What is SBI CSP?
SBI CSP (Customer Service Point) is a banking service delivery model where SBI appoints Business Correspondents (BCs) to provide basic banking facilities in remote and unbanked areas where opening a full branch is not viable.
As a CSP operator, you act as a mini bank branch – offering services like account opening, cash deposits, withdrawals, money transfers, insurance enrollment, and government scheme registrations.
SBI CSP Commission Structure
| Service | Commission |
|---|---|
| Account Opening (SB) | ₹50 – ₹100 |
| Cash Deposit | 0.40% |
| Cash Withdrawal | 0.40% |
| Balance Inquiry | ₹2 – ₹3 |
| Mini Statement | ₹2 – ₹3 |
| Fund Transfer (NEFT/IMPS) | ₹5 – ₹10 |
| Aadhaar Pay | 0.50% |
| AEPS (Cash Withdrawal) | 1.00% |
| DD Issuance | ₹50 – ₹100 |
| PMJJBY Enrollment | ₹30 – ₹35 |
| PMSBY Enrollment | ₹5 – ₹10 |
| APY Enrollment | ₹15 – ₹20 |
Commissions are approximate and may vary as per SBI's latest circular. BC company share is deducted before payout to CSP operator.
Monthly CSP Targets
Targets vary by BC company and region. Consistently meeting targets improves your rating and may lead to incentive bonuses.
CSP Opening Cost (One-Time)
| Item | Cost (₹) |
|---|---|
| BC Company Charges | 70,000 – 1,00,000 |
| Computer / Laptop | 50,000 |
| Morpho Device (L1) | 4,000 |
| Morpho Device (L0) | 4,000 |
| Iris Scanner | 4,200 |
| Micro ATM | 7,000 |
| Passbook Printer | 35,000 |
| Normal Printer | 15,000 |
| USB Hub | 2,000 |
| Thermal Printer | 5,000 |
| Note Counting Machine | 8,000 |
| UV Lamp | 3,000 |
| Inverter & Battery | 25,000 |
| Counter Furniture | 30,000 |
| GPS Device | 4,200 |
Documents & PDFs
SBI CSP Application Form
PDF • 245 KB
SBI CSP Commission Circular 2024
PDF • 182 KB
CSP KYC Documents List
PDF • 130 KB
No PDF documents uploaded yet
CSP Commission Calculator
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Pro Tip
Focus on CASA accounts and digital transactions — these give higher commission and better BC company ratings. Always maintain adequate cash balance for smooth withdrawals.