Vakrangee Kendra - A Self-Employment Revolution

Vakrangee Kendra
A Self-Employment Revolution

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Become a Bank & Build Respect in your Society

Highest Commission in the Industry

Widest Portfolio of Services

Start an ATM Franchise for Free

Best ATM Franchisee Model in the market

Wide range of e-Commerce Product & Services

Comprehensive Training provided by Vakrangee

Join the Self-Employment Revolution

Apni dukan, apna vyapar badaiye samaj main apna samman, baniye apne pados ke banker!

Vakrangee Kendra is a revolutionary self-employment program that will enable lakhs of Indians to be their own boss while making Rs 50,000 – 100,000 per month along with the respect of being a Banker, Insurance Agent and other services provider for his/her corner of India. Vakrangee Kendra is a “one-stop shop” digital convenience store providing a variety of services such as banking, insurance, e-governance, e-commerce, health, logistics and financial services

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AWARDS AND CERTIFICATIONS

2022

Vakrangee Limited has been identified as a top ESG performer out of more than 4,000 comprehensive companies that Sustainalytics cover in the global universe. In 2022. Vakrangee has been recognized by Sustainalytics as an ESG Global 50 Top Rated company.

Vakrangee Limited proudly announces its nomination in the 'Top 100 Franchise Opportunities for the Year 2022' by Franchise India Magazine. Vakrangee has been bagging this award for the past 2 years and this is the third consecutive year of the 'Top 100 Franchise Opportunities Award'

Vakrangee Limited is pleased to announce that we have received the 'BEST EMPLOYEE ENGAGEMENT STRATEGIES AWARD' at the HR Tech Summit & Awards 2022 held at the ITC Maratha, Mumbai.

Adding one more feather to the cap is the E-governance award at the Rajasthan DigiFest for our significant contribution to the successful implementation of the E-Mitra project in the state. Vakrangee Limited thanks The Government of Rajasthan and the Department For Information Technology and Communication for appreciating our efforts!

Vakrangee Limited is happy to announce that we received an 'ESG Performance Award in Financial Services' at the 2nd Annual ESG Summit & Awards 2022 held on 18th November, 2022 at Radisson, Mumbai.

Vakrangee Limited received an award for outstanding performance and Pan India 1st Ranking for maximum CASA balances in the Accounts Opened & Pan India 2nd Ranking for per BC average payout in the year 2021-22!

2021

Vakrangee has been awarded ESG India Leadership Award 2021 for the Category - “Leadership in Data Privacy and Security” organised by ESGRisk.ai, India’s first ESG rating company.

Vakrangee has been Ranked amongst Top 100 Franchisee Opportunities for the year 2021

2020

Vakrangee has been nominated in the ‘India’s Top 100 Franchisees’ list by the Franchisee India Magazine in the January 2020 edition.

2019

Guinness World Records Title for the Most Stores Launched Simultaneously on 14th January 2019. Launches 1107 Nextgen Vakrangee Kendra stores across the country at 11.07 am on the same day

Awarded as the best 'Financial Services Retailer of the year' at the Indian Retail Awards 2019

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FAQs

Q. What is a Banking BC? How do I become a Banker with that?

A. A Banking BC means a Business Correspondent of the Bank who can conduct many types of Banking transactions such as Account Opening, Deposit, Withdrawal etc. Within 7 days of joining Vakrangee Kendra and opening of settlement account you will become an official Banking BC and hence a Banker.

Q. What are the expenses for setting up a Vakrangee Kendra beyond Rs 9999?

A. There is no extra charge after you pay Rs 9999 to get a Vakrangee Kendra Without ATM. Beyond that you have to setup a 40-65 Ft store as per norms laid out by Vakrangee and can be done after you generate income from the various services.

Q. Are all the services available from day one or some more work required to get them?

A.Banking BC will take a week post opening of settlement account. Amazon service activation can take a few days. Insurance requires you to pass an exam which may take a week or two. All other services are immediately available for Franchisees.

Q. What is the average amount of income made by Vakrangee Kendra's Franchisees?

A.On an average a good Vakrangee Kendra owner can make around Rs 25,000-1,00,000+ per month.

A.We have the most exclusive services such as Demat, Health Services which are not available on any other platform. Hence earning potential is more in a Vakrangee Kendra and that is why we charge a small premium for our outlets.

Q. Can I choose the Bank for banking BC, I want UBI, is it possible?

A. The Bank can be provided of SBM Bank India only

Q. What are the features of a Vakrangee Kendra?

A.With Vakrangee Kendra you get to become a Banking BC and get to provide a whole range of services such as Insurance, Demat Account, Health Services, eCommerce and many more services

Q. Can you shed some light on SBM bank?

A.SBM Bank India is the State Bank of Mauritius and is a licensed Bank by the RBI. SBM is a global Bank having presence in multiple countries. SBM has highly aggressive growth targets and that is why is the best for Banking BC. In SBM you get Rs 40 commission per new account opening which is the highest for any Bank. The transactions of all banks can be conducted at a SBM Banking BC

Q. Can one withdraw and deposit money from accounts held in banks other than SBM?

A.Yes, all bank transactions can be done with AEPS, DMT and SBM Banking BC

Q. Hardly any rural people are involved in equity markets, then what's the point of having a DEMAT account?

A.Stock Market investing is slowly becoming a new avenue for rural people to invest. Past few years people investing stock market is consistently increasing and eager to invest in the same. As a Vakrangee Kendra Franchisee you can enable this change to take place in rural and semi urban areas.