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123308 Business Correspondent agents (BCAS) (Bank Mitras) (BMS) Deployed under Pradhan Mantri Jan Dhan Yojana (PMJDY) Financial Inclusion Program;Playing a Major role in Spread of Financial Literacy by Educating the People about Banking Services and Meeting their Banking needs .; 79305 BCAS/BMS did Cash (Receipt Payments) Transactions 34205 BCAS/BMS did Remittances and total 1.20 crore Transactions done by the BCAS/BMS During the Week Ended on 9th September 2015

Dated:- 22-9-2015 - The main focus of Pradhan Mantri Jan Dhan Yojana (PMJDY) is to cover all the unbanked households of the country so as to provide them with the universal access to banking facilities. In the Urban and Rural areas where opening of a brick and mortar branch / ATM is not viable, Banks have engaged Business Correspondent Agents/Bank Mitras (BCAs/BMs) for providing the banking services. These Business Correspondent Agents /Bank Mitras represent the concerned banks and offer banking .....

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ted services. These services are delivered through biometric authentication and using Rupay ATM/ Debit cards swiping with PINs. Monitoring of the BCAs/BMs deployment, availability& transactions is reviewed in Video Conference (VC) meetings with top management of the Banks, at weekly intervals by Department of Financial Services (DFS) officials. In review meetings, guidance/directions are given to resolve issues, if any, for successful implementation of PMJDY. It has yielded good results. Dur .....

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