Breaking Barriers to Financial Security

In a significant move towards financial inclusion, State Bank of India (SBI) has introduced a revolutionary facility that will enable its customers to register for social security schemes using their Aadhaar number. This new initiative, inaugurated by SBI Chairman Dinesh Khara, aims to remove the barriers that prevent individuals from accessing financial security.

The facility is currently available at SBI’s Customer Service Points (CSPs) and allows customers to register their names in the Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana schemes without the need to carry their account passbooks. By simply providing their Aadhaar number at a CSP, customers can now avail themselves of these social security benefits.

Streamlining the Registration Process

With this Aadhaar-based registration system, SBI has made the process of enrolling in social security schemes more convenient and efficient. Customers no longer have to go through the hassle of carrying physical documents or visiting multiple branches. The introduction of this facility not only saves time but also ensures that every eligible individual can easily access the benefits provided by the central government.

SBI Chairman Dinesh Khara emphasized the positive impact of this initiative, stating, ‘This new facility will unlock financial security for countless individuals who were previously unable to access these social security schemes. By eliminating the need for physical documents and passbook verification, we are empowering our customers to take control of their financial well-being.’

Embarking on a Journey Towards Empowerment

As SBI continues to lead the way in the banking sector, this Aadhaar-based registration facility marks another step towards enhancing customer experience and fostering financial inclusion. By leveraging technology and streamlining processes, SBI is making financial services more accessible and convenient for its customers. Through this initiative, the bank aims to empower individuals to secure their future and protect their loved ones by enrolling in social security schemes effortlessly.

For SBI customers, this facility opens the doors to a brighter and more secure future. By taking advantage of the Aadhaar-based registration, individuals can ensure that they have access to life insurance, accident insurance, and pension benefits provided by the government. SBI remains committed to empowering its customers and believes that financial security should be within everyone’s reach.

By Editor

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