IPPB BC (Business Correspondents) SOP | SOP(Standard Operating Procedure) for Appointment of Individual Business Correspondent (s) & NSSO agents as IPPB BCs - Postalstudy | Post Office Blog | Materials for | Exams

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IPPB BC (Business Correspondents) SOP | SOP(Standard Operating Procedure) for Appointment of Individual Business Correspondent (s) & NSSO agents as IPPB BCs

SOP for Appointment of Individual Business Correspondent (s) & NSSO agents as IPPB BCs 

Contents 1. OBJECTIVE

2. APPOINTMENT OF BCs

3. TYPE OF BUSINESS CORRESPONDENTS TO BE ONBOARDED

a) STANDARDIZED AGENCY SYSTEM (SAS) 

b) INDIVIDUAL BCs

4. BUSINESS CORRESPONDENT (BC) OPERATING MODEL 

5. BRIEF PROCESS FLOW

6. SELECTION OF AGENTS

 a) ELIGIBILITY CRITERIA FOR SELECTION AS BC 

b) ASPECTS TO BE CONSIDERED WHILE SELECTING INDIVIDUAL BCs

c) SELECTION PROCESS

7. BRANDING AND DISPLAY AT THE BC OUTLET 

8. DO’s AND DO-NOT’S BY THE BC

9. ONBOARDING THE BCs

a) TRAINING TO BCs

b) ACCOUNT OPENING OF BCs

c) DEPOSIT 

d) ACCOUNTING ENTRIES 

e) DEVICE POLICY

f) AMS ONBOARDING

g) Submission of documentations to C.O. by Circle Heads

10. MATM AND OTHER APPLICATIONS 

11. LIST OF BUSINESS SERVICES TO BE PERFORMED BY THE BC

12. BUSINESS OPERATIONS BY THE BC

13. PERFORMANCE BENCHMARKS: 

14. INCENTIVE STRUCTURE 

15. MIS ON INCENTIVES

16. ACCOUNTING AND RECONCILIATION

17. RENEWAL OF BC ENGAGEMENT

18. TERMINATION PROCESS

19. REFUND OF SECURITY DEPOSIT 

20. FORFEITING OF DEPOSIT 

21. REPRESENTATIONS FROM THE BC

22. USE OF INFLUENCE TO APPOINT BC

23. GENERAL GUIDELINES ON CONTROL, SUPERVISION, MONITORING

24. RESPONSIBITLITY MATRIX

25. CUSTOMER SERVICE 

26. FAQs

27. ANNEXURES



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