INNOVATION ::

 

 

Seven Points Welfare Scheme for Members

 

The bank has introduced 'Seven Points Welfare Scheme' to the disciplined clients. Under this scheme member has to contribute Rs. 40 at the time of loan disbursement on 'Client Welfare Fund' once only. To become eligible for this scheme, client has to maintain credit discipline properly. Member can get the following facilities under this scheme.

 

1. Medical Allowance:
   Member can get upto Rs. 5000 if she requires to admit in hospital for medical treatment for more than seven days.

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5. Free medical check-up and medicine facility:
   Bank organizes free medical check-up program to its members in different geographical area. In this context, client can get the facilities of free medical check-up and medicine according to the prescription of the doctor.

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7. Education Encouragement Allowance:
   Bank provides Rs. 2000 to the children of members who scores more than 80% marks in SLC examination.

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9. Delivery Expenses:
   Bank provides Rs. 600 each time to its clients at the time of delivery. This facility will be available for maximum two children.

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11. Disaster Expenses:
    Bank provides upto Rs. 7000 to the members, if the member of the family suffers from any natural disaster or calamities.

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13. Funeral Expenses:
    Member can get Rs. 2000 as a burial expenses at the time of husband's death.

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15. Loan Exemption:
    Members of the family of client will be free loan liability if she dies herself.