APY Strategy cum Review Meeting for FY 2018-19 for South Based Banks held at Bengaluru; More than 10 lacs accounts have been mobilized during FY 2018-19 and cumulative APY subscriber base is 1.09 crore; Several online features to facilitate subscribers to access their Account without visiting the Bank/Post Branch

7-8-2018

Contents

Pension Fund Regulatory and Development Authority (PFRDA) organised a Regional Atal Pension Yojana (APY) Strategy cum Review Meeting for FY 2018-19 at Bengaluru yesterday for South Based Banks (Karnataka and Kerala) and DOP-Circles with an objective to discuss the target allocated for FY 2018-19 and the strategies adopted by the banks to achieve the same. More than 10 lacs accounts have been mobilized during FY 2018-19 and cumulative APY Subscriber Base is 1.09 cr.

It is empahised that PFRDA has enabled several online features to facilitate subscribers to access their Account without visiting the Bank/Post Branch. These features are expected to benefit APY Subscribers and empower them to carry-out Account related activities as described below.

Grievance Module
APY Upgrade View / Downgrade View
APY ePRAN card/ Statement View
Aadhaar Seeding
APY@eNPS
Mobile Application

APY SPs need to maintain the persistency levels as well of the accounts along with fresh sourcing to be eligible for persistency incentive and ensuring adequacy of corpus for the subscriber.

PFRDA appreciates the efforts taken-out by the APY Service Providers (Banks/DoP) throughout the year and during the campaigns (Incredible leadership/ Passion for Performance/Splendid Seven) for their contribution towards making India a Pensioned Society.

Awards were also given on the occasion. The list of Awardees at the event is as follows:

List of Awardees

S. no.	Name of the Bank	Category	Name of the Official	Name of the Campaign
1	Karnataka Bank	Best Performing Private Bank		Icons of Inspiration
2	Vijaya Bank	Best Performing Nodal Officer	Sanjay Jha	Passion for Performance
3	Karnataka Vikas Gramin Bank	Best Performing Regional Rural Bank		Incredible Leadership
4	Pragathi Krishna Gramin Bank	Best Performing Nodal Officer	Nagaraj	Passion for Performance
		Best Performing Regional Manager	S.V. Kulkarni (Bidar Region)	Splendid 7
		Best Performing Region	South	Splendid 7
		Best Performing General Manager	N.G. Shylendra Udupa	Splendid 7
		Best Performing Regional Manager	B.N. Bhaskara (Davanagere Region)	Splendid 7
		Best Performing Women Branch Manager	Vijayalaxmi Patil (Farhatabad Branch)	Splendid 7
		Best Performing Business Correspondant	Integra Microsystem Pvt Ltd (South)	Splendid 7
		Best Performing Branch Manager (Regional Rural Bank)	Vinayak Vedalaveni (Humnabad Branch)	Splendid 7
5	Canara Bank	Best Performing Nodal Officer	Pratheep		Passion for Performance
		Best Performing PSB			Incredible Leadership
		Best Performing Major Bank			Icons of Inspiration
		Best Performing General Manager	Pramod Kumar		Splendid 7
		Best Performing Branch Manager (Major Bank)	Jayaramudu Jammakula (Molakalmuru Branch)		Splendid 7
		Best Performing Branch Manager (Major Bank)	Vijay Aggarwal (Chandigarh sec 47c Branch)		Splendid 7
		Best Performing Branch Manager (Major Bank)	Paramjit Singh (Bhurekona Branch)		Splendid 7
		Best Performing Branch Manager (Major Bank)	Bipin Kumar Singh (Bommanahally Branch)		Splendid 7
		Best Performing Branch Manager (Major Bank)	Usha Kumari (Ummaid Bhawan Palace, Jodhpur)		Splendid 7
		Best Performing Branch Manager (Major Bank)	Sheikh Aaqib Ahmed (Chanapora Srinagar Branch)		Splendid 7
6	SLBC Karnataka	Best Performing SLBC			Incredible Leadership