We are Panchyajanya

Silk Route To Development

PANCHYAJANYA is a microfinance Institute that currently acts as a ‘Business Correspondent’ of ICICI Bank & YES Bank for Banking & Non-Banking services but initially was carrying out operations as a Society which was set up in 2004 (Under West Bengal Society Registration Act 1961).

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panchyajanya   overview

PANCHYAJANYA is a microfinance Institute that currently acts as a ‘Business Correspondent’ of ICICI Bank & YES Bank for Banking & Non-Banking services but initially was carrying out operations as a Society which was set up in 2004 (Under West Bengal Society Registration Act 1961).

From the very beginning PANCHYAJANYA is serving the society through its different social welfare programs like health &Sanitation Program, education program, blood donation camps, trees plantation, women & child care program etc.

In April 2009, the organization took over the microfinance activities and since then it has been extending microloans to the members from the economically challenged sections of the society. These loans will aid poor members in carrying out income generating activities resulting in the improvement of their social conditions.

PANCHYAJANYA is member of Different micro-finance credit bureau such as HIGH MARK & EQUIFAX.

Recent projects

Our Services

MICRO-CREDIT

PANCHYAJANYA has a mission of alleviating poverty by offering micro-finance services to Peoples, which consequently will be passed on to their families. The organization also aims to facilitate improved earnings, enhanced quality of life, and better management of finances.                                                                    

KIOSK BANKING

Kiosk Banking BC model aims to provide a real time, user friendly banking services to the consumer in their neighborhood. A large number of people, particularly the migrant laborers and factory workers do not have a saving account and even not able to open an account due to lack of valid address and ID proof                                                                 

AEPS & DMR SERVICES

To empower a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account and perform basic banking transactions like , cash withdrawal, Intrabank or interbank fund transfer, balance enquiry and obtain a mini statement through a Business Correspondent  

NON-BANKING SERVICES

PANCHYAJANYAS’s proprietary web platform enables easy payments for various service providers through one single web login. ELECTRICITY BILL, POSTPAID MOBILE BILL ,WATER BILL ,COOKING GAS BILL, LANDLINE PHONE BILL,BUS & HOTEL BOOKING,PREPAID MOBILE & DTH RECHARGE etc.

PAN SERVICES

Panchyajanya is now offering you to become a part of Digital India initiative. Apply for PAN Card of all type of person , Firm, Company, Society, Trust etc. (UTIITSL & NSDL).Start your Online/Authorized PAN Card Centre. As PAN Card is a Must for almost all Banking Transactions, Loan approval, any types of financial transactions

ONLINE SHARE TRADING

Panchyajanya is Authorised business partner of Abira Securities Pvt. Ltd to appoint Sub-Broker of NSE & BSE for Equity Trading, Commodity Trading, Currency Trading, Derivative Trading, IPO, Insurence, Fixed Deposit, Mutual Fund and Depository Services. One Platform with Multi Services.     

We are the
best

Our Objetive

It is the principal objective of the organization to reach people from where they can function on their own without further help from other.

Our Vision

The vision of the organization is to create a poverty free society in the coming year to come through whom the organization will come in contact during course of our service. Our Mission

DIGITAL ACCOUNT

A digital  account is paperless, fast and secure way for opening an account on a digital platform. With the help of a digital savings account, the account holder can avail banking services like instant transfer, phone banking, SMS banking etc. Additionally, there are free email and SMS alerts.

WHAT IS I-Sure Pay

Facilitates customers to deposit cash, transfer cheques, clearing cheques, Demand Drafts, Pay Orders and debit instructions at any ICICI Bank branch with the benefit of acknowledgement on a real-time basis, on successful validation of the customer details in the Payee institution’s systems.

Benefits for you

Assurance of correct payment from genuine customer, Flexibility in decision making whether to ‘Accept’ or ‘Reject’ the payment, Cost of handling and carrying cash and/or cheques is saved Account is credited as soon as cash is received and ‘on realization’ in case of cheque, Customised acknowledgement receipt Real time XML alert to client server for database updation No manual reconciliation needed

I-Sure Pay – Collection at Branch counters

Acceptance at branch counter from client’s customers or agents Online validation of customers details with clients database/system before acceptance Provision to update clients database/system instantly after the transaction Any customer (ICICI Bank / Non ICICI Bank) can walk-into branch to make payment Wide network coverage Funds are immediately available to client. (‘On realization’ in case of instrument) System-generated MIS

What is Cash Management Services (CMS)

ICICI Bank’s Cash Management Services offers a full range of products and services to efficiently process your receivables and payables. We cater to all your cash management requirements to optimise your cash flow position and to facilitate effective management of your business operation.

BEST OFFERS FOR YOU


GOLDRs. 18,900.00
One Time (Non Refundable)

  • Micro-Finance
  •  Banking Portal
  •  Non-Banking Portal
  • Account Opening & Kiosk Services Portal 
  • Online Trading (Sub-Broker NSE & BSE ) 
  • Insurance (Life & General)                                                                                                           

platinum RS. 41,900.00 ONE TIME (NON REFUNDABLE)

  • Micro-Finance 
  • Banking Portal 
  • Non-Banking Portal
  • Account Opening & Kiosk Services Portal 
  • Online Trading (Sub-Broker NSE & BSE ) 
  • Insurance (Life & General)
  • ACER / i ball Laptop (11″)
  • Micro ATM 
  •  Bio-Metric Scanner

MICRO-CREDIT


Introduction To Microfinance

In India a large segment of the society, particularly low-income people, have very little access to formal financial services. The Indian government and RBI have been proactive in promoting ‘Financial Inclusion’ and among the various initiatives, reaching out to the un-banked and under-banked populace in partnership with MFIs and/or Pvt. Ltd. Cos. has been seen as an innovative and sustainable method. People from this secluded part of the society too have aspirations to grow and are industrious enough to fulfill all their dreams. We at PANCHYAJANYA too strongly believe in these dreams and have been providing financial services in the remotest parts of India by partnering with Microfinance Institutions (MFIs). We offer innovative microfinance solutions at competitive interest rates and minimal documentation at their doorstep. We do wholesale funding to MFIs for on-lending and provide guarantees to help MFIs avail funding from other sources. Our customer-centric processes ensure that we honour the commitment of every micro-borrower by perfectly complementing their aspirations and empower them, to help achieve their dream. After all, self-reliance at the grass root level is the first step towards a self-reliant India. Access to financial services is a key element in the process of socio-economic empowerment of the financially under-served sections of the society. At PANCHYAJANYA, we support initiatives to enhance access to financial services by bridging gaps wherever there are missing markets, to improve livelihood opportunities and productivity in the country and bring more people into the socio-economic mainstream, thus contributing to the full realisation of India’s vast untapped market. We believe that existing financial intermediaries like Micro Finance Institutions (MFIs) can play a significant role in enhancing the levels of financial inclusion in the country by reaching out to the ‘last mile’ and thereby sharing the responsibilities of the government and the mainstream financial sector. The Bank has been engaging with MFIs over the past decade and is one of the key lenders to such institutions. Our engagement with the members has evolved over time, and we now focus on: Establishing a healthy relationships with select members and Investing in building deeper and concurrent monitoring and control mechanisms to enable healthy growth of the microfinance sector.

Members can avail microloans of a minimum of Rs.2,000 and a maximum of Rs.20,000 individualy And Rs. 2,000 to 60,000 in SHG Model. The loan amount will be disbursed in Rs.1,000 multiples, depending on the eligibility of the borrower.

Microfinance Eligibility

Micro Financing Institutions (MFI are registered as Societies as per Societies Registration Act 1860 or state legislation and as Trusts as per Public Trust Act 1920 or Indian Trust Act 1882.Section 25 companies are registered as per the Companies Act (1956) with permission from central Government.) NBFC (Other legal forms including NBFCs registered as Section 25 companies, for profit NBFCs, Cooperative Banks and Local Area Banks are regulated by the Reserve Bank of India (RBI). Cooperatives are registered as per the State, National and MACS Acts and governed by the State Registrar of Cooperatives.) PANCHYAJANYA is a microfinance Institute that currently acts as a ‘Business Correspondent’ of ICICI Bank & YES Bank but initially was carrying out operations as a Society which was set up in 2004 ( Under West Bengal Society Registration Act 1961 ). In April 2009, the company took over the microfinance activities and since then it has been extending microloans to the members from the economically challenged sections of the society. These loans will aid poor members in carrying out income generating activities resulting in the improvement of their social conditions. At present, PANCHYAJANYA is operational in four states, namely, West Bengal, Assam, Bihar, and Jharkhand. PANCHYAJANYA has a mission of alleviating poverty by offering micro-finance services to women, which consequently will be passed on to their families. The organization also aims to facilitate improved earnings, enhanced quality of life, and better management of finances.

Member Eligibility Criteria for Availing Micro-Loans from PANCHYAJANYA 

 Currently, PANCHYAJANYA lends only to its members through Individual and Group Lending Program. Under this, member with the below-given characteristics are eligible to avail the microloans: Must be aged between 18 years and 53 years Should have the ability to work Must be married and the husband or guardian should agree to let her join the program Should be able to produce at least two Know Your Customer (KYC) documents Must be a permanent resident of that area/village Should be poor Must not be a defaulter of any organisation Must have at least 10 transactions in his or her ICICI (I-Sure Pay) account for the last 30 Days. Has to be compliant with the eligibility criteria prescribed by the Reserve Bank of India (RBI) and Microfinance Institutions Network (MFIN) such as total indebtedness, household annual income, etc. Please note that only one member of the family can avail the microloans from PANCHYAJANYA. and CSP & His Family members are not eligible for microloans.

some of our satisfied loanee members

Our Operation Team

We're an ambitious workaholic, but apart from that, pretty simple persons.

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MANISHA BISWAS

Operation Head


info@panchyajanya.in
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SANDHYA NATH

Relationship Manager


admin@panchyajanya.in
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ANOL KR. GHOSH

IT Head


support@panchyajanya.in

some of our satisfied pmb / csp

partnering WITH US

OUR CONTACTS