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More than 10 lakh bank accounts mobilized during Financial Year 2018-19 

New Delhi: Pension Fund Regulatory and Development Authority (PFRDA) organised a Regional Atal Pension Yojana (APY) Strategy cum Review Meeting for FY 2018-19 at Bengaluru yesterday for South Based Banks (Karnataka and Kerala) and DOP-Circles with an objective to discuss the target allocated for FY 2018-19 and the strategies adopted by the banks to achieve the same. More than 10 lacs accounts have been mobilized during FY 2018-19 and cumulative APY Subscriber Base is 1.09 cr.

It is emphasized that PFRDA has enabled several online features to facilitate subscribers to access their Account without visiting the Bank/Post Branch. These features are expected to benefit APY Subscribers and empower them to carry-out Account related activities as described below.

 

  • Grievance Module
  • APY Upgrade View / Downgrade View
  • APY ePRAN card/ Statement View
  • Aadhaar Seeding
  • APY@eNPS
  • Mobile Application

 

APY SPs need to maintain the persistence levels as well of the accounts along with fresh sourcing to be eligible for persistency incentive and ensuring adequacy of the corpus for the subscriber.

PFRDA appreciates the efforts taken-out by the APY Service Providers (Banks/DoP) throughout the year and during the campaigns (Incredible leadership/ Passion for Performance/Splendid Seven) for their contribution towards making India a Pensioned Society.

Awards were also given on the occasion. The list of Awardees at the event is as follows:

List of Awardees

 

Best Performing Business CorrespondantI

S no. Name of the Bank Category Name of the Official Name of the Campaign
1 Karnataka Bank Best Performing Private Bank   Icons of Inspiration
2 Vijaya Bank Best Performing Nodal Officer Sanjay Jha Passion for Performance
3 Karnataka Vikas Gramin Bank Best Performing Regional Rural Bank   Incredible Leadership
4 Pragathi Krishna Gramin Bank Best Performing Nodal Officer Nagaraj Passion for Performance
Best Performing Regional Manager S.V. Kulkarni (Bidar Region) Splendid 7
Best Performing Region South Splendid 7
Best Performing General Manager N.G. Shylendra Udupa Splendid 7
Best Performing Regional Manager B.N. Bhaskara (Davanagere Region) Splendid 7

 

 

Best Performing Women Branch Manager

Vijayalaxmi Patil (Farhatabad Branch) Splendid 7
Integra Microsystem Pvt Ltd Correspondent Splendid 7
Best Performing Branch Manager (Regional Rural Bank) Vinayak Vedalaveni (Humnabad Branch) Splendid 7
5 Canara Bank Best Performing Nodal Officer Pratheep Passion for Performance
Best Performing PSB   Incredible Leadership
Best Performing Major Bank   Icons of Inspiration
Best Performing General Manager Pramod Kumar Splendid 7
Best Performing Branch Manager (Major Bank) Jayaramudu Jammakula (Molakalmuru Branch) Splendid 7
Best Performing Branch Manager (Major Bank) Vijay Aggarwal (Chandigarh sec 47c Branch) Splendid 7
Best Performing Branch Manager (Major Bank) Paramjit Singh (Bhurekona Branch) Splendid 7
Best Performing Branch Manager (Major Bank) Bipin Kumar Singh (Bommanahally Branch) Splendid 7
Best Performing Branch Manager (Major Bank) Usha Kumari (Ummaid Bhawan Palace, Jodhpur) Splendid 7
Best Performing Branch Manager (Major Bank) Sheikh Aaqib Ahmed (Chanapora Srinagar Branch) Splendid 7
6 SLBC Karnataka Best Performing SLBC   Incredible Leadership

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