Implementation of Pradhan Mantri Jan Dhan Yojana (PMJDY)

West Tripura District, Tripura

1

West Tripura District

• Area - 983.63 Sq km

• Subdivisions-3

• RD Blocks -9

• Panchayats- 164

• Population -9.88 lakh (2011 census)

• ST population- 22 %

• SC Population - 23 %

• Literacy rate -96.49 %

– Male -97% and Female -95.99%

• Sex ratio: 972

2

Banking Profile of West Tripura District

• Total No of Banks – 35 Nationalized:-21 Others:- 14

• Total Number of No Bank Mitras (Business Correspondents) – 74

• Average population covered per branch – 5882

Banks Rural Urban Semi urban Total No of BCs

Public sector(UBI,SBI, UCO, BoIetc)

27 61 3 91 32

Tripura Gramin Bank 13 11 11 35 27

Tripura State Cooperative Bank

7 14 0 21 15

Private Sector 4 15 2 21 0

Total 51 101 16 168 74

3

Rolling out PMJDY in West Tripura

Hon’ble Chief Minister of Tripura inaugurates PMJDY

scheme in West Tripura District on 28 August 2014

at Rabindra Bhawan, Agartala.4

Achievements under PMJDY • Total number of PMJDY accounts opened till date in district – 299774

( 30 % of the total Population of the District- 2011 Census population of West Tripura - 9.88 lakh)– Number of Rural accounts opened under PMJDY– 87758 (29.2%)– Number of urban accounts opened under PMJDY– 212016 (70.7%)

• Number of PMJDY accounts held by women-97110(33%)• Number of PMJDY accounts linked with Aadhar – 223237 (74.47%)• Number of RuPay cards issued – 261726 (87.3%)• Number of RuPay cards activated – 149922 (57.3% )• Number of zero balance PMJDY accounts – 46880 (15.64%)• Number of zero balance accounts for women-13595 ( 14 %)• Total Deposits in PMJDY accounts – Rs.119.61 crore• Total Number of PMJDY account holders under social security

schemes – 132994 • Pradhan Mantri Jivan Jyoti Bima Yojana (PMJJBY)- 92660 • Pradhan Mantri Suraksha bima Yojana( PMSBY)-39176 and • Atal Pension Yojana (APY) -1158.

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Achievements under PMJDY contd..

Number of RuPay cards issued – 2,61,726 (87.3 % )

RuPay cards Activated – 1,49,922 (57.3% of cards issued )

Number of zero balance accounts – 46880 (15.64%)

Number of zero balance accounts for women – 13595 (14%)

Deposits in PMJDY accounts – Rs.119.61 Crores

New account

opening under

PMJDY in Jirania

community Hall on

9th September 2014

6

Awareness on accident insurance cover

Accident Insurance Cover of 100000/- inbuilt in PMJDYscheme & of Rs. 200000/- in Pradhan Mantri SurakshaBima Yojana (PMSBY)

Awareness by Lead Bank/other banks is being done-

By way of centrally sent SMS

Organization of Financial Literacy Camps(FLC) by banks

Radio advertisements by the banks.

Through Bank Mitras of various banks.

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Efforts for Activation of RuPay Card

• Regular monitoring and directions at District Consultative Committee (DCC) Meetings

• Centralized SMS to customers to carry out at least one transaction every 90 days to keep RuPay card active.

• Regular Financial Literacy Camps(FLC) camps

• Through Bank Mitras

Women with RuPay card and cash after

transaction with Bank Mitra at Mandai

Panchayat 8

Role of Bank Mitras

• During 2015-16, Bank Mitras have carried out total 22,18,247 transactions with an amount of Rs.545.64 Crore.

• Opening of new accounts under PMJDY, awareness for activation of RuPay cards and Insurance Cover.

• Distribution of MGNREGA payment through BC Model in remote areas

A Bank Mitra working at Paschim Kamalghat GP, Mohanpur RD Block, West Tripura9

Role of Bank Mitras contd…• Organization of Financial literacy camps at Panchayat level

• Formation of Joint Liability Groups(JLG) for microfinance

-Total 2796 JLG formed in District: TGB-2595, UBI 89, TSCB-112

• KCC loan distribution and recovery.

Device used by Bank Mitra for financial transaction 10

Making Zero Balance Accounts Functional

Zero balance accounts as on date -18.11 %

Aim is to make zero balance account nil within two months i.e. by May 2016 in campaign mode

100 % Aadhar seeding of PMJDY accounts to get the money in accounts from MGNREGA, Social pension scheme etc.

Creation of awareness through Financial Literacy Camps

Bank Type Total Accounts Zero Balance Accounts

Public Sector Banks (UBI, SBI, UCO, BoI etc.)

212158 33381

Tripura Gramin Bank 72841 11170

Tripura State Co-operative Bank 7310 1160

Private 7465 1169

Total 299774 46880

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Aadhar seeding of PMJDY accounts

• Total Aadhar enrollment of West Tripura District- 96 %

• Aadhar seeding in prevention of pilferage and weeding of bogusaccounts.

• 2,23,237 (74.47%) PMJDY accounts have been seeded withAadhaar till date.

• MGNREGA – 164643 accounts have already been seeded withAadhar in West Tripura out of total 171023 accounts (96.27 %)

• Target to seed all remaining PMJDY accounts with Aadhar by May2016.

• Regular monitoring Aadhar seeding of all accounts in DCC &SLBC meetings.

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Efforts made in remote /tribal areas

During the Financial Year 2015-16-

– Total 455 FLC camps organized till 29

February 2016 in West Tripura

District, involving 13152 participants

Use of 24 Common Service Centers

(CSCs) with 20 SBI Micro branches in

District for all banking services in

remote areas

An FLC camp at Jirania Community Hall

by Lead Bank (UBI)

Ultra Small Branch (CSC at Purba Barjala

GP13

Approach Strategy & methodology adopted in West Tripura District

• Emphasis on Aadhar Seeding & linking of accounts to route all DBTs through one account

• Active support of PRI/ULB representatives at all levels

• Regular awareness generation and motivation of beneficiaries through FLCs

• Reliance on Bank Mitras in rural and remote areas.

• Emphasis on creation of Joint Liability Group for microcredit

• Support to Banks from District Administration

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Impact of PMJDY in West Tripura District

• PMJDY scheme helped in achieving 100% financial inclusion in remote /tribal/rural and leftout urban areas of West Tripura.

• More than 1 lakh PMJDY account holders have availed the facility of overdraft and used it for working capital purpose.

Bank Type PMSBY PMJJBY APY Total

Public Sector Banks (UBI,SBI, UCO, BoI etc.)

38685 13651 655 52991

Tripura Gramin Bank 52259 24801 465 77525

Tripura State Cooperative Bank

977 364 10 1351

Private banks 739 360 28 1127

Total 92660 39176 1158 132994

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Innovative Practices adopted by Banks

• Writing letter to the beneficiary for RuPay card activation and reduction of Zero Balance- by SBI

• Awareness Camps in colleges/technical institutes about PMJDY - by Lead Bank(UBI)

• Having one day of the week dedicated to PMJDY scheme in banks- Bharatiya Mahila Bank

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Success of West Tripura district in achieving Total Financial Inclusion

• West Tripura District has already achieved Total Financial Inclusion.

• As on date there are 1209154 bank accounts under West Tripura District (including 299774 bank accounts under PMJDY) which is more than the total population of entire District (2011 census population- 9.88 lakh).

• The district received Prime Minister’s award for Excellence in Public Administration (2013-14)for Total Financial Inclusion through e-RoR piloted in Mandwi RD Block

• District Administration has started an innovative drive of bringing all the 6000 Interstate Migrant Workers working in 95 Brick Kilns in West Tripura district, by special PMJDY account opening camps.

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Special PMJDY account opening camps at different Brick Kilns

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Visit by Team from Govt. of India

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At SBI Ultra Small Branch, Ramchandra Nagar,

Mandwi RD Block, 10 March 2016

Interaction with Panchayat members and Beneficiaries at

Madhya Debendranagar GP, Jirania RD Block, 10 March

2016

Interacting with beneficiary and Bank Manager at Central

Bank, Barkhatal, Hezamara RD Block on 11 Match 2016At UBI Branch, Airport Road, on 11 March 2016

Thanks

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