3 months ago
2
Members of the Bank Business Correspondents Association submitted a petition to the District Collector successful Tiruchi connected Friday seeking the restoration of committee payments and basal wages, stating that hundreds of correspondents person been near without income for respective months.
Association typical R. Ilayaraja said that implicit 800 concern correspondents successful the territory service arsenic a captious span betwixt banks and the public, playing a cardinal relation successful delivering authorities payment schemes straight to beneficiaries. He said correspondents facilitate doorstep banking services, sojourn colleges to unfastened slope accounts, and assistance enrol beneficiaries nether schemes specified arsenic aged property pension, assistance for persons with disabilities, Kalaignar Magalir Urimai Thogai, Pudhumai Penn, and Tamil Pudhalvan.
However, helium said that until 2025, the authorities provided a committee of ₹30 per transaction to banks, of which ₹10 was passed connected to concern correspondents. After the State authorities directed banks to transportation retired the services directly, respective banks reportedly discontinued engaging correspondents and subsequently stopped paying commission.
He said that basal wages had not been paid for the past six months. While Indian Overseas Bank had paid wages for a little period, payments had since been stopped, leaving galore correspondents without a dependable livelihood.
The relation urged the State authorities to instrumentality their livelihood concerns earnestly and guarantee that pending commissions and wages were released, informing that continued delays could demotivate correspondents and impact transportation of indispensable banking services to the public.
