Business Proposal for CSP

Products Offered: -

›› Account Opening

›› Cash Deposit

›› Cash Withdrawal

›› Recharges

›› BBPS

›› Insurance

›› AePS
Current Business Opportunities

1) Sourcing Savings Bank Account

On successful onboarding with us, we will provide mobile application using which partner can
open Savings bank account of Individuals with NSDL Payments bank. The account opening
process is completely digital, and one can open account merely in 5 minutes. On each successful
account opening and initial funding partner will gain commission.

Features of NSDL PB Savings bank Account

1) High Interest rate of 4% p.a
2) No Minimum balance constraints
3) 100% Digital account opening

To experience quick, smooth and paperless Savings Account opening. Download our Jiffy App
http://bit.ly/JfWA190320

2) Cash Deposit
3) Cash Withdrawal
4) Recharges
5) BBPS
6) Insurance
7) AePS

Pricing and Commercials

Affiliation Fee - XXXX

1) Distributor: Rs 1 Lakh

2) CSP/Agent : Rs 10,000

* Affiliation fee is exclusive of GST

* Affiliation fee is Non-Refundable

Affiliation Fee - Distribution

1) If CSP is onboarded, 15% of Affiliation fee collected from CSP will be distributed to Distributor.

Savings Bank Account

The Account opened will be zero balance Savings Account. There will not be any account opening
charges levied on the customer. However, the commission structure for CSP will be as per following
table: -
 Parameter Account opening Fee Channel Commission

Account Opening INR 100 + GST CSP 25

DS 10

Transaction limit on Cash Deposit & Cash Withdrawal:

Per Customer Cash Deposit Cash Withdrawal

Amount per transaction Rs. 49,999 Rs. 10,000
No of transactions per month 5 per month 3 per month

Cash Deposit and Cash Withdrawal

CSP

Service Logic Customer Charge Commission

INR 1 or 0.20% of deposit value
First transactions in a whichever is higher limit to maximum
month 0 INR 5
Cash INR 5 or 0.5% of
Deposit deposit value
whichever is INR 1 or 0.20% of deposit value
Post first transactions in higher whichever is higher
a month
INR 5 or 0.5% of
Cash
All withdrawal deposit value INR 1 or 0.20% of deposit value
Withdrawal
transactions whichever is higher whichever is higher

Distributor

Service Logic Customer Charges Commission

First
transactions 0 0
Cash in a month
Deposit Post first
INR 5 or 0.5% of deposit INR 1 or 0.10% of deposit value
transactions
value whichever is higher whichever is higher
in a month
All
Cash INR 5 or 0.5% of deposit value INR 1 or 0.10% of deposit value whichever
withdrawal
Withdrawal whichever is higher is higher
transactions
 Recharges/BBPS

Income received from NPCI/Oxygen: X

Commission for CSP: 0.6*X

There will be Zero Commission for BOs in case of BBPS

AePS

Note: -

1) Commission settlement to CSP/master distributor/distributor will be once a month in Phase 1.

Commission credit will be done to entities current account opened with NSDL Payments Bank.
2) All commissions will be inclusive of GST
3) Applicable TDS will be deducted during Pay-out