Ref.No. NB.HO.

DFIBT/ 7327-7785 / DFIBT-23/ 2017-18

26 May 2017

Circular No. 133 / DFIBT – 27 / 2017

The Chairman / Chief Executive Officer

Regional Rural Banks
State Co-operative Banks and
District Central Co-operative Banks

Dear Sir,

Demonstration of banking technology through Mobile Van-

Support under Financial Inclusion Fund (FIF)

In order to promote digital financial literacy, it has been decided to support the
demonstration of banking technology through mobile van under Financial Inclusion
Fund (FIF), the details of the scheme are as indicated below:
1) Broad objectives of the scheme
i. Spreading Financial Literacy
ii. Demonstration of various digital banking technologies for Digital Financial
Literacy
iii. To sensitize and enable merchants and end customers to use digital payment
system.
iv. To create awareness among the users about the precautions and safety
measures while using different banking technologies.
v. Demonstration of microATM, ATM, POS, RuPay card transaction etc.

2) Institutions eligible for support

i. CBS enabled Regional Rural Banks and rural Cooperative Banks
ii. The Banks should be on NFS and should have or be in the process of
implementing various Banking Technologies.

3) Extent of Support
i. Support of up to a maximum cap of ` 15 lakh per demo mobile van. However
the extent of support will be limited to actual capital expenditure incurred by
the bank.

र ष्ट्रीय कृ वि और ग्र मीण ववक स बैंक

National Bank for Agriculture and Rural Development
ववत्तीय सम वेशन और बैंवकिंग प्रौद्योवगकी ववभ ग
प्लॉट क्र सी-24, 'जी' ब्लॉक, ब िंद्र -कु ल ा कॉम्पप्लेक्स, ब िंद्र (पूवा), मुबिं ई - 400 051. टेली: +91 22 2653 0024 • फ़ै क्स: +91 22 2653 0150 • ई मेल: dfibt@nabard.org
Department of Financial Inclusion and Banking Technology
Plot No. C-24, 'G' Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 • Tel.: +91 22 2653 0024 • Fax: +91 22 2653 0150 • E-mail: dfibt@nabard.org

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 ii. The support to the RRBs and the rural Cooperative Banks for one mobile
van will be as under:
SN Bank Extent of Support
80% of the total expenditure or ` 15 lakh each
1 RRBs
whichever is lower
90% of the total expenditure or ` 15 lakh each
2 Rural Cooperative Banks whichever is lower

100% support for both RRBs & rural Cooperative Banks for North Eastern
Region, Sikkim, Jammu & Kashmir, Uttarakhand, Jharkhand, Himachal
Pradesh, Chhattisgarh and Andaman & Nicobar Islands.

4) Other Conditions
i. The assistance may be utilized towards capital expenditure of ATM,
microATM, GPRS Router, UPS, PoS, V-Sat etc.
ii. One demo mobile van per rural Cooperative Bank.
iii. One demo mobile van for every 03 districts subject to cap of 03 mobile demo
vans per RRB.
iv. The Cooperative Banks which have already availed support for mobile van
will not be eligible for support under the scheme.
v. The RRBs if availed support for one mobile van, will be eligible for the
remaining two mobile vans subject to district criteria stated above.
vi. Sanctions will be allowed till 30 September 2018.
vii. Mobile van should also have adequate financial literacy material in vernacular
medium.

5) In respect of banks, in the states with CRISIL Inclusix score 2013 of more than 70%
(Karnataka, Chandigarh, Goa, Tamil Nadu, Kerala, Puducherry), the van will be
sanctioned on a first come first serve basis, with a maximum allocation of 28
mobile vans to these states.

6) Banks are required to submit the proposals to the Regional Offices, as per the
format indicated in Annexure 1. The claims will be settled on reimbursement basis.
The claims are to be made within six months of sanction (Annexure 2) failing which
the sanction will be withdrawn.
Yours faithfully

(Subrata Gupta)
Chief General Manager
Encl: as above

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 Annexure 1
(Format for submission of Proposal by RRB/rural Cooperative Bank - on
Bank’s letterhead)

The Chief General Manager

NABARD
…….. Regional Office

Dear Sir

Demonstration of banking technology through Mobile Van-

Support under Financial Inclusion Fund (FIF)

Please refer to your circular number ….. dated 26 May 2017 on the captioned subject. In
this connection, we request you to sanction an amount of `……………. for purchase of
mobile van for demonstration of baking technology. The details are as per the following:

Sr. Particulars Details

No
1 Total No. of districts covered by the
Bank
2 Total no. of mobile vans applied for
which support is required under FIF
(01 in case of Cooperative Bank)
3 If any support has been availed
earlier under FIF for demonstration
of banking technology through
mobile van(if yes, please give
details)
4 Details of Mobile Van
SN Particulars Name of Components Total Financial
the of Mobile Van financial Assistance
District/s outlay sought
to be (`) (`)
covered
1 Mobile Van 1
2 Mobile Van 2
(only for RRBs)
3 Mobile Van 3
(only for RRBs)
Total

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 4. We certify the following:

a) that the mobile van/s is/are will be equipped to demonstrate all new and relevant
banking technologies.
b) the amount will be utilized for mobile van to be used for demonstration of banking
technology.
c) a monthly movement plan of mobile van will be made beforehand and announced in
the intended area.
d) Mobile van will have adequate financial literacy material in vernacular medium.
e) the expenditure related bills and information will be maintained and retained by the
Bank for future inspection by NABARD.
f) that the details regarding the movement of van, campaign conducted, trend of
participation and similar information will be maintained and access will be provided
to such information to NABARD, as and when requested.

Yours faithfully

Name of authorized Officer:

Designation:
Name of the Bank:
Date:

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 Annexure 2
(Format for submission of Claim by RRB/rural Cooperative Bank - on Bank’s
letterhead)

The Chief General Manager

NABARD
…….. Regional Office

Dear Sir

Demonstration of banking technology through Mobile Van-

Support under Financial Inclusion Fund (FIF)

Please refer to your sanction letter No……….. dated…………… on the captioned subject. In
this connection, we request you to reimburse an amount of (`)……………. for purchase of
mobile van for demonstration of banking technology. The details are as per the following:

2. Details of Mobile Van

SN Particulars Name of Components Total Expenditure Financial

the of Mobile financial incurred by Assistance
Districts Van assistance the Bank sought
covered sanctioned (`) (`)
(`)
1 Mobile Van 1
2 Mobile Van 2
(only for
RRBs)
3 Mobile Van 3
(only for
RRBs)
Total

3. We have incurred an expenditure of `……………….. for purchase of mobile van and the
various components of banking technology as indicated above.

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 4. We certify the following:

g) that the mobile van/s is/are will be equipped to demonstrate all new and relevant
banking technologies.
h) the amount will be utilized for mobile van to be used for demonstration of banking
technology.
i) a monthly movement plan of mobile van will be made beforehand and announced in
the intended area.
j) Mobile van will have adequate financial literacy material in vernacular medium.
k) the expenditure related bills and information will be maintained and retained by the
Bank for future inspection by NABARD.
l) that the details regarding the movement of van, campaign conducted, trend of
participation and similar information will be maintained and access will be provided
to such information to NABARD, as and when requested.

Yours faithfully

Name of authorized Officer:

Designation:
Name of the Bank:
Date:

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