The Full Form of CSP Meaning, and Definition 

On this page, We are going to learn about the full form of CSP and the meaning of CSP, As well as the meaning, definition, abbreviation, and acronym for CSP in different categories. So you should read this post till the end.

Full Form of CSP: Customer Service Point

CSP Stands for Customer Service Point. CSP centers are mini banks. Where almost all banking facilities are made available. these Customer Service Point (CSP) centers help customers to withdraw and deposit money.

The main purpose of CSP centers is to provide all the facilities of banking to remote areas by opening Mini Banks or Customer Service Centers (CSPs).

Facility Available In CSP center

What are the banking facilities we get in CSP? Although it can also depend on the Bank, that what kind of facility provides them. but you will definitely get services and facilities which are as follows –

  • Facility to send money from one bank to another bank,
  • Balance inquiry,
  • The facility of Atal pension yojana,
  • Insurance premium payment and
  • Overdraft service facility,
  • Help in taking loans,
  • Insurance and mutual fund facilities,
  • Money deposit (deposit) and withdrawal (withdrawal) facility,
  • Mobile recharge,
  • Issuance of atm card,
  • Postpaid and landline phone bill payments,
  • Dth recharge,
  • Data card recharge,
  • Facility to link Aadhar and pan cards in a bank account,
  • Opening a savings bank account,
  • The facility of Pradhan Mantri Jeevan Jyoti bima yojana or Suraksha bima yojana,
  • The facility of giving Kisan credit cards (kcc),
  • Passport etc.
  • Ticket booking,
  • Aadhar and pan card features,
  • Opening rd and fd accounts,
  • Aadhaar-enabled payment service (aeps) facility,

Eligibility For Opening CSP (Mini Bank)

are you interested to open a CSP center, then here are some Eligibility criteria For Opening CSP, that is following –

  • The applicant’s age should be more than 18 years,
  • Applicant should be a resident of the same area were to open CSP,
  • Applicant’s passport-size photo,
  • Educational Qualification should be 10th or above
  • character certificate
  • Address proof
  • pan card and Aadhar card
  • bank account details
  • Basic knowledge of English and Computer
  • Preference will be given to retired employees or retired army personnel.

Total cost to open CSP center

If you want to open a CSP (Customer Service Center), then you may have to spend at least ₹ 20000-30000 for this. Apart from this, you should have a room or shop of 100 square feet, electricity facility.

As well as, A Laptop or computer (which should have at least 4GB RAM and 512GB hard disk), internet connectivity, scanner and printer (Normal and color), Fingerprint Scanner, WebCam/Digital Camera, Customer Seating desk, etc.

If you add the cost of all these materials, then you can have a total expenditure of ₹ 1 lakh to ₹ 1.5 lakh. But to open a CSP center, the bank also provides a loan facility, in which you get a loan of up to ₹ 125000, which you get a loan of ₹ 50000 for a vehicle, ₹ 50000 loan for a laptop, printer, and scanner, and ₹ 25000 for working capital.

services will you receive from the CSP provider

The CSP provider company provides different types of CSP equipment these are following –

  • Banking Software, Portal ID, KO ID, and Branch Code,
  • electronic biometric readers
  • electronic fingerprint scanner
  • Recognized Certificate of Bank Correspondent (BC)
  • Bank banners, stickers, templates, etc.
  • Customer Service Center (CSP) Training facility
  • CSP provider company’s support for technical problems

How to start or open a CSP center

What is the procedure for opening a Customer Service Center (CSP)? well, there are two ways to open a Customer Service Point.

  • Through contact bank

An application has to be given to the bank manager to open CSP. if you are eligible for it, Bank Manager will give you information about Qualifications and Investment.

If CSP is required in your area then will give you a Username and Password from the bank with approval to open CSP. Nowadays, these are popular banks are prominent for CSP applications –

  1. Customer Care Center by SBI
  2. Customer Service Center by BOB
  3. Customer Service Center by PNB
  • Through CSP Provider Company

Today, You can also start a Customer Service Center (CSP) by contacting these companies such as

  1. Bank Mitra
  2. Paypoint
  3. CSC
  4. Vyam Tech
  5. Oxygen
  6. Sanjivini
  7. FIA Global

There are some of the most commonly used acronyms, abbreviations, full forms, and the meaning of CSP are listed in different categories below the table.

TermsFull Form
CSPC Server Pages
CSPCable Service Provider
CSPCache Server Pages
CSPCall Service Position
CSPCallback Service Provider
CSPCertificate Service Provider
CSPCertified Safety Professional
CSPCharacter Sheet Page
CSPChip Scale Package
CSPChip Scale Packaging
CSPChipset Support Package
CSPClan Skin Package
CSPClan Strength Project
CSPClean Ship Program
CSPClient-Server Protocol
CSPCluster Server Package
CSPCode and Signal Publication
CSPComfortable Starting Pitch
CSPCommerce Service Provider
CSPCommunications Support Processor
CSPCommunity Safety Partnership
CSPCompletely Self-Protected
CSPComputer Security Plan
CSPConcentrating Solar Power
CSPConstraint Satisfaction Problem
CSPContinuous Speech Processing
CSPCoordinator Special Programs
CSPCrisis Staffing Procedures
CSPCryptographic Service Provider
CSPCrystal Server Pages
CSPCustom SIM Profile
CSPCustomer Service Professional
CSPCustomer Spare Parts
BIOS Full FormRAW Full FormUPI Full FormPVC Full Form
OK Full FormLOL Full FormRSS Full FormART Full Form