| Address: Kolkata, West Bengal |
Sir, We do work as a Customer Service Point of State Bank Of India. FIA technology services privet limited appointed us. Many others compenys or NGO is giving more commission of their csp then FIA is giving us.
Actual rule is 25% commmission will take companies and 75% for CSP, from total commission which SBI gives.
But FIA is not giving us.
Please Sir do something. I am giving FIA' s commission chart and which SBI gives.
SBI
The structure of commission being paid by state bank of India is as under:-
On deposits : Nil
“ “ : Annual Average Balance : 0.5% (annual)
“ “ : 50 paise per account per month (Maintenance)
On withdrawal : 0.5% (Min. Re. 1/- Max Rs. 12/-)
(If commission is below Rs. 2000/- it will be top up to Rs.2000/- only)
It is apparent that amount of commission arrives at not exceeding to Rs. 3000 to 4000 per month approximately, while recurring expenses of B.C. is atleast Rs. . 4000/- (not included personal expenses, entertainment expenses to customers, conveyance expenses etc.). Thus in some cases business correspondents are losing from their own pocket every month, and are awaiting for enhancement in the model of commission structure.
On remittance : 2/5 : 3/5 ratio (Bank : B.C.)
On loans : 0.75% to 1% conditional (however it depends totally on link Branch whether to sanction loan or not: thus it is equal to zero for B.C.)
On Account opening : Rs. 20/- per account opened.
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