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Subhadra Yojana: Maximum NPCI pending cases of SBI account holders; can't get money on Feb 8 if...

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It is pertinent to mention here that the cases of NPCI failure are preventing the disbursement of Subhadra Yojana funds to eligible beneficiaries. The issue of NPCI failure is primarily between the banks and the beneficiaries.

Odisha Deputy CM Pravati Parida

The Odisha government is confident of extending Subhadra Yojana benefits to nearly 1 crore beneficiaries with the release of the fourth phase money of the first installment on February 8. Deputy Chief Minister Pravati Parida on Sunday urged the women beneficiaries enrolled under the Subhadra Yojana to promptly address minor banking issues with the National Payments Corporation of India (NPCI) that may hinder the receipt of their benefits.

It is pertinent to mention here that the cases of NPCI failure are preventing the disbursement of Subhadra Yojana funds to eligible beneficiaries. The issue of NPCI failure is primarily between the banks and the beneficiaries.

Also Read: Subhadra Yojana Phase 4 money will be disbursed on Feb 8, confirms Odisha Dy CM

“NPCI issues could be due to linkage of one Aadhaar linked with multiple accounts, mobile number issues or any other Aadhaar-related issues. The beneficiaries should visit their bank branches to resolve any account discrepancies on February 3 and February 4. The Subhadra Yojana financial assistance will be provided to all those who will complete the NPCI and eKYC formalities on February 8,” said Parida.

According to the Deputy Chief Minister, a lot of pending cases are from the State Bank of India (SBI) and account holders can visit the SBI centres to activate their accounts with the National Payments Corporation of India (NPCI).

If NPCI issues are cleared, the total beneficiaries under Subhadra Yojana will touch 1 crore. However, the Subhadra Yojana registration will continue till all eligible beneficiaries are enrolled, Parida added.

It is pertinent to mention here that a special function will be organised at Jajpur for the disbursal of the fourth phase assistance to eligible beneficiaries of Subhadra Yojana on February 8.

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