Digital Banking Units:
In digital banking units, people can avail of facilities like online account opening, loan application, internet banking bill payment, passbook printing, etc.
DNA Hindi: Prime Minister Narendra Modi on Sunday launched 75 Digital Banking Units (DBUs) in 75 districts to take banking services to every nook and corner of the country. With the help of DBU, the government is trying to take banking services to the last person in the country at an affordable rate.
11 public sector banks, 12 private banks, and one small finance bank are participating in this mission of digital banking units and 75 digital banking units have been opened in different parts of the country. Let us tell you that in the budget of the current financial year, Finance Minister Nirmala Sitharaman announced the opening of 75 DBUs to mark the completion of 75 years of independence.
What is DBU?
As per the information provided by the Prime Minister’s Office, DBU is a digital banking outlet. In this, people can avail of facilities like opening savings accounts, checking account balances, printing passbooks, transferring money, investing in FD, applying for loans, issuing credit and debit cards, enrolling, and paying taxes and bills. Can. It has been further said in the statement that the government aims to provide digital banking services to customers at a low cost.
How will DBU work?
The country’s two largest private banks ICICI Bank and HDFC Bank have also participated in the DBU mission. ICICI Bank has opened DBUs in Dehradun, Karur, Kohima, and Puducherry while HDFC Bank has opened DBUs in Haridwar, Chandigarh, Faridabad, and South 24 Parganas.
The DBU of ICICI Bank will be divided into two parts. The first part will be a self-service zone, in which people will be able to avail the facility of ATM, cash deposit, print passbook, check deposit, and internet banking. On the other hand, the second part will be the Digital Assistance Zone, where a representative of the bank will be present, who will be able to solve the problems of the customers as well as apply for savings accounts, FD, and home loans. Auto Loan, Personal Loans, and Credit Card. Taxes will also help. The DBU of HDFC Bank will be very similar to that of ICICI Bank.
What is dbu? Facilities are available in DBU, full form Objective. In how many districts will this system be implemented? Digital Banking Unit
, What is dbu? What facilities will be provided under this? In how many districts will this system be implemented in the first phase? What is DBU? What facilities will be given under this? In how many districts this facility will be available in the first phase? ,
This is the era of digital transactions. People do not like to keep cash with them even while going to the market. Even small shopkeepers, including tea stalls and vegetable vendors, accept digital payments these days. If we talk about shopping only, then according to research, 64 percent of people shop online and prefer digital prices.
In this era of digital, now the Government of India has also taken steps towards opening DBU keeping in mind financial inclusion. Do you know what this DBU is? if not? Still, nothing to worry about. Today in this post, we will give you the detailed information in this regard. All you have to do is read this post carefully from beginning to end. let’s start
What is dbu? What will be the facility in this? (What is DBU? what facility will it provide?)
Friends, let us first know what this DBU is. The full form of DBU is Digital Banking Unit. Digital Banking Unit has been conceptualized to connect more and more people with banking and provide banking facilities. Through these units, initially, a total of 10 services to the customers like- savings accounts, current accounts, RD-FD, cash withdrawal, passbook printing, etc. will be provided digitally.
DBUs of banks must provide mobile and internet banking facilities to customers, debit cards, credit cards, mass transit system cards, UPI, QR codes, applications for BHIM Aadhaar, and digital kits for points of sale. In addition, these DBUs will provide digital facilities to customers for several government schemes including Atal Pension Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and Pradhan Mantri Suraksha Bima Yojana.
When will DBU start in India? (When will DBU start in India?)
Friends, let us inform you that on October 16, 2023, the Prime Minister of our country Narendra Modi will virtually launch 75 digital banking units in 75 districts of the country. Let us tell you that the Finance Minister of India Nirmala Sitharaman has already announced this regard the budget for 2022-23.
Now you must be thinking that what is the purpose behind starting in the first phase only in 75 districts? So let us tell you friends that this year we are celebrating the 75th Amrit Mahotsav of Independence. Hence, 75 districts have been selected for the launch of DBU.
What is the purpose behind the opening of DBU? (What is the objective behind opening DBUs’?)
Friends, if we talk about this, what is the purpose behind starting DBU? So let us tell you that the biggest objective of the government behind this is financial inclusion. The government aims to provide digital services to those people who are not yet in the ambit of digital services. Still not able to do digital transformation or those who are away from bank branches. Through the Digital Banking Unit, they will be able to open all their accounts and do transactions.
You know that 70% of India’s population lives in villages. And every bank can’t open its branch in every place. Therefore, efforts are being made to digitally connect people with financial inclusion through DBUs. In the coming time, DBUs will be opened in each state and union territory.
Will these DBUs work like bank branches? (Will these DBUs work like a bank branch?)
Friends, if you are thinking that these DBUs will work like a bank branch, then it is not so at all. These will be the digital entities of the bank. There will be paperless work here. We have already told you that in the beginning, at least 10 services will be available in these, but friends, once the DBU eco-system picks up speed, then this number will be increased to 30.
The cash amount will not be taken for deposit in DBU. Withdrawals and deposits will be possible only with the help of ATMs and cash deposit machines. Along with internet banking kiosks, payment services like NEFT, and IMPS, and facilities like KYC, and complaint lodging will also be made available to the customers through them.
In how many banks will the DBU facility be given initially? (Initially how many banks will give DBU facility?)
Friends, let us tell you that initially DBU will be operated in 11 public banks, 13 private banks, and 1 small finance bank. As per the plan State Bank of India (SBI) will set up a maximum of 12 DBUs. Along with this, Punjab National Bank (PNB) and Union Bank of India (union bank of India) 8-8, Bank of Baroda (Bank of Baroda) 7, Canara Bank (Canara Bank) 6 and Indian Bank (Indian Bank) 3 DBU. Will install
According to the Indian Banks Association (IBA), ICICI Bank and Axis Bank will set up 3-3, while HDFC Bank will set up 2 DBUs.
In which states and 75 districts of the country DBUs will be opened in the first phase? (In which states and their 75 districts the DBU will be opened?)
We have told you that Prime Minister Narendra Modi will inaugurate these DBUs on October 16, 2023, in a virtual manner. Come, now you give information about the states and districts where these DBUs will be opened in the first phase. they are like this.
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