PNB is one of the fastest growing banks in India right now and many have applied for PNB CSP or we can also say PNB Bank Mitra. Just like other banks, PNB has also started some nice campaigns to attract more customers, so let us discuss more about PNB Bank Mitra and how Bank Mitra works. We will also guide on bank bc apply process and other requirements.
PNB CSP or PNB Bank Mitra is a Banking initiative launched by Punjab National Bank under the Pradhan Mantri Jan Dhan Yojna. Under this process, People from all the country will have access to banking system. Under this project people will be able to open basic zero balance saving account and avail various banking needs like loans, credit cards, government subsidies and other banking needs.
This is not only advantageous for people to have access banking facilities but as the name says bank mitra, individual, or retailer owner can be a part of this project. You need to tenth qualified, with age above 18 and good computer skills. If you fulfill all these qualifications, you will be subjected to a screening and training process before you are appointed as a Bank Mitra from a certain location as per your application. These are only three points you need to be clear about before bank bc apply.
Anyone can consider opening a record under this plan with any bank office or Business Correspondent (Bank Mitra) outlet. Further, accounts opened under PMJDY can be opened with Zero parity. Be that as it may, if the record holder wishes to get a check book, he/she should satisfy least parity criteria. The record holders under this plan will be given a RuPay platinum card which can be utilized over all ATMs for money withdrawal.
What type of Account is operated under PNB Bank Mitra?
A basic account can be opened by a man based on a self-bore witness to photo and putting his/her marks or thumb print within the sight of authorities of the bank. For such accounts, the total credits have been restricted to not more than Rs 1 lakh a year and total withdrawals have been constrained to not more than Rs 10,000 out of multi month, and equalization in the account anytime of time ought not to cross Rs 50,000. The legitimacy of these accounts is 1 year, typically after which such accounts would be permitted to proceed for a further time of twelve more months if the account-holder gives a report demonstrating that he/she has connected for any of the Officially Valid Document inside a year of opening the little account.
Why should one opt for Bank Mitra?
The account holders under this plan will get an inadvertent protection front of Rs 1 lakh and a real existence front of Rs 30,000 – installment on the demise of the recipient (subject to conditions).
The account holders under this plan can benefit an overdraft office upto Rs 5,000. This is accessible against one account for each family unit. The quantum of the credit may look little however unquestionably a shelter to those underneath the destitution line and would empower them to reinvest this in more gainful roads.
Versatile Banking Facility
Empowering bringing out transactions through a cell phone encourages such account holders in checking of parity and furthermore exchanging assets effortlessly crosswise over India.
Alternate advantages being
- The account holders would be qualified for enthusiasm on their stores
- They are not commanded to have a base parity in the account
- The plan permits Direct Benefit Transfer for recipients of Government Schemes.
- Account-holders can get simple access to benefits and other protection items with the PMJDY project.
Various Banking Facilities under Bank Mitra
All the Bank Mitras are operated by the retailers in the ordinary shops near to the rural areas so transportation cost is almost zero. Also there will be no account maintenance charges for any account. If you are interested about loans with very low interest rate you can apply right away against a recurring deposit or a term deposit. The maximum balance for such accounts will be Rs.50,000 for now and it can be uplifted to Rs.100000.