Government Schemes
Pradhan Mantri Fasal Bima Yojana (PMFBY)
This crop insurance scheme provides financial support to farmers in India. Launched in 2016 by the Government of India, the bank makes maximum efforts each year to include more farmers in this scheme.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
A one-year term life insurance scheme covering death from any cause. The scheme is offered by banks and post offices and administered by life insurance companies. The bank conducted financial literacy programs (NABARD Sponsorship) and opened many accounts under this scheme.
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
A one-year renewable accident insurance scheme that provides coverage for death or disability caused by an accident. Available for individuals aged 18 to 70 with a bank account. The bank conducted financial literacy programs (NABARD Sponsorship) and opened many accounts under this scheme.
Prime Minister's Employment Generation Programme (PMEGP)
A credit-linked subsidy scheme helping unemployed individuals start their businesses. Administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME) and implemented by the Khadi and Village Industries Commission (KVIC). The bank obtained membership in 2024 and is actively disbursing loans to eligible farmers.
