Note : Achariya Technologies doesn't accept any cash payments.

Bank BC

Banking Services

Achariya Technologies Pvt. Ltd. has emerged as leading player at the forefront driving financial inclusion and social inclusion initiatives through its network of BC Kiosks providing Business Correspondent Banking Services. Achariya Technologies is a Corporate Business Correspondent to major public sector Bank of Baroda that offers an advanced platform for real-time, paperless, inter-operability banking, which provides a unique service experience to the customers. Our BC Kiosk render comprehensive banking services to the unbanked and under banked population of India.


Service Offerings

  1. Bank Account Opening under Pradhan Mantri Jan Dhan Yojana
  2. Cash Deposits, Withdrawals, Money Transfer
  3. Fixed and Recurring Deposits
  4. Balance Enquiry, Statement of Accounts
  5. Disbursement of money under Direct Benefit Transfer
  6. Lead generation for various loan productsof Bank
  7. Enrollments under Micro Insurance schemes (PMSBY and PMJJBY) and Atal pension Yojana, Sukanya Samriddhi Yojana, Public Privident Fund scheme.

Key Features and Benefits

  1. Our outlets are located at the Gram Panchayat level or village locations so that the customers need not travel long distances
  2. Our outlets are open for banking services beyond normal banking hours thus providing convenience
  3. All our outlets offer paperless and biometric enabled banking to enable the uneducated rural population to do transactions in ease
  4. We provide interoperable banking across banks if the user’s account is linked to Aadhaar number
  5. Facility to open zero balance accounts under the scheme PMJDY, which is a financial inclusion initiatives

Benefits of Pradhan Mantri Jan Dhan Yojana (PMJDY) Account

  1. No minimum balance required
  2. Accidental insurance cover of Rs. 2,00,000
  3. Life insurance cover of Rs. 30,000 payable on death of the beneficiary, subject to fulfilment of eligibility conditions
  4. Beneficiaries of Government schemes will get Direct Benefit Transfer in these accounts
  5. Overdraft facility up to Rs. 10,000 is available for one account per household, preferably to the female member of the household.
  6. Accidental insurance of Rs.2,00,000 under Pradhan Mantri Suraksha Bima Yojana at a very nominal premium of Rs.12/- p.a.
  7. Life Insurance cover of Rs.2,00,000 under Pradhan Mantri Jeevan Jyoti Bima Yojana at an affordable premium of Rs.330/- p.a.
  8. Guarantees monthly pension of Rs.1000/- to Rs.5000/- p.m. under ATAL PENSION YOJNA for weaker section of society at an affordable premium.

How a person can become a Banking Correspondent

Interested candidate should down load application form and BC selection format from the website and submit the both the forms duly filled in all the columns and self attested copies of Aadhar card, PAN card, qualification certificate (not below 10th class) and latest police verification report through email to . On receipt of application and documents Company representative verifies genuineness of papers and availability of location in consultation with Bank and l forwards the request of identified candidate with appointment letter issued by Company to concerned branch of BOB for opening of BC settlement account of BC and complete all the formalities required by Bank. After completion of all the formalities and opening of BC settlement account the Comply applies for K.O.Code generation to Bank. Bank’s Head office issues K.O.Code for identified BC. On receipt of K.O.Code Company’s technical team calls the BC for uploading Bank BC’s software on BC’s computer system and provide necessary primary training for starting operation at BC point. The BC has to work as per PMJDY norms and various schemes of GOI and Banks.

Who can become Bank Business Correspondent for Banks?
Non-Governmental Organisations(NGOs) Farmers clubs
Self Help Groups (SHGs) Community based organisations
Micro Finance Institutions (MFIs) Village Knowledge Centres
Post Offices Agri Clinics/ Agri Business Centers
Insurance agents KrishiVigyanKendras
Panchayats Khadi and Village Industries units
Civil Society Organisations (CSOs) Corporate entities with IT outlets in rural parts.
Services Offered By Bc( BankMitra)
Tatkal Money Transfer to any Bank Account/IMPS Transaction/ Balance Enquiry Mini Statement Deposit / Withdrawal of Cash
Fixed Deposit / E-KYC Enrolment Aadhar Enabled Payment System(AEPS facility) Rupay ATM Card/Identity Card
Loan Deposit / Recurring Deposit Social Security Schemes (PMJJY, PMSBY & APY) Pass Book Printing
DBT enabled facility in accounts Saving Account Opening 3RD Party Finacial Products Like : Insurance Pension etc.