Shri Jaypal Godara
Managing Director

Business Correspondence

Business Correspondents (BC) is a representative authorized to offer services such as cash transactions where the lender does not have a branch. Primary role of BC is to oversee the proper development and functioning of indirect banking channels. These business correspondents are subject to RBI regulations and would have direct contact with one or more financial institutions. These BC’s charge a commission from the bank for enrollment of clients, transactions, deposits etc.
Functions:-
•Create awareness about savings.
•Give advice to villagers, about how to save/invest money and how to arrange/manage loans.
•Help the villagers to open bank accounts.
•Collect loan applications, forward them to bank.

 

Agent User Manual

BC Application Form

 

The Nagaur Central Cooperative Bank Ltd is registered with DICGC.