HDFC Bank, CSC partner to launch EMI collection service for business correspondents
January 28, 2021
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HDFC Bank and CSC e-Governance Services, on Thursday, announced the launch of EMI Collection Services for CSC-HDFC Bank’s business correspondents across the country.
“This will make payments convenient for customers, who can now visit their nearest CSC, to deposit overdues. The CSC-HDFC bank correspondent or village level entrepreneur (VLE) will match the loan account with the customers’ registered phone number to cross check the amount payable on the system,” said a statement.
The VLE will then provide a receipt for the amount collected and deposit the amount in the prescribed form to bank.
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