R.srivastghsan 1137 days ago

As lot of reforms are taking place in Banking and financial sector, there is urgetnt need for creating kiosks of financial transction units at conveninet locations where in the kiosk will have two bank staff for reciving cash upto and below rs.25000 from any person irrespective of the customer having account in any branch of any bank. the staff will receive the fund and credit to his account of his prefernece3 and this will function from 8 Am to 9 pm in night This wiull greatly reduce foot print of different people to banks of their branch. The mobile cash van will collect cash once it reaches 5 lakhs and take it common stron room or deliver it to banks as per directive.This will unneccesry rush in bank during morning hours. which is waste time of depositor. In the same kiosk there will be another staff who will transfer money from one account to another of any bank of any branch as per instruction of clients and this shall be limited to just beloe rs. 50,000. This fertility to be started in urban centeres and residensital localities of city.The present staff of bank can be deputed for this purpose. A pilot startup can be done in some of the important cities like Bangalore, poona, indore, nagpur etc.