Atal Pension Yojana (APY) Scheme

Financial Inclusion in India

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Few takers for Jan Dhan overdraft Facility

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So far, the overdraft facility has been sanctioned in only 40,000 accounts, and only 8,000 have availed of it Only 8,000 account holders have availed of the overdraft (OD) facility under the Jan Dhan Yojana, according to government sources. A total of 108 people have availed of the accidental insurance cover, while another 152 have […]

SBI promotes social security schemes

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State Bank of India organised four awareness camps in the city on Wednesday to promote the ‘Pradhan Mantri Suraksha Bima Yojana’ and the ‘Pradhan Mantri Jeevan Jyothi Bima Yojana’, launched by the Government of India as part of social security scheme. Awareness camps The awareness camps were conducted at the Kailasapuram branch, Isukathota ADB branch, […]

RBI notice on Atal Pension Yojana

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The Reserve Bank of India has asked Urban cooperative banks to appoint nodal officers for implementation of the government’s flagship scheme, Atal Pension Yojana (APY), which provides for a minimum pension of Rs 1,000-5,000, depending upon contribution. The APY, launched by prime minister Narendra Modi earlier this month, is focused on all citizens in the […]

Private firms may step in to cover government’s insurance plan

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The private sector, which didn’t quite warm up to the call to open Jan-Dhan Yojana bank accounts to increase access to financial services, is cozying up to the government’s efforts to provide universal insurance. With premiums close to market rates, companies including ICICI Lombard General Insurance, SBI Life Insurance and Star Union Dai-ichi Life Insurance […]

After Jan-Dhan, Prachar rolls out Jan-Suraksha campaigns

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After successfully executing the multi-media campaign of Jan-Dhan Yojana, Mumbai-based Prachar Communications has bagged yet another project to roll out three revolutionary schemes that would change the face of India forever. After successfully executing the multi-media campaign of Jan-Dhan Yojana, Mumbai-based Prachar Communications has bagged yet another project to roll out three revolutionary schemes that […]

Thirty lakh people enrolled under PMSBY, PMJJBY schemes in Gujarat

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Over 30 lakh people have been enrolled under Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in Gujarat. According to reports, Dena Bank, which is the lead Bank for State Level Bankers Committee (SLBC) in Gujarat, has stated that people are showing great enthusiasm for enrolling themselves in PMSBY […]

अधिकारी कर्मचारी बनेंगे प्रधानमंत्री सुरक्षा जीवन बीमा योजना के सदस्य

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अधिकारी कर्मचारी बनेंगे प्रधानमंत्री सुरक्षा जीवन बीमा योजना के सदस्य आदिम जाति कल्याण विभाग के समस्त अधिकारी कर्मचारी प्रधानमंत्री सुरक्षा बीमा और प्रधानमंत्री जीवन ज्योति बीमा योजना के सदस्य बनेंगे। इस संबंध में आदिवासी विकास के आयुक्त उमाकांत उमराव ने सभी अधिकारियों और कर्मचारियों को पत्र लिखा है। साथ ही निर्देश दिए है कि वे […]

Claim ₹2 lakh for just ₹12: Jan Dhan’s Jan Suraksha scheme

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The government’s new insurance schemes offer good cover for a nominal premium The Prime Minister recently unveiled two insurance schemes — term life cover and accident cover — for savings bank account holders as part of the Jan Dhan’s Jan Suraksha scheme. The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) provides term life cover to […]

Maharashtra tops in non-life premium, Delhi No 1 in insurance density

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New Delhi, with a relative smaller population of 1.68 crore and 315 offices, had mobilised premium of around Rs 5,000 crore and has got the highest insurance penetration of 1.34% and density of Rs 3,228 in 2013-14, it said. Tamil Nadu, the second-largest general insurance market with around 1,200 offices has the largest number of […]