Bihar will ensure that all 9,213 villages in the state with a population of 2,000, would have banking facility through bank correspondent (BC) model by the end of the current fiscal, ending March 31. Here a person so deputed carries a handset to carry banking transactions. About 7988 Villages have already been covered and remaining 1225 will be covered by March 31.
In the next phase of this development, all villages with population above 1000 shall be connected via BC model. However, each village with a population more than 5,000 would have an independent banking facility through fully functional brick and mortar branch by September this year