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February 8th, 2016, 12:16 PM
Super Moderator
 
Join Date: Mar 2012
Re: Union bank of India smart card

Union Bank of India has been launched biometric smart card, like kisan cards, for the benefit of the farmers.

The card, being operated on the image of fingerprint and connected to a server, is in experimental stage and would be introduced for trial run in a village in Warangal district in Andhra Pradesh and Varanasi in Uttar Pradesh, Bank Chairman and Managing Director M.V. Nair

Every one of you will be provided with a SMART CARD known as UBI Smart CARD, which has photo & Biometric identification.

It is virtually banking at doorstep. Business Correspondents/ Facilitators and UBI Branch officials will call on you for all your banking and credit requirements.

Basic “no frills” bank account for receiving payments /savings / deposits.
Small loan/overdraft facilities.

Money transfer facilities.
Insurance (life / non-life) services.
Financial advisory services.
Payment of wages under NREG Scheme.
Payment of Social Security Pension (SSP).


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