Category
  • Advertisement & Media
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Entertainment
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotels And Resorts
  • Manufacturing
  • Retail
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
Commonwealth Inclusive Growth Services Ltd

Commonwealth Inclusive Growth Services Ltd

Category: Others Financial
No. of Franchise Outlets: 1000-10000
Area Req: 100 - 200 Sq.ft
Investment: Rs. 10,000 - Rs. 50,000
Business Details

Commonwealth Inclusive Growth Services - a business model you cannot let go!

Commonwealth Inclusive Growth Services Ltd was established to undertake economically viable and socially uplifting activities in the areas of banking & finance, starting with banking the unbanked and under-banked segments.

CIGS operations are well aligned to PMJDY and have successfully expanded its operations to include coverage of over 6000 villages servicing over 3.5 million customers. CIGS manages over 3000 micro entrepreneurs acting as customer service points in more than 15 states across India servicing over 3.5 million customers.  The services include Deposit, Withdrawal, Money transfer, Issue of RuPay Debit Cards and various insurance products & services approved by partner banks and Reserve Bank of India.

Kiosk Banking

Now CIGS is expanding its operations and providing a unique opportunity to reputed retail outlets to offer Kiosk Banking. Under Kiosk Banking scheme, a retail outlet can enhance its income and reputation by offering products of a public sector bank to the customers.

Range of Services offered through Kiosk Banking

  • Account Opening
  • Biometric Capture
  • Online Opening of Recurring Deposit
  • Aadhaar Seeding
  • Term Deposit (Mobilization)
  • Update Customer Number, Nominee details etc
  • Cash Deposit
  • Closure / Renewal of FD (only request capture)
  • Cash Withdrawal
  • Closure / Renewal of RD (only request capture)
  • Money Transfer              
  • Bill Payment
  • Remittance - Cash to Account                    
  • Account to Account       
  • Self Help Group Formation
  • Insurance & Pension     
  • Loan Products & more

Franchisee Profile:

  • Person with zeal to become successful as an entrepreneur
  • Person looking to start a new business with a reputed name in the industry
  • Person with entrepreneurial excellence and sound managerial skill
  • Individual ready to put full endeavours to be the leading brand name

Support & Benefits Offered:

  • Field assistance available for franchisee
  • Experts from head office will assist the franchisee
  • Marketing Support
  • High returns on investment

Join hands with us to get set for lucrative ROI.

Commonwealth Inclusive Growth Services Team

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Commonwealth Inclusive Growth Services Ltd Investment Details

Commenced Dates
Date Commenced Operations
2008
Date Commenced Frachising / Distribution
2009
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 10 K - 50 K
Master / Multi Units
Area
Investment
Unit/Brand Fee
Master/Brand Fee
Royalty/Commission
City Wise
Rs. 10 K - 50 K
Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)
Types of Channels
Investment
Margin
Area Requirement
Retailer
Rs. 10 K - 50 K
100 - 200 Sq.Ft.
DSA
Rs. 10 K - 50 K
- Sq.ft.
Expansion Locations
North
 
South
Andhra Pradesh, Karnataka, Kerala, Tamil Nadu 
East
Orissa, West Bengal 
West
 
Center
Bihar 
Union Territories
Pondicherry 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
No
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
150
Likely pay back period of capital for a unit franchise
Other investment requirements
Equipment - Computer, Printer, Biometric Scanner, Point of Sale Device (We can also help in sourcing)

Commonwealth Inclusive Growth Services Ltd Property Details

Type of property required for this franchise opportunity
Commercial
Floor area requirement
100 - 200 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet
Metros, Urban - Ideally few kilometers away from Banks

Commonwealth Inclusive Growth Services Ltd Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
Is field assistance available for franchisee?
Yes
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

Commonwealth Inclusive Growth Services Ltd Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
3 years
Is the term renewable?
Yes
Dec, 02 2016

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