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Wednesday, December 19, 2012

Zero-Balance bank accounts for direct cash subsidy transfer to begin with West and East districts


GANGTOK, 11 Dec [IPR]: As per directives of Government of India, direct transfer of cash subsidy for various government schemes has been proposed.
In order to facilitate the same, as per the decision taken in the meeting held by Sikkim Lead Bank, all the banks in their respective areas of operation will take up the task of opening zero balance bank accounts for all the beneficiaries who do not have an account with any bank. This will be undertaken at all the GPUs, initially in the West and East district (since it is included in the Pilot scheme of the Central Government for direct cash transfer).
The documents required for opening of Zero-Balance Bank Accounts are:  Two pass port size photographs (preferably Head of the family); Photocopy of proof of identity (voter ID / Ration card / UID / Driving Licence etc.)
All the Block Development Officer may instruct the Ward Panchayats under their jurisdiction to kindly inform the respective beneficiaries.

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