Prime Minister recently announced two new schemes – namely Lucky Grahak Yojana for retail consumers, and Digi Dhan Vyapar Yojana for small businesses – in a bid to boost digital payments in India. Winners will get a minimum of Rs. 1,000 through a lucky draw – while the winners will be chosen on daily and weekly basis under the Lucky Grahak Yojana, merchants who have won under the Digi Dhan Vyapar Yojana will be announced every week. Both the schemes have been launched to incentivise citizens for using cashless payment methods, and will run till April 14.
In order to participate in Lucky Grahak Yojana and Digi Dhan Vyapar Yojana, you need to make digital payments through either of the following modes: UPI (Unified Payment Interface), RuPay, AEPS (Aadhaar Enabled Payment System), and USSD (Unstructured Supplementary Service Data). Those who use other cashless payment modes, such as e-wallets, debit and credit cards, will not be eligible for the Lucky Grahak Yojana and Digi Dhan Vyapar Yojana rewards. Also, to be eligible for the Lucky Grahak and Digi Dhan Vyapar Yojana rewards, you must make transactions between Rs. 50 and Rs. 3,000. Those who make purchases above Rs. 3,000 will not be eligible for the rewards in this scheme.
To see our Bank’s customer winner, click here.