The agent banking provides support to the agent & the agent will offer the service of the bank to the customer in a comfortable manner remotely. The agent is directly under the supervision of a certain branch. The agent banking concept is a blessing to the banking industry as there are more remote places and less opportunity for people to receive any type of banking services. The agent is directly under the supervision of a certain branch.
Collection and processing of documents regarding account opening, loan application, credit and debit card application from customers.
Collection of small value cash deposit and cash withdrawal.
Inbound foreign remittance disbursement.
Balance inquiry, issuing and generating of the mini bank statement.
Facilitating fund transfer, utility bill payment.
Facilitating small value loan disbursement and recovery of loans, Installments.
Other Functions like deposit collection, payment of insurance premium, etc.