A. A Banking BC means a Business Correspondent of the Bank who can conduct many types of Banking transactions such as Account Opening, Deposit, Withdrawal etc. Within 7 days of joining Vakrangee Kendra and opening of settlement account you will become an official Banking BC and hence a Banker.

A. There is no extra charge after you pay Rs 9999 to get a Vakrangee Kendra Without ATM. Beyond that you have to setup a 40-65 Ft store as per norms laid out by Vakrangee and can be done after you generate income from the various services.

A.Banking BC will take a week post opening of settlement account. Amazon service activation can take a few days. Insurance requires you to pass an exam which may take a week or two. All other services are immediately available for Franchisees.

A.On an average a good Vakrangee Kendra owner can make around Rs 25,000-1,00,000+ per month.

A.We have the most exclusive services such as Demat, Health Services which are not available on any other platform. Hence earning potential is more in a Vakrangee Kendra and that is why we charge a small premium for our outlets.

A. The Bank can be provided of SBM Bank India only

A.With Vakrangee Kendra you get to become a Banking BC and get to provide a whole range of services such as Insurance, Demat Account, Health Services, eCommerce and many more services

A.SBM Bank India is the State Bank of Mauritius and is a licensed Bank by the RBI. SBM is a global Bank having presence in multiple countries. SBM has highly aggressive growth targets and that is why is the best for Banking BC. In SBM you get Rs 40 commission per new account opening which is the highest for any Bank. The transactions of all banks can be conducted at a SBM Banking BC

A.Yes, all bank transactions can be done with AEPS, DMT and SBM Banking BC

A.Stock Market investing is slowly becoming a new avenue for rural people to invest. Past few years people investing stock market is consistently increasing and eager to invest in the same. As a Vakrangee Kendra Franchisee you can enable this change to take place in rural and semi urban areas.