Either the cardholder or the merchant to select the type of transaction
3. Enter PIN for PIN based cards
4. Sign the charge slip
5. Collect Cash

We attach herewith a link of FAQs of Cash@POS:  

Link below: