Finance Ministry Framing Incentive Scheme for Bankers to Push 'Jan Dhan': Report
By PTI
NEW DELHI: In order to give a push to Jan Dhan scheme, the government is working out an attractive incentive scheme to encourage bankers to expeditiously meet account opening target.
"The Finance Ministry is preparing incentive scheme for bankers. It will be unveiled soon," sources said.
The government has already fixed minimum monthly renumeration of Rs.5,000 to business correspondents who provide the last link between the account holders and the bank.
The first phase of Pradhan Mantri Jan Dhan Yojana (PMJDY) is scheduled to be completed by January 26, 2015, as against original plan of August 15, 2015.
Prime Minister Narendra Modi launched this ambitious scheme of financial inclusion on August 28 and announced that 7.5 crore bank accounts would be opened during the first phase.
The main features of the PMJDY scheme include Rs.5,000 overdraft facility for Aadhar-linked accounts, RuPay Debit Card with inbuilt Rs. 1 lakh accident insurance cover.
Besides, account holders under the scheme will get life insurance cover of Rs.30,000.
Earlier, the Cabinet, headed by the Prime Minister, took stock of the Jan Dhan Yojana, under which banks have opened 3.02 crore accounts and mobilised about Rs.1,500 crore.
As of September 8, 2014, 3.02 crore accounts have been opened, of which 1.89 crore are in rural areas and 1.13 crore are in urban areas.
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