Odisha AMA Bank Scheme 2024 | Apply Online Registration

Odisha AMA Bank Scheme Registration : Banking Services at doorstep , How to Apply, Odisha Government has started AMA Bank Scheme to provide banking services to the citizens of the state. Through this scheme, the citizens of the state will easily get the benefit of banking services. This will save their time and bring transparency in the system. So let’s know how to get the benefit of this Odisha AMA Bank Scheme and how to complete online registration & fill application form. To get all this information, you have to read details of Odisha AMA Bank Scheme.

Odisha AMA Bank Scheme

Odisha CM Naveen Patnaik has started Odisha AMA Bank Scheme for the citizens of rural areas of the state. Through this scheme, banking services will be provided through CSP Plus outlets in all unbanked Gram Panchayats (GP) of the state. Ama Bank’ scheme provides home banking services to senior citizens, persons with disabilities and pregnant women, ensuring hassle-free access to direct benefit transfers and also caters to the financial needs of the rural population.

Odisha AMA Bank Scheme

Let us tell you that Odisha is the first state in the country to start this type of banking outlet.

About AMA Bank Scheme

Name Of the SchemeAMA Bank Scheme
Started ByBy the Government of Odisha
BeneficiaryCitizens of the State
Assistance to be ProvidedBanking Services at doorstep
Official WebsiteComing Soon

Objective of the Odisha AMA Bank Scheme 2024

The benefits of banking services have to be provided to the citizens of rural areas of the state so that they can easily use banking services. Along with this, citizens of rural areas will be motivated to take advantage of the scheme.

Eligibility for the AMA Bank Scheme

  • The applicant must be a resident of Odisha state.
  • All categories of citizens whose age is 18 years or more will be able to avail all banking services.

Documents required for Odisha AMA Bank Yojana

  • Aadhar card
  • Permanent residence certificate
  • Income certificate
  • Bank account statement
  • Passport size photo
  • Mobile number

Services available under Odisha Ama Bank 

The details of the services that citizens of rural areas of the state will get under Odisha AMA Bank Scheme are as follows –

  • Cash Deposits
  • Loan Facility
  • Remittances
  • Coverage under Social Security Schemes
  • Credit Linkage to SHGs
  • Aadhaar Enable Payment System
  • Small Services like Passbook Printing, Check Balance etc.

Odisha AMA Bank Scheme – Bank List

The Government of Odisha has collaborated with 6 public sector banks to set up micro banks in the form of Ama Banks in Gram Panchayats. Whose list is as follows –

  • State Bank of India (SBI)
  • Punjab National Bank (PNB)
  • Bank of Baroda (BoB)
  • Bank of India (BoI)
  • UCO Bank
  • United Bank of India (UBI) 

Budget set for AMA Bank Scheme

The State Government has set a budget of Rs 500 crore for the AMA Bank Scheme. Banking services will be provided to the citizens of rural areas only by spending this amount.

Phased Process for Odisha AMA Bank Scheme

The State Government has decided that Ama Bank scheme will be started in all the unbanked gram panchayats of the state in this financial year 2023-24. Which will be implemented in a phased manner. In the first phase of Ama Bank scheme, about 750 CSP Plus banking outlets will be opened in 30 districts of Odisha. Out of which all the GPs in 4373 unbanked Gram Panchayats in the state will be covered in this financial year only. Only after this process the second and third phase will be started.

Ama Bank’s Facility and Impact

AMA Bank is located amidst a small bank branch, designed to provide essential banking facilities like deposits, advances, remittances, loans, Aadhaar enabled payment system, credit linkage to Self Help Groups (SHGs). Along with this, citizens get coverage under social security schemes. If we talk about the impact, then by establishing Ama Bank in rural areas, the citizens there will get better banking services and they will be digitally empowered.

Features of Odisha AMA Bank Yojana

  • Ama Bank Scheme provides banking services at the doorstep of rural areas.

  • Odisha has become the first state in the country to start this type of banking outlet.
  • Aama Bank scheme will directly benefit the citizens.
  • Through this scheme, citizens of rural areas will get the benefit of multiple banking services.
  • Through Ama Bank scheme, senior citizens, pregnant women and disabled persons will be made aware about money transactions.
  • Through this scheme, citizens will become digitally empowered.
  • This scheme will be run in the entire state.
  • Now citizens of rural areas will be able to easily avail banking services.
  • Government of Odisha will provide rent free banking space to all the merged banks to open CSP Plus banking outlets.
  • The State Government will also bear one-time expenditure towards fixed cost and recurring expenditure for 3 years.

Odisha Schemes

Challenges faced under Odisha AMA Bank Scheme

However, financial inclusion remains a challenge as the geographical reach of banks in the state has been disappointing. Nearly 65% ​​of our Gram Panchayats do not have a bank branch, creating serious challenges and difficulties in accessing banking services and direct benefit transfers for most of our people in rural Odisha. At the rate at which brick and mortar branches have been established in the state in the last 5 years, it will take us more than 30 years to provide a brick and mortar branch in every unbanked gram panchayat. Only when common banks are established in rural areas, citizens will be able to avail banking services. But it is important for him to face these challenges.

Read Also Ama Odisha Nabin Odisha Scheme

Odisha AMA Bank Scheme Registration

To avail the benefits of Odisha AMA Bank Scheme, the applicant will have to visit CSP Plus banking outlets. Here you will have to fill the form to open an account. After filling the form, you have to submit it. After this, if you are facing any kind of problem related to Cash Deposits / Loan Facility or banking, then you will be able to get solution for this also.

AMA Bank Yojana Helpline Number

Citizens who want to get help for AMA Bank Scheme, will have to contact the helpline number. Eligible citizens who are still facing any problem regarding the scheme can contact CSP Plus banking outlets.

Odisha AMA Bank Scheme 2024 Quick Links

Official WebsiteClick Here
RegistrationClick Here

 

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Last Updated on December 8, 2023 by Abinash