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Banking and Finance facility in Simhastha 2016 - Apnaujjain Apnaujjain - Blog
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Banking and Finance facility in Simhastha 2016

Like every Simhastha this time Simhastha will be celebrated in Ujjain in 2016. In the coming Simhastha Mela 2016 which is to be held in the month of April 2016 to May 2016 various types of banking facilities will be provided by leading banks of India. These facilities are planned for Crores of persons that will gather in the city in this religious fest. In this Simhastha it is expected that more than 5 crore people will be coming to Ujjain and there will be a full flow of money after March 2016. Thus authorities felt that every transaction must be managed in a full phased manner. They have decided to appoint certain banking official staff for different Kumbh areas. This staff will manage all the monetary transaction and will help Indian as well as foreign visitor that will be coming from all parts of the world.

As per the finance ministry leading bank of Ujjain will be providing best banking facilities for this entire people.  For managing this, lacs of government employees will be appointed at this time. The government is looking forward to provide best banking facilities to all the tourist and devotees. Some of which are:

  1. Other than 8 offsite and 1 on site ATM in the location new Extension Counter as well ATMs will be open in the Simhasth Mela Area.
  2. There will be arrangement of Forex for tourist coming from outside India.
  3. Best mobile ATM Vans for different areas will be provided.
  4. Special cash pickup and drop up facility will also be provided for Simhastha Mela area.
  5. Temporary banking staff and business correspondence will also be appointed for this period.
  6. Temporary Point of sale machines will be established for shopkeepers at the time of Simhastha.
  7. Prepaid Card facility and Payment Gate Way facility will be provided.
  8.  Cash collection facility will also be provided for business man of Simhastha fest.

From among several banks only 11 banks are to be selected to provide best banking solution at the time of Simhastha 2016. Special representatives, vans, extension counters, expert staff will be appointed for this period. The Simhastha area will be divided in 6 zones & 22 sectors and each sector will be allotted to one bank for looking after the banking facility. MOU has been signed between banks and the government which entails the detail given by the bank that is as follows:

  1. A extension counter will be opened like a full fledged bank to carry out working of all sectors.
  2. Trade finance related facility will be provided by expert staff with the help of trade finance department.
  3. For mobile ATM VANs, support from the alternate channels & cards department will be taken.
  4. CDP services will be provided with the support of CMS department.
  5. Temporary business correspondence will be appointed with the permission of zonal office 
  6. With the support of regional alternate officer point of sale machine will be established.
Posted by: Admin December 16, 2015