Kudumbashree's Business Correspondent Sakhis to take banking services to the grassroots Updated On 2025-05-19
Kudumbashree has 760 Business Correspondent Sakhis (BC Sakhis) in the state to take banking services to the grassroots and bring banking services to the doorsteps of the common people. The services of BC Sakhis will be very helpful for those who are not digitally literate and those who are physically challenged and have to go to the bank for various purposes including receiving pension. The scheme is being implemented as per the guidelines of the National Rural Livelihood Mission, One BC Sakhi in One CDS. Currently, many members of poor families who are receiving social pension are benefiting from the services of BC Sakhis.
Many services such as investment schemes implemented by various banks in the state, including nationalized banks, personal small loans, insurance schemes, deposit and withdrawal of money will be available through BC Sakhis. In addition, services related to postal life insurance and postal recurring deposit schemes will be available. Financial transactions up to Rs. 10,000 can be made through them. BC Sakhis are members selected from Kudumbashree NHGs. They receive income on a commission basis for providing banking services. In addition, financial assistance is provided through Kudumbashree to those who perform well.This year, 400 more BC Sakhis will be appointed in CDSs. For this, eligible persons have been identified from among Kudumbashree members and a list has been provided to the banks. They are being appointed through agencies appointed on behalf of the banks.







