InterviewSolution
| 1. |
What Are The Functions Of Bc? |
|
Answer» BCs are permitted to PERFORM a variety of activities which include identification of borrowers, attend to collection of small value deposit, disbursal of small value credit, recovery of principal / collection of interest, SALE of micro insurance/ MUTUAL fund products/ pension products/ other third party products and RECEIPT and delivery 7 of small value remittances/ other PAYMENT instruments, creating awareness about savings and other products, education and advice on managing money and debt counseling, etc. BCs are permitted to perform a variety of activities which include identification of borrowers, attend to collection of small value deposit, disbursal of small value credit, recovery of principal / collection of interest, sale of micro insurance/ mutual fund products/ pension products/ other third party products and receipt and delivery 7 of small value remittances/ other payment instruments, creating awareness about savings and other products, education and advice on managing money and debt counseling, etc. |
|