The Lender Distributed Sanction letters to MUDRA Loan beneficiaries and SHGs in the region; Financial Inclusion Saturation & Awareness Camp held at Khalapur
FinTech BizNews Service
Mumbai, August 16, 2025: State Bank of India organized a Mega Jan Suraksha Saturation and Awareness Camp at Khalapur with an aim to achieve 100% coverage of financial inclusion schemes at Gram Panchayat and urban local body levels across the district. The initiative is aligned with three month nationwide Financial Inclusion (FI) campaign launched by the Department of Financial Services.
Shri. C. S. Setty, Chairman, SBI was chief guest at the event. Shri Arvind Kumar Singh, DMD, SBI, Mrs. Manju Sharma, Chief General Manager, SBI Mumbai Metro Circle and other Circle functionaries, were also present at the event.
At the camp, SBI had arranged dedicated facilities for Re-KYC services and account reactivation, enabling customers, especially from gram panchayats in Khalapur and adjoining Lonavala talukas, to update their records and become eligible to receive Direct Benefit Transfer (DBT) payments under various Government of India schemes.
On the occasion, Shri. C. S. Setty, Chairman, SBI, requested our customers for the timely Re-KYC and reactivation of dormant accounts to ensure that they can have seamless access to banking services including government welfare benefits. The bank is also committed to empower customers with financial literacy and digital safety.
The camp also featured short awareness sessions on grievance redressal mechanisms and precautions against digital fraud, equipping attendees with knowledge on staying secure in the digital payments ecosystem.
As part of the day’s proceedings:
· Sanction letters were distributed for MUDRA Loans and to multiple Self-Help Groups from the region.
· Settlement amounts under Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jivan Jyoti Bima Yojana (PMJJBY) were handed over to beneficiaries.
· Under SBI’s CSR initiatives, bicycles were distributed to meritorious girl students of Chilthan High School, and renovation and painting support was extended to the Marathi Primary School, Shanti Nagar, Khopoli.
The event witnessed enthusiastic participation, with many customers completing their Re-KYC updation on-site. Participants, local leaders, and community members expressed appreciation for SBI’s efforts in bringing essential banking services and awareness to the doorstep of rural and semi-urban communities.
