Armesure 1)
Indian Overseas Bank
a Coat pete
& phere
sment of Busin
Regional Office Chennai - | & Chennai - ll Seeks applications from eligible
candidates, to work as a Business Correspondents on commission basis in the
branches situated at Chennai Distict.
Interested inalvidvais may send their filed in pplication to Indian Overseas Bank,
Regional Office Chennai, No 763, Anna Salai, Chennai 600002 as per the format
enclosed along with « recent passport size photograph with duly attested KYC.
Documents such as PAN Card, Aadhaar Card and a valid adcress proof with
present address. The Top of envelop should be mentioned with “Engagement of
Business Conesponden's".
ty of a Business Cor er
1. Individvats with minimum age of 18 and above
2. Retired bank employees/retired teachers/relied government employees
‘and Exservicemen, members of Self Help Groups [SHGs) which are inked
to banks etc., are also eligible.
3 The Applicant should have the minimum queification of 10 sid. and
should be able to read and write in Tamil & English and should have basic
computer knowledge,
4. The Applicants should be a permanent resident of only from Chennai City.
5. The Applicant should produce two references given by respectable
persons preferably known fo the bank.
6. The Applicant should have good CiBiL score.
7. Candidates with lIBF cerfiicate examination for Business Correspondents
wil be preferred,
Scope of Activities:
1. Opening of Savings Accounts
2. Identification of prospective customer / borrowers
3. Creating awareness about savings, digital banking and other products
offered by the bank,
4, Receipt and delivery of small value remittances / payments,
5. Recovery of principal/collection of interest.
6. Collection of small value deposi.7 fel of Micro insurance/Mutual Fund products/persion products/ other
{hiel Barly Products per the norms of SEBLIRDA, ASsociclons of Moher
Fund of india & RB
8. Disbursal of small value credit,
75, oot Step Banking and any other job assigned by Bank time to time.
10.Serving of customers beyond Banking hours
he cies fo be undertaken by the BCs would be within the ncrmol course of
oe yanks onking business, but conducted tough the Scaven
arespondents at places other than the bank premises / ATMs. Our Banton
cave ee acthvties/functions in respect of Business Conespondents os mey be
‘advised by RBI/Bank from time fo time,
to 18. The icants
[tg Endegement of BCs depends upon satisfying the norms of dve diligence as
tcid down by the bank and itis only on temporary basis and thelr seviees wal a
Theat aoe nawally Based on their monthly performance and this arrangement
should not be consived to mean at one of employment In the service of tre
Bank,
pegson of bank in all matters regarding eliibity, selections would be final and
Bincing on all candidates. No Representation or comespondents, wil be
entertained by the bank in this regard,
(CHIEF REGIONAL MANAGER[REQUISIION FOF ENGAGEMENT OF BUSINESS CORKESFONDENTLEC)
‘The Regional oftee
‘chennal& Chennai Rion
Indian Overseas San
Decrsr,
Sub: Raques for engogement of Business Comespondents EC]
| uncettond thot your bank: & going le engage ‘Business Conesponden! (8c)
lorvendiing banng services inselected Centres / ilages. | om essing i "he
Milage ortne post years
| am wing to render my services as EC for your bronch ond cary out the
functions ob costes By your Bank | enclose my bia data in the fermot specie
foryourtina pervs
| om fuly aware and agreeable thot in cate the bank engages ne 05 BC. vi
fexecute 9 Lette ot Agreement and perform Ine cues per he creclions
Irotuchone of the Bore
| ours thot | wil charge my dues satisfacterly ane mointan conidentcity
ff curtomer itermation
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