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Financial Inclusion Fund: Review of Scheme- Extension of Support Period
Ref. No. NB. DFIBT / -- 25147-25542                /DFIBT- 23 /2017-18                    26 March 2018
 
Circular No.  56        / DFIBT-  08      / 2018
 
The Managing Director / Chief Executive Officer
State Co-operative Banks and
District Central Co-operative Banks
 
Dear Sir
 
Financial Inclusion Fund: Review of Scheme- Extension of Support Period
 
On review of the existing support for technology adoption under Financial Inclusion Fund (FIF), it has been decided to extend the timeline of the following schemes as detailed below:
 
SN Scheme/ Item for Support Revised Last date for Reference Circular No. and Date
 
Sanction Claim
 
1 PACS data  Migration  Fresh sanction closed 30 June 2018 263/DFIBT-47/2017 dated 20 November 2017
2 ATM Add-on support  for CBS 30 June 2018 30 June 2021 263/DFIBT-47/2017 dated 20 November 2017
3 Central KYC Records Registry 30 June 2018 30 September 2018 263/DFIBT-47/2017 dated 20 November 2017
4 AUA/ KUA Membership 30 June 2018 30 September 2018 03/DFIBT-01/2018 dated 03 January 2018
Other terms and conditions of the scheme remain unchanged. Banks are advised to adhere to the indicated timelines.
 
Yours faithfully
(R Srinivasan)
Chief General Manage