As part of the celebrations of Raksha Bandhan, banks have vowed to push the social security schemes launched by the Prime Minister, including Suraksha Bandhan Yojana, Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Mudra Yojana.
The progress of the implementation of various schemes was discussed at the review meeting convened by the district-level Bankers Consultative Committee, which was attended by L M Deshmukh, general manager of the Bank of Maharashtra, M R Prakash, committee convenor, and MP Anil Shirole.
Shirole said the basic aim was to reach out to as many people as possible and apprise them of the schemes. “Starting August 29, we will team up with banks to convince people to opt for the recently launched Suraksha Bandhan Yojana (SBY). We will also urge people to gift this to their maids, drivers and helpers on the occasion of Raksha Bandhan.”
For the Suraksha Bandhan Yojana, one has to invest Rs 201 and Rs 5,001 which will be kept as a fixed deposit in banks and the yearly interest generated will be used to pay the premium.