Saturday 21 May 2022
- Advertisement -

Kisan Kendras to be SBI’s biz correspondents

Join Sirf News on

and/or

New Delhi: The Minister of State (I/C) for Petroleum and Natural Gas Dharmendra Pradhan informed the Lok Sabha in a written reply today that Indian Oil Corporation Limited (IOCL) has set up 6,811 Kisan Seva Kendras (KSKs) in rural and remote areas in the as on 01-10-2016.

A Memorandum of Understanding (MoU) has been signed between IOCL and State Bank of India (SBI) on 13-07-2016 to set up SBI Customer Service Point at IOCL’s  Kisan Seva Kendras  by appointing KSK dealers as business correspondents of SBI.

SBI has launched a called Customer Service Point, which is operated by appointing business correspondents who, as intermediaries, provide banking services to the financially excluded at an affordable cost. These are services like the opening of small accounts, flexible recurring deposits, special term deposits, overdrafts, cash deposits/withdrawals/deposits in loan accounts, remittances, other services, Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Jeevan Suraksha Yojana, Atal Pension Yojana, direct benefit transfer, immediate payment service, insurance products etc.

The SBI will utilise its network to reach various banking services through business correspondent at IOCL KSK.

Join Sirf News on

and/or

Similar Articles

Comments

Contribute to our cause

Sirf News needs to recruit journalists in large numbers to increase the volume of its reports and articles to at least 100 a day, which will make us mainstream, which is necessary to challenge the anti-India discourse by established media houses. Besides there are monthly liabilities like the subscription fees of news agencies, the cost of a dedicated server, office maintenance, marketing expenses, etc. Donation is our only source of income. Please serve the cause of the nation by donating generously.

Or scan to donate

Swadharma QR Code
Advertisment
Sirf News Facebook Page QR Code
Facebook page of Sirf News: Scan to like and follow

Most Popular

[prisna-google-website-translator]
%d bloggers like this: