Escolar Documentos
Profissional Documentos
Cultura Documentos
Project
Financial Inclusion@PNB
As per Rangarajan Committee Report Financial Inclusion is the process of ensuring access to appropriate financial products and services needed by vulnerable groups such as weaker sections and low income groups, at an affordable cost, in a fair and transparent manner by mainstream institutional players.
OUR BELIEF
Financial Inclusion
Branch based Model (Brick and Mortar) Branchless Model (ICT Model)
No. of Service Outlets Avg. no. of Txn. In Lacs (Post CBS) per day Customer Base (In Lacs)
Project adjudged as the best IT implementation for year 2010 by PC QUEST Magazine.
Project was awarded SKOTCH AWARD for the year 2010.
6
FI Products Offered by PNB Products offered Savings with inbuilt OD facility upto Rs.2500/ OD facility of Rs. 500/- is offered upfront
Banking transactions Financial Inclusion Cash withdrawal Cash deposit Mini statement Balance inquiry
in
FI Vendor
ENROLLMENT PROCESS
Back Office n Back Office 3
Data conversion
Validation of Data
External Firewall
FINCBS Server at DC
External Firewall
FI Intermediary server
Back Office 1
Back Office 2
Transaction Process
Transaction at the village carried out by BCA with Hand Held Terminal (HHT) Machine is used to capture Transactions HHT application supports all products Secured transaction With BCA card & Customer card Transactions are Recorded in customer & BCA card Banks security key embedded in SAMsmart chip component of HHT 10
11
Contd.
An instant receipt generated from the HHT is given to the customer Data transmission is done in encrypted form. Interoperability is achieved through use of centralized KMS facilitating the FI customers to avail banking facilities anywhere within the district/state. Necessary Information security system and policies including Firewall system has been put in place for FI project. FI disaster recovery site has been put in place to meet the challenge of any failure at Data centre.
12
13
Particulars No Frill accounts opened (lacs) Amount in Rs.(lacs) Out of above -ICT based accounts ( lacs) -Under Brick & Mortar model (Branch based) (lacs) Credit Based FI Accounts Amount (in lacs)
As on March2011
73.33 100342
40.89 32.44
18328 5380.92
08
991 10 21 2965 1633 9
15
Number
28
States
Bihar, Rajasthan, HP, Uttarakhand, UP, Punjab, Jharkhand, MP, Orissa, West Bengal Punjab, Delhi, J&K, Chandigarh, Bihar AP, Haryana, UP, Chattisgarh 14 STATES (Indo Gangetic Plain) + Andhra Pradesh Rajasthan UP, Chhatisgarh, North East, Bihar , Karnataka 17 States (14 in Indo Gangetic Plain + AP, Karnataka and North East)
16
Projects in Urban Area NREGA/Social Security Total ( ICT projects) Project BHAMASHAH Credit Driven Projects ( Non ICT ) GRAND TOTAL
06 05 39 01 06 46
No. of NO Frill a/cs opened in 2010-11 in villages with population over 2000.
10.09 lac
17
Making Rickshaw Pullers Rickshaw Owners Launched in Varanasi on Feb 2, 2008 in association with Centre for Rural Development Extended to Agra, Allahabad, Kanpur, Meerut, Lucknow, Patna Targets to cover 10000 rickshaw pullers 9503 Rickshaws are financed under Rickshaw Projects with outstanding credit of Rs. 9.88 Crore (as on June 2011)
18
19
Capacity Building
Officials of the bank have been trained under the Train the Trainer programme of (Indian Institute of Banking & Finance) IIBF
A. Training to BC agents
On-locations training programmes are organized for BC agents Bank provides training on its products & processes. Technology related training is provided by concerned TSP
C. 9 Farmer Training Centres (FTCs) have been established under PNB Farmers Welfare Trust to provide customized training to local farmers.
D. PNB has established 30 Rural Self Employment Training Institute (RSETI) for organizing employment generation oriented training 21 programmes.
online
Web based kiosk/ mobile based model to be made available at villages Introduction of combo card (smart chip with magnetic stripe) to enable payments through ATMs. Integration with UIDAI project.
22
The PNB offline FI model can be replicated to offer doorstep banking services in remote rural areas where last mile connectivity is still a challenge. Credit delivery through smart card model can be implemented to reach a larger section of the society. FI model will help in minimizing the transaction cost.
This model can be integrated with RSBY, PDS, payment of social security benefits and wages to the MGNREGA.
23
E-Governance GOLD Award 2010 under award category Innovative use of ICT by PSUs for Customers Benefits by Government of India.
Special Technology Award for Financial Inclusion from IDRBT for the years 2008-09 & 2009-10 respectively.
24
25