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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/ 8595- 9099 /DFIBT-23/2018-19                              19 July 2018
Circular No. 189/DFIBT- 30 /2018
 
The Chairman & Managing Director/Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
All Regional Rural Banks
All State Co-operative Banks
All District Central Co-operative 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 No. NB.DFIBT.HO/21149-21627/DFIBT-23/2018-19 (Circular No. 292/DFIBT-56/ 2017) dated 28 December 2017 on the above subject.
 
It has been decided to extend the period of implementation of the scheme so as to cover the deployment of BHIM Aadhaar Pay Devices till 31 March 2019. The extent of support under CAPEX and OPEX models will be Rs.750/- per device for the deployment made during April 2018 to March 2019.
 
Accordingly, the last dates for submission of claims have been extended as under:

 

Sr.No.

Name Scheme

Last Date for submission of claims under CAPEX Model

Last Date for submission of claims under OPEX Model*

1

Promotional Scheme for support under FIF for deployment of 20 lakh BHIM Aadhaar Pay Devices

31 March 2019

31 March 2020 (first claim should be submitted before 31.3.2019)

* Maximum 4 claims may be submitted.


 
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.
 
All other terms and conditions of the scheme remain same.
 
Yours faithfully
 
 
( L. R. Ramachandran )
Chief General Manager
Encl. : As above