Empowering Customers with Direct Benefit Transfer (DBT)

At The Mahendragarh Central Cooperative Bank Ltd., we are committed to supporting government initiatives that provide direct financial benefits to the citizens of India. The Direct Benefit Transfer (DBT) system ensures that subsidies and welfare benefits are transferred directly to the bank accounts of eligible beneficiaries in a transparent, secure, and efficient manner.

What is Direct Benefit Transfer (DBT)?

DBT is a government initiative aimed at transferring subsidies, pensions, and welfare funds directly to beneficiaries’ bank accounts, eliminating intermediaries and leakages. It ensures faster and hassle-free disbursement of government aid.

Benefits of DBT for Customers

• Quick & Direct Credit: Funds are transferred swiftly and securely into your bank account, ensuring timely access without delays.
• Eliminates Middlemen: Reduces corruption and ensures funds reach the right beneficiaries.
• Secure Transactions: Transfers are made through a safe and RBI-regulated banking system.
• Real-Time Monitoring: Beneficiaries can track payments and check their account balance anytime.
• Supports Financial Inclusion: Encourages digital banking and account access for all.

Types of Benefits under DBT

Customers can receive benefits for multiple schemes through their bank accounts, including:

1. Subsidy Transfers:

• LPG Gas Subsidy (PAHAL Scheme)
• Food & Fertilizer Subsidies
• Agricultural & Farming Benefits

2. Social Welfare Payments:

• Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) Payments
• Scholarships for Students (Pre & Post Matric)
• Pension Schemes (Old Age, Widow, and Disability Pensions)

3. Rural Development & Financial Aid:

• Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
• Janani Suraksha Yojana (JSY)
• Various State and Central Government Assistance Programs

How to Avail DBT through Our Bank?

1. Ensure Your Account is Linked:

   • Open an account with The Mahendragarh Central Cooperative Bank Ltd.
   • Provide Aadhaar details (if applicable) and link it to your account.
   • Update your mobile number for notifications.

2. Register for the Scheme:

   • Visit your home bank branch or apply through government portals.
   • Provide the required documents and beneficiary details.

3. Receive Direct Transfers:

   • Once registered, your subsidy/welfare amount will be credited directly to your account.
   • You will receive an SMS confirmation for every transaction.

Checking DBT Payments & Balance

• Visit the Bank: Inquire at your nearest branch.
• ATM Inquiry: Withdraw or check your balance via ATMs.
• SMS Alerts: Get instant notifications on credited amounts.

Why Choose Us for DBT?

• Seamless processing of subsidies & government benefits.
• Quick and secure transactions.
• Customer support for DBT-related queries.
• Easy Aadhaar linking & account registration.

For more information or assistance, visit your nearest The Mahendragarh Central Cooperative Bank Ltd. branch.