No. NB.DFIBT.HO/ 2713 – 2721 /DFIBT-23/2020-21
08 September 2020
Circular No. 239 /DFIBT- 08/2020
The Chairman/Managing Director/Chief Executive Officer
All Small Finance Banks and Payment Banks
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 No.10/DFIBT-02/2019 dated 08 January 2020 on the captioned subject.
The scheme was reviewed in the XXVI meeting of the Advisory Board on FIF and it has been decided to extend the time period of the scheme up to 31 March 2021. Banks are advised to submit proposals as well as claim applications at the earliest, but not later than 31 March 2021. The claims will be settled on first cum first serve basis.
Banks may submit the proposal as per Annexure-I along with Appendix-I. The claim may be submitted in the format given as Annexure-II.
Banks are advised to explore the possibility for deployment of these devices in the areas as indicated in Annexure – III
All other terms and conditions of the scheme remain same.
(D. Nageswara Rao)
Chief General Manager