All families in 3 districts of MP linked to banking service

Image
Press Trust of India Bhopal
Last Updated : Nov 19 2014 | 4:26 PM IST
After the launch of ambitious Prime Minister Jandhan Yojna, three districts in Madhya Pradesh - Ujjain, Khandwa and Indore - have achieved a unique distinction of cent per cent financial inclusion with all families having opened bank accounts.
From launch of the scheme on August 28, banks along with the state government officials in the three districts have opened new bank accounts of 4,38,265 families.
While 1,20,802 families were covered in Ujjain, 38,279 families were linked to banking operations in Khandwa.
According to an official release, in Indore, bank officials have opened accounts of 2,79,184 families so far after the launch of the scheme.
In Khandwa, 2,28,376 families already had bank accounts, while in Ujjain the number stood at 2,74,299. In Indore, a total 3,70,356 families already have bank accounts.
Now, not a single family in the three districts are left which are not linked to banking facility, it said.
Madhya Pradesh Chief Minister Shivraj Singh Chouhan congratulated officials of Ujjain, Khandwa and Indore for this remarkable achievement.
Under the Jandhan Yojna, families which do not have a bank account will be linked to banking facility by January 26, 2015.
The account holders were also issued Rupay card after opening their bank accounts.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 19 2014 | 4:26 PM IST

Next Story