Kiosk Banking is an important concept and it is basically developed for rural areas where less number of banks available or no bank facilities are there and where people can’t reach to the banks to use the services. That is why RBI has introduced Kiosk Banking Service as a Mini Bank Service.
It is conceived that the kiosk will function with the support of leading banks in the Private, Public and Cooperative sectors, we wanted to be in association with one of the below banks.
Now we are in association with YES BANK.


There is no minimum balance or charges levied.
The account holder can have an unlimited amount in his Account, there are no limitations.But the Maximum limit of a transaction is 10000/- per day.
Easy deposits, withdrawal, and cash remittances.
Cheque book is not issued. They will be given a debit card to withdraw the amount.
Loan against term deposit is given to the account holder.
Hassel free opening of Savings account.
Less documentation, no queues, no travel expenses.
Rupay ATM card/ SBI identity card


For opening an account the process that should be followed by the operator is as follows:

Once the customer comes to you for account opening give them a form to open an account.
Once the form is filled the only ID proof that is required is AADHAR card for the opening of the account.
Go to the option of customer creation and enter the details of the customer by filling their details in the form.
Now take the biometric of the customer and take the photograph of them.
Ask the customer to cross verify their details.
Once the Account is opened information is given to the customer that the debit card would be sent to their communication address within 15 working days.


For depositing of the cash into the account the customer needs to follow these steps:

Customer needs to carry his Rupay Debit card along with him to Deposit money in the account.
A total of Rs. 10,000/- can be deposited by each individual in a day.


The procedure for withdrawal of the amount is:

Customers are given a Rupay ATM cards, which are similar to Master Card or Visa debit cards.
At each Republic Centre, an ATM machine of YES Bank is installed.
Customer will have to use his Rupay Debit Card to withdraw the amount.
Every day a minimum amount of 10,000/- can be withdrawn from his account.
These are the procedures for withdrawal and depositing of cash by Kiosk Banking.


MoneyGram is the second largest provider of money transfers around the world.It is a money transfer company based in the United States with headquarters in Dallas, Texas. It has an operations centre in St. Louis Park, Minnesota and regional and local offices around the world.

MoneyGram businesses are divided into two categories:

Global Funds Transfers and Financial Paper Products.The company provides its service to individuals and businesses through a network of agents and financial institutions.The company operates in more than 200 countries with a global network of about 347,000 agent offices.

By Using MoneyGram anyone can send the money in following ways:

Sending money online
Sending money in person
Sending money to a bank account
Sending money to a mobile wallet
Hassel free opening of Savings account.

Sending Money Online To Bank Account:

The sender needs to select the Country to which he is sending the money and also the Receiver’s full legal name.
Once the receive option displays on the screen, they should enter the amount they wish to send.
An amount can be paid either through Debit or Credit card or directly from their bank account. (The currency exchange rate and fees will be displayed on the screen).
The sender has to enter their information so the verification identifier is done.
Need to provide the Receiver’s/ Recipient’s information along with their bank account no. Then review and send.

Receiving Money:

When the customer is receiving money, they must have the reference number of the Sender and Valid Id proof of them.

To receive money through Money Gram the Location is Republic Centre.
The receiver has to take the Reference no from the sender for the transaction. This reference no is on the receipt and is included in emails for confirmation of the online transfer.
The receiver needs to bring a valid photo ID. A receiver may also be asked to provide proof of their address (bank statement or utility bill).
If required, complete a simple Receive Form entering the Reference no given to you by the sender. Hand the received form and your valid photo I.D. to the person at the counter to receive your money.
That’s it. All done.
MoneyGram offers many send and receives options allowing transfers to arrive within minutes.
MoneyGram offers affordable exchange rates and fees.
So it is a fast, affordable and convenient way to send and receive money through MoneyGram.


Plot No.18, Mithila Nagar

Road No. 12, Banjara Hills

Hyderabad, Telangana - 500 034