Commonwealth Inclusive Growth Services Ltd Franchise Opportunity

Business Detail

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

Commonwealth Inclusive Growth Services Ltdwas 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 ofover 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

Investment Detail

Commenced Operations

Operations Commenced On 2008

Franchising / Distribution Commenced On 2009

Franchise Details

UNITS

Location Store wise

Investment INR 10000 - 50000

TRADE PARTNERS

TRADE PARTNER - 1

TYPES OF CHANNELS Retailer

INVESTMENT (IF ANY)Rs. 10000 - 50000

MARGIN / COMMISSIONS %

AREA REQUIREMENT100 - 200 Sq.Ft. - Sq.ft

TRADE PARTNER - 2

TYPES OF CHANNELS 2

INVESTMENT (IF ANY)Rs. 10000 - 50000

MARGIN / COMMISSIONS %

AREA REQUIREMENT - Sq.ft. - Sq.ft

Master / Multi Unit

शहर अनुसार

Investment INR 10000 - 50000

Expansion Locations

North

South

Andhra Pradesh, Karnataka, Kerala, Tamil Nadu

East

Odisha, West Bengal

West

Central

Bihar

UNION TERRITORIES

Pondicherry

Franchise Details

Anticipated percentage return on investment 150%

Any Other Requirements Equipment - Computer, Printer, Biometric Scanner, Point of Sale Device (We can also help in sourcing)

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 100 - 200 Sq.ft

Preferred location of unit franchise outlet Metros, Urban - Ideally few kilometers away from Banks

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 3 Years

Is term renewable? Yes