Friday, August 29, 2014
Pradan Mantri Jan-DhanYojana (PMJDY) in SBI 2014, Application Procedure
General Manager, State Bank of India (SBI), Corporate Centre, Mumbai was optimistic that Pradan Mantri Jan-DhanYojana (PMJDY), which was launched today nationwide, will be a game changer for the common man as also for the banks and Nation.
Pandey is currently in the state capital Kohima in connection with the launching programme of PMJDY in Nagaland, which was formally launched today by Nagaland Legislative Assembly (NLA) speaker Chotisuh Sazo here at Hotel Japfu.
“I believe that the scheme will be a game changer for the common man as also for the banks and Nation. It would enable every household in the country to have access to banking services,” General Manager said in his welcome address during the launching ceremony here this afternoon.
It is envisaged that a State Bank of India (SBI) Customer Service Point will be made available within a reasonable distance where everybody will have access to open a bank account and execute transactions, he said adding that the Nation cannot achieve inclusive growth unless every person participates in this journey.
Apart from opening State Bank of India (SBI) bank account, there is a provision in the Scheme to issue Rupay Debit cards with an inbuilt accidental insurance cover of one lakh rupees.
Going forward and based on some easy terms and conditions, the account holders will also get loan facility. In the second phase of programme, insurance and pension products will also be provided to account holders, he said.
Welcoming the gathering in this mega camp to launch GOI’s ambitious project on financial inclusion in a mission mode, he said “The banks have, so far covered around 3.83 lac villages through branch and BC network and bank accounts have been opened. Under this mission, the banks will expand their network in remaining 3 lakh villages and ensure that at least one account per household is opened during next one year.”
There could be families without a bank account even in villages which are already covered, such families will also be covered in this mission, General Manager said
Across the country, all banks – nationalised as also private sector banks, are holding over 50,000 camps for opening accounts.
In Nagaland state alone, more than 150 camps are being held today, he said adding that banks are also engaged in providing financial literacy at grassroots level.
“The enabling environment has been set in place and we are confident that all those who have not opened account earlier, would come forward to open their accounts. Our State Bank of India (SBI) branches and BC outlets (Bank Mitras) are committed to ensure 100% financial inclusion,” he said and sought the support of one and all to achieve this goal.
Labels: PMJDY 2014