State Bank of India SBI introduces Aadhaar-Based enrolment for social security schemes
Public sector lender State Bank of India has unveiled a Customer Service Points functionality that enables hassle-free enrolment for social security schemes through Aadhaar.
With this pioneering feature, customers visiting Customer Service Points (CSPs) will need only their Aadhaar to enroll in pivotal social security schemes i.e. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY).
The functionality does not require customers to carry passbooks to the CSP outlet for enrolment. SBI's advance system simplifies and expedites the enrolment process making it faster and more convenient than ever before.
Speaking on the occasion, Dinesh Khara, Chairman, SBI, said, "Our goal is to empower every stratum of the society by removing the barriers that hinder access to financial security. This technology driven enhancement is a testament to SBI's commitment to improve financial inclusivity and social welfare through digitization."
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