IDFC First Bank launches 'Ghar Ghar Ration' scheme

IDFC First Bank launches ‘Ghar Ghar Ration’ scheme

IDFC First Bank launches ‘Ghar Ghar Ration’ scheme

  • The IDFC First Bank has launched a unique Employee-funded program called ‘Ghar Ghar Ration’ for its low-income customers who were affected by Covid-19. 
  • Under the Ghar Ghar Ration scheme, the employees of the bank have contributed their personal income to help such customers who are affected by the deadly pandemic. 
  • It is a first such employee-led initiative by any bank.

Key features of the scheme

  • The Ghar Ghar Ration program will supply ration kits to 50,000 low-income customers whose livelihood have been impacted by the novel coronavirus pandemic.
  • The ration kits will include, 10 kg rice/ flour, 2 kg lentils, 1 kg sugar and salt, 1 kg cooking oil, 5 packets of assorted spices, tea and biscuits, among other daily essential items needed to support a small family for about a month.
  • For the customers in rural locations, the ration kits will be delivered physically by employees and in urban locations, employees will provide pre-paid cards worth Rs. 1800 to affected customers, who can be use the same to buy  essential supplies.
  • 1000 ration kits have already been disbursed in Maharashtra, Rajasthan and Haryana successfully by the bank.

Points to Remember:

  1. Which bank has launched the employee-led Ghar Ghar Ration scheme for its low-income customers, affected by pandemic?

Source: DNA

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