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Promotional Scheme for support under Financial Inclusion Fund (FIF) for Deployment of 20 lakh BHIM Aadhar Pay Devices – Extension of Scheme period
No. NB.DFIBT.HO/ 13426 – 13452  /DFIBT-23/2018-19 08 March 2019
Circular No.  55 /DFIBT- 02  /2019
The Chairman/Managing Director and Chief Executive Officer
All Scheduled Commercial Banks
 
Dear Sir,
 
Promotional Scheme for support under Financial Inclusion Fund (FIF) for Deployment of 20 lakh BHIM Aadhaar Pay Devices_- Extension of Scheme period
 
Please refer to our circular Nos. NB.DFIBT.HO/21149-21627/DFIBT-23/2017-18 (Circular No. 292/DFIBT-56/ 2017) dated 28 December 2017 and NB.DFIBT.HO/8585-9099/2018-19 (Circular No. 189/DFIBT-30/2018) dated 19 July 2018 on the above subject.
 
In order to achieve the target set by DFS for deployment of the devices and based on the assurance given by banks in the VC meeting held on 13 February 2019, it has been decided to extend the scheme period for deployment of devices and submission of claims till 30 September 2019.  Banks are requested to ensure submission of proposals for sanction and claims  in time and avail of support before 30 September 2019. The extent of support will be Rs.750/- per device.
Banks may submit the proposal as per Annexure-I along with Appendix-I. The claim may be submitted in the format as given in Annexure-II.
 
All other terms and conditions of the scheme remain the same.
 
Yours faithfully
Sd/-
( L. R. Ramachandran )
Chief General Manager
Encl. : As above