1.

'Bank Mitra' is a person who is:1. Friend of the bank manager2. Agent who gets loan for all villagers on a commission3. Agent of a bank in unbanked remote areas4. Creates employment for villagers in a bank

Answer» Correct Answer - Option 3 : Agent of a bank in unbanked remote areas

The correct answer is the Agent of a bank in unbanked remote areas.

  • Bank Mitra
    • A Bank Mitra acts like an agent in facilitating bank and banking-related services, especially in unbanked areas of the country.
    • They help in areas where there are no ATMs and branches of banks.
    • A Bank Mitra provides numerous services to the unbanked people of India.
    • They first take a look at potential customers and help them by verifying identity and collecting all relevant documents.
    • A Bank Mitra is an important individual in the bank and can help bridge the gap between the banked and the unbanked people in India.
    • Bank Mitras are engaged by Bank to help reach the unbanked in India.
      • They include retired employees, retired teachers, retired government employees, etc.


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