Salient Features JAM TRINITY Accredited by MoPR and MoRD, Third Presentation Salient Features JAM TRINITY V G R Nair Senior Fellow Centre for Rural Management (CRM) National Agency Accredited by MoPR and MoRD, Govt. of India, New Delhi

JAM TRINITY Jan Dhan Yojana JAM Aadhar Mobile

JAM TRINITY JAM

Pradhan Mantri Jan – Dhan Yojana (PMJDY) National Mission on Financial Inclusion One Basic Bank Account for Every Household Launched on 28th August 2014 Zero - Balance Account in Scheduled Commercial Banks/Co-operative Banks 12.5 Crore families in 100 days

Administrative Structure Central Level Mission Head – Finance Minister Steering Committee – Secretary (FS) Mission Director – Joint Secretary (FI) State Level State Level Implementation Committee (SLIC) District Level District Level Implementation Committee (DLIC) Panchayat Level ?

Mission Statement Six Pillars:- Universal Access to Banking Facilities Banking Account with Overdraft Facility & Ru Pay Debit Card to all Households Financial Literacy Programme Credit Guarantee Fund Micro – Insurance Unorganized Sector Pension Schemes (Swavalambau)

Account Opening Any Branch of Scheduled Commercial Bank Business Correspondent Outlet (Bank Mitr) Basic Savings Bank Deposit Account (BSBDA) Any Individual Above 10 years Age Financial Inclusion Account Opening Cum Overdraft Application for Individuals

Documents Required Aadhar Card/ Aadhar Number If no Aadhar – OVDs: - Voter ID Card Driving License PAN Card Pass port MGNREGA Job Card

If no OVD : - Identity Card Letter of Gazetted Officer with Attested Photograph Small Account : - Self-attested Photograph and Signature/Thumb impression

Benefits Offered Interest on Deposits Accident Insurance Cover – Rs.1.00 lakh No Minimum Balance Life Insurance Cover – Rs. 30,000/- Easy Transfer of Money Direct Benefit Transfer Overdraft Facility - Rs. 5000/- Access to Pension, Insurance Products Ru Pay Debit Card

Role of Madhur Panchayat Panchayat Office can be made the Nodal Point (SSA) Panchayat Office can be an Out Let Bank Mitr/BC Panchayat may assist in the Implementation of JAN Organizing Camps Identification of Households Support for Opening Accounts

Situation in Madhur Panchayat Households are Left out/ Not Covered ? Ward Wise Status ? Make Full Coverage in Madhur Panchayat - How? Work Out Strategy with Time Limit ? Make Official Declaration of Universal Coverage in Madhur Panchayat ?

AADHAR Unique Identification Card (UID Card) 12 Digit Unique Number By Unique Identification Authority of India (UIDAI) To All Indian Residents Centralized Data Base Linked to Demographic and Bio-Metric Information

How to Enrol ? Free of Cost Akshaya Kendra (Rural Areas) Keltron (Urban Areas) IT @ School (Schools) Enrollment Form Date of Enrollment Biometric Scanning Contd..

How to Enrol ? Finger Prints Iris Photographing Enrollment Number/Receipt Aadhar Number (Aadhar Letter/E-Aadhar)

Documents Required Enrollment Form Photo Identity Card Proof of Address

Benefits Easily Verifiable &Accessible Eliminate Duplicate and Fake Identities No Classification Life-Long Validity Universal Identity Infrastructure Access to Services Aadhar Enabled Payment System (AEPS) Aadhar Payment Bridge System (APBS)

Mobile Banking Mobile and Aadhar Linked Bank Accounts Unstructured Supplementary Service Data (USSD) Launched on 28th August 2014 Basic Banking Facilities on GSM based Mobile Phone Transactions possible on Basic Mobile Phone Handsets 140 Banks 11 Telecom Service Providers

How to Operate Mobile Phone Number Registration Mobile Personal Identification Number (MPIN) Dial *99# USSD Menu Selection Transaction Charges (Not more than Rs. 1.50)

Benefits Single Point for Receipt of All DBTS Reduction of Leakages Financial Literacy Sessions Overdraft Facility Ru Pay Debit Cards Security Notification of APBS And other Transactions Financial Transaction Independent of Place and Time

JAM Trinity Direct Benefit Transfer (DBT) Subsidies Pensions Scholarships

How to Link Mobile Number in Account Opening Form entered in CBS System Seeding through ATM/SMS/Request for Existing Accounts Linkage with Aadhar Number National Unified USSD Platform(NUUP) Ru Pay Debit Cards Aadhar Enabled Payment System (AEPS) Aadhar Payment Bridge System (APBS)

Advantages Formal Financial System Leakage- Proof Money Transfer Well – Targeted Welfare Scheme Cash less Society Efficient Transactions Time- Saving Mechanisms Secure Financial Services

Situation in Madhur Panchayat ? How many Households are Left out/ Not Covered? Ward Wise Status? How to Make Universal Coverage in Madhur Panchayat? Work Out a Strategy with Time Limit? Make an Official Declaration of Universal Coverage in Madhur Panchayat?

Jam Trinity Madhur Action Points Objectives. Ensure all Persons in Madhur get AADHAR Bring all Households in Madhur under Jan Dhan Yojana. Provide Mobile Phones to all Households without Mobile Provide ‘JAM’ Trinity Linkage all Households in Madhur.

Situation Analysis One Day Survey- Ward wise Simple Format Survey Team –Training Consolidation. Preparation of Action Plan

Model Format Ward No. House No. and Name Name of the Head of the Family. No of members in the Family. Status of JAM in the Family. Contd….

Whether available (YES/NO) If yes, Name of Bank and a/c Number Model Format Sl.No. Name Aadhar Jan Dhan Mobile Phone. Whether available (YES/NO) If yes, Number Have Bank a/c (YES/NO) If yes, Name of Bank and a/c Number Have mobile (YES/NO) If YES, Number

Follow Up Action Panchayat Committee –Resolution. Special Gram Sabhas. Counters for JAM at Gram Sabha Venue. Documentation. Linkage. Review.

Thank You