Mahilla Pradhan Kshetrya Bachat Yojana Form - Summary
If you’re looking for the Mahilla Pradhan Kshetrya Bachat Yojana Form PDF, you’ve come to the right place! You can easily download the application form for the renewal of the MPKBY Agency PDF by clicking the link at the bottom of this page.
About Mahila Pradhan Khestriya Bachat Yojana (MPKBY)
The Mahila Pradhan Khestriya Bachat Yojana (MPKBY) was launched by the Government on 01.04.1972. The main goals of this beneficial scheme are:
- To educate housewives on managing family budgets effectively.
- To encourage the habit of saving among families and self-employed individuals.
- To promote and secure investments in the National Savings 5 Years Recurring Deposit Account from small savers.
- To generate resources for the country’s development and defense needs.
How to Apply for Renewal of MPKBY Agency
The management of the authorized agency systems, including the appointment, renewal, and supervision of agents, is now handled by the State Government. Women who wish to become agents should reach out to the appointing authority in their area, such as the Director of Small Savings or the District Collector where they reside. In some states, the Block Development Officers (BDOs) or Tehsildars also serve as appointing authorities for MPKBY.
Authorized agents earn a commission from the deposits they collect for the National Savings 5 Years Recurring Deposit Account. The commission rate is established by the Government, and agents receive a certificate of authority that outlines their details and the validity of their agency.
Agents are given ASLAAS-5 cards to use when accepting deposits. It’s essential for investors to request a properly printed card from the agent when making a deposit. The agent will record each month’s transaction in the depositor’s copy of the card, which should align with the entries in the depositor’s passbook once returned.
You can download the Mahila Pradhan Khestriya Bachat Yojana Form in PDF format using the link below. Be sure to take advantage of this useful resource! 😊