Financial Inclusion Updates



  • In our 3 Lead District, All DBT beneficiaries account opened, seeded and mapped with NPCI mapper. In the 1st phase of DBTL, our lead district Pathanamthitta achieved 85.31% Aadhar seeding. In phase 2, our lead districts Alapuzha and Kottayam have achieved 63.12% and 63.97% Aadhar seeding.
  • We have opened Kiosk Banking outlets in 365 Sub Service Areas allotted to our bank by SLBC Kerala and appointed Akshaya Centres as our BCs.
  • We are on board NPCI & CPSMS for DBT processing.
  • CRISIL has conducted a study called CRISIL Inclusix, an index to measure progress on Financial Inclusion of all the districts in India. Our 3 lead districts are placed in the top 15 district in the country.

    • Pathanamthitta - I Place
    • Kottayam - V Place
    • Alappuzha - XV Place


Pradhan Mantri Jan Dhan Yojana (PMJDY)

Pradhan Mantri Jan Dhan Yojana (PMJDY) a Flagship Programme on Financial Inclusion was launched by Hon'ble Prime Minister on 28th August 2014.

  1. There should be a Banking Outlet through Brick & Mortar Branch or Banking Correspondent in every Sub Service Area (SSA) 1000 - 1500 Households within a radius of 5 KM.
  2. Each family to have at least one Bank Account preferably in the name of the female member.
  3. SLBC, Kerala has allotted 859 SSAs and 233 Urban Wards to our Bank.  433 SSAs are covered by existing branches and in the remaining 426 SSAs have to be covered through Banking Correspondents.  We have opened Banking outlet in these SSAs through Akshaya centres of Kerala IT mission.
  4. We have implemented Kiosk Banking Technology  in these Sub Service Areas (SSAs).
  5. All the four RSETIS sponsored by our Bank viz; Pathanamthitta, Wayanad, Kottayam, Alappuzha are graded "AA" for the current year.