Banks have pivotal roles for a fast developing country like ours. Emerging with e-commerce, the services became faster but up to some extent costlier also, depositors and loaners are levied with new bank charges those are a matter of great concern while schemes like JAN DHAN YOJNA is covering a large area of poor banking public. ARE THEY PROTECTED WITH THESE LOADING ON THEIR SMALL SAVED MONEY? more
Viewed by 25
In number of posts I many times reiterated that there shall be the postal orders and Bankers' Cheques [ local Drafts ] served with free of change valued at Rs.500/- and above in multiples while curbing the Currency above Rs.100/- limiting the Cash Transaction to Rs. 10,000/- . This is besides the Governments' option of Transactions through Cards . If above is implemented and enforced by the Government in its Reforms , the Rural Indians and those poor will be best benefited please . more
Apr 07
Dear Sir ..THANX A LOT............................my submission in a nutshell is so ....if a JAN DHAN A/C Holder is enveloped in Govt's Banking Awareness Program ....they should not be levied with Bank Charges and Cost/ Penalties to maintain Minimum Balance,,,While using "" CASH DEPOSIT MACHINES"" they should be exempted to pay any cost on their every transaction. A decade ago PVT PLAYERS attracted customers to open a ZERO BALANCE A/C and started all hidden charges and penalties to get profit. This motive should not involve in this case. Because the JAN DHAN HOLDERS ARE NOT MUCH AWARE OF THE SCHEME >>> more
Apr 07
Thanks..@ Csn Sarma jee ... The main concern is to made this segment free from usual cost and bank charges to a limit would be justifiable... FM & Banks should not workout on feasibility of handling such accounts by way of cost.. the poor should get free services to a maximum.. more
Apr 06
The purpose behind JAN DHAN YOJANA is to direct and facilitate Rural and all other such to get them connected with the Government provisions through their Bank Accounts though in the initial stage takes 2 or 3 months to get accustomed with , and their safety purely depend only on the usage through Cheques and Bankers Cheques [local Drafts] . The stepping into Banks will definitely inspire them to try for jumping into livelyhood changes of self employment too . THE MAIN ISSUES IS THAT THE CENTRAL GOVT . SHALL ONLY EXTEND NATIONALIZED BANKS TO BANK EASILY and till then , the public is to be guided to use only Post office Accounts and Postal Orders at ease . more
Apr 06
