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Mobile Kiosk Banking

MOBILE KIOSK BANKING AT WEEKLY HAAT

Mahashakti Foundation started Mobile Kiosk Banking at Weekly Haat in the tribal areas of Rayagada, Balangir& Kalahandi districts with the esteem support of SIDBI PSIG under the Financial Inclusion Project. The main objective was to provide banking services to the tribals in the haat where there is no banking outlets. Through this project, the people of this village were enrolled in social security schemes like PMJDY, PMJJBY, PMSBY, APY, SSY, PPF, etc. There was a plan of 50,000 households to be linked to bank through BC, 100% households to be trained on financial literacy by the project staffs, So that it will reduce distress sale by facilitating the business transaction especially for forest produce and people will be comfortable in using banking products and services in their day-to-day lives.

PROGRESS REPORT:

SI No. Particulars Total
1 No. of States 1
2 No. of Districts 3
3 No. of Blocks covered 25
4 No. of weekly Haats catered 223
5 No. of households covered under PPI survey 7000
6 No. of new Bank Accounts opened 2335
7 SHG Accounts opened 67
8 No. of Aadhar linked with Bank Accounts 3522
9 No. of Dormant Bank Accounts revived 1992
10 No. of PMSBY coverage 2471
11 No. of PMJJBY coverage 823
12 No. of APY coverage 66
13 No. of total Transactions 113277
14 PPF Account opened 66
15 No. of Financial Literacy training organised 422
16 No. of participants participated in FL program 18901
17 Final Unique Financial transactions 26239
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