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Banking correspondent outlet

Offer basic banking services for a bank in your area.

Money to start

Up to ₹50,000

Time it needs

25 to 40 hours a week

Risk

Low

Works from home

Mostly outside

Explore

The short version. The full Assess, Run and Nurture steps for this way are being written.

Banks appoint business correspondents to open accounts, take deposits and allow withdrawals in areas without branches, for a commission. Training and certification are usually required.

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A Savvy can tell you what you need to register, which tax return fits and which scheme helps.

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