Bartronics India Limited ("the Company") has been empanelled by Bank of Maharashtra as a Corporate Business Correspondent (CBC) for providing business correspondent services to the Bank for a period of five (5) years.
The empanelment contract shall commence from the date of acceptance of the Empanelment Letter and will be executed over an initial period of five (5) years, extendable at the sole discretion of Bank of Maharashtra on mutually agreed terms.
The empanelment is a service-based engagement. The consideration will be determined in accordance with the Service Level Agreement (SLA) to be executed with Bank of Maharashtra and will depend on the volume of business correspondent transactions handled during the contract period.