Financial Inclusion Promotion Program

MCM started it Financial Inclusion Promotion Program (FIPP) in April 2013, through which it envisioned that all its member clients become part of Mainstream Financial Banking Systems.

MCM believes that having a Saving Bank Account is not sufficient for being financially included. Member should also start banking operations by visiting branches.

To make its FIPP successful all the disbursements are done through NEFT which ensures that all the borrowers have their own Saving Bank Account.MCM made compulsory for its clients to open a Recurring Deposit Account with nearest Public/Sector Bank and inculcated habit of saving with Banks instilling their faith in Banks as most reliable window for saving.

MCM has also facilitated its members for availing PM Jan Dhan Yojna benefits by facilitating them in accessing life Insurance, Accidental Insurance and Atal Pension Yojna with their respective banks at affordable rates.


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