Banking and Financial Inclusion

What is Financial Inclusion?

• Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society.
• The availability of banking and payment services to the entire population without discrimination is the prime objective of financial inclusion public policy.

Objective

• To reform and Institutionalise direct benefit delivery mechanism of government programmes.
• To transfer all cash benefits directly to the bank account of the beneficiaries of the state.
• To provide all non-cash benefits directly into the hands of the beneficiaries of the state using aadhaar enabled biometric authentication.
• To make banking service available near the doorsteps of the residents of the state through banks /business correspondents

Operational startup

• First to open OD account (overdraft account) in map link branch of Bank of Baroda.
• Generate your KO code .
• Arrange single finger print device .
• Register your KO code with concern technical support .
• Start Work.

Investment & Earning