Brief Job Description: Business Correspondents (BCs) & Business Facilitators (BFs) are representatives appointed by banks to act as their agent and provide banking services in remote locations where the bank does not have a presence in order to promote financial inclusion. The fundamental difference in the role of the BC and BF is that BCs are permitted to carry out regular transactions for customers on behalf of the bank.
BFs are only responsible for spreading awareness related to banking and bank’s products, assisting the bank in business generation activities and recovery of bad debts. However, they do not undertake any cash transactions
Job Role
Business Correspondents and Business facilitators are representatives of a bank, responsible for building awareness, sourcing prospective customers. In addition, business correspondents are also responsible for carrying out banking transactions for existing customers.
Minimum Educational Qualifications : Class X
Maximum Educational Qualifications : Class X
Minimum Job Entry Age : 18 Years
Experience : Experience preferred but not mandatory
Personal Attributes
The individual is required to have good interpersonal and problem solving skills. The individual must be self-driven and organized with their work and act with integrity when performing multiple task for the customers
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We were amazed by how little effort was required on our part to have prepared our Employees. We exchanged a few phone calls and e-mails, and they… handled the rest.
