A Bank Mitra acts like an agent in facilitating bank and banking related services, especially in unbanked areas of the country. They help in areas where there is no ATMs and branches of banks.
A Bank Mitra provides numerous services to the unbanked people of India. They first take a look at potential customers and help them in opening accounts by verifying identity and collecting all relevant documents.
They can also issue an acknowledgement of small value collections for the purposes of deposits and other payment instructions. They can also help produce mini statements of their customers.
Apart from the above they may provide a range of services as decided by the bank from time to time. A Bank Mitra is an important individual in the bank and can help bridge the void, between the banked and the unbanked people in India.
Who Can Be a Bank Mitr?
Banks can engage a host of individuals to help reach the unbanked in India. These people include retired employees, retired teachers, government employees, ex-service men from the defense forces, agents of small savings schemes etc. All of these individuals can help open an account under the Pradhan Mantri Jan Dhan Yojana Account.
What is the Pradhan Mantri Jan Dhan Yojana (PMJDY)?
The PMJDY is a National Mission for Financial Inclusion to ensure that every individual in the country has access the financial services. These would include access to Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.
The scheme was launched earlier this year by Indian Prime Minister Narendra Modi. A lot of accounts have been opened thus far under the scheme.