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BHIM –Referral Bonus Scheme for Individuals and BHIM-Cashback Scheme for Merchants-Support From Financial Inclusion Fund (FIF)
No. NB.DFIBT.HO/05-87 /DFIBT-23/2018-19 4 April 2018
 
 
Circular No. 63  /DFIBT-  09       /2018
The Chairman/Managing Director/Chief Executive Officer
All Scheduled Commercial Banks
All Regional Rural Banks
 
 
Dear Sir,
 
BHIM – Referral Bonus Scheme for Individuals and BHIM – Cashback Scheme for Merchants – Support From Financial Inclusion Fund (FIF)_____________
 
Please refer to our Circulars No. 98/DFIBT-20/2017 dated 26 April 2017, No. 186/DFIBT-36/2017 dated 25 July 2017 and No. 221/DFIBT-39/2017 dated 12 September 2017 in respect of the captioned schemes. 
We advise that the Ministry of Electronics and Information Technology (MeitY), Government of India has revised the above schemes and extended the scheme period from 1 April 2018 to 31 March 2019.
 
The relevant notifications No. 12/13/2017-DPD-MeitY dated 27th March 2018 (for Cashback Scheme for Merchants) and 28th March 2018 (for Referral Bonus Scheme for Individuals) issued by MeitY are enclosed.
 
The banks may implement the schemes as per the guidelines given in the notifications. 
 
 
Yours faithfully,
   Sd/-¬
( R. Srinivasan )
Chief General Manager
Encl. : As above