Odisha Chief Minister Naveen Patnaik has introduced the Odisha AMA Bank Scheme in partnership with six Public Sector Banks, namely SBI, PNB, UBI, UCO Bank, Bank of India, and Bank of Baroda. The AMA Bank Odisha Scheme aims to bring CSP Plus Banking Services and other banking facilities to the unbanked Gram Panchayats (GPs).
The official website for the Odisha AMA Bank Scheme will be available soon. The primary beneficiaries targeted under this scheme are citizens from rural areas of Odisha who are 18 years and above. You can find details about AMA Bank Financial Inclusion, eligibility, required documents, age limit, and other essential information here.
The Odisha government aims to achieve financial inclusion through the AMA Bank Odisha by providing various banking services at the doorstep and introducing Customer Service Points.
Odisha AMA Bank Scheme Details
|Odisha AMA Bank Scheme Official Website
|Name of Scheme
|Odisha AMA Bank Scheme
|Government of Odisha
|Odisha CM Naveen Patnaik
|Mode of Scheme
|Online and Offline
|Rural Citizens of Odisha
|Provide Banking Services in Odisha Rural Areas
The Odisha AMA Bank Scheme has rolled out Banking Services for Unbanked Gram Panchayats (GPs) along with Customer Service Point (CSP) Plus. According to reports, 750 CSP Plus Locations have been set up in 30 districts of Odisha to offer banking services.
The key focus of AMA Bank is on Financial Inclusion and implementing a unique strategy to encourage citizens to use banking services, ensuring access to rural people.
All scheme-related amounts are transferred directly through Direct Benefit Transfers. The normalization of banking services for every rural person is made possible through Customer Service Points. The Odisha AMA Bank Scheme specifically aims at providing CSP Plus Bank Services.
AMA Bank Odisha Apply Online
Banks such as SBI, PNB, UBI, UCO Bank, Bank of India, and Bank of Baroda, which serve Odisha, are joining hands under the AMA Bank Odisha. The Odisha government has requested these bank authorities to establish branches and Customer Service Points to assist rural citizens in the state.
These six Public Sector Banks offer a range of banking services, including account opening, cash deposit and withdrawal, fund transfer, loan repayment, and enrollment in PMJJBY/PMSBY/APY. They achieve this by establishing bank branches and CSP Plus Points in the village areas of each district.
Services List of CSP Plus AMA Bank Odisha
Here are the key services offered by the collaborative efforts of banks like SBI, PNB, UBI, UCO Bank, Bank of India, and Bank of Baroda under the AMA Bank Odisha:
- Account Opening:
- Easy initiation of new accounts for the convenience of customers.
- Cash Deposit and Withdrawal, Fund Transfer:
- Hassle-free transactions, including depositing and withdrawing cash, as well as transferring funds.
- Loan Repayment:
- Facilitating the repayment of loans, making the process accessible to borrowers.
- Enrolling PMJJBY/PMSBY/APY:
- Assisting individuals in enrolling for various insurance schemes like PMJJBY, PMSBY, and APY.
- Lead Generation of Personal Accidental Insurance and other products:
- Providing information and opportunities for personal accidental insurance and other related products.
- Account Opening through Video KYC:
- Utilizing Video KYC for the convenient and secure opening of accounts, ensuring a seamless process.
Key Benefits of the Odisha AMA Bank Scheme
This scheme is designed to benefit all the citizens living in rural areas of Odisha. The AMA Bank Scheme provides Customer Service Points, known as CSP Plus Services, and brings banking services right to the doorsteps of people. These services include Direct Benefit Transfers for various Odisha Government and Central Schemes.
AMA Bank Scheme Odisha Financial Inclusion
According to reports, the Odisha AMA Bank Financial Inclusion discloses a provision of Rs. 500 Crores for the scheme. The initiative aims to provide banking services to 4373 unbanked Gram Panchayats (GPs) in the state of Odisha. Additionally, the Odisha Government has extended the offer of rent-free banking services and spaces for a duration of 5 years. For more Odisha AMA Bank scheme details, you can find additional information here.