Punjab

Cooperative banks to provide E-stamp paper, E-registration & E-court fee services

Cooperative banks to provide E-stamp paper, E-registration & E-court fee services

KS Diwan/ royalpatiala.in/ Chandigarh

The Punjab State Cooperative Bank commenced e-Stamp paper, e-Registration and e-Court fees services to its customers. Under an agreement inked by the bank with the Stock Holding Corporation of India as a result of which the services were started at the head office of the bank at Sector-34 by the Cooperation Minister Sukhjinder Singh Randhawa and the Revenue Minister Gurpreet Singh Kangar.

Randhawa said that this novel initiative of e-Stamping has been started today at the 32 tehsils through the 27 branches situated in different parts of the state. He also said that this would be prove to be of great help to the customers of the bank especially the farming sector. Describing cooperative banks as the backbone of the farming sector, the minister said that the department has taken a decision to upgrade the branches of the Central Cooperative Banks and make them customer friendly.

Cooperative banks to provide E-stamp paper, E-registration & E-court fee services-Photo courtesy-Internet

Randhawa further said that the farmers would be spared the burden of cash carrying and the financial position of the banks would be strengthened because the daily sale of the e-Stamps worth Rs. 8 crore-Rs. 10 crores is expected.

Revenue Minister Gurpreet Singh Kangar said that the unique initiative of the Cooperation Department would directly benefit the farming community at the ground level. He said that with the beginning of e-Stamp paper, e-Registration and e-Court fees the customers wouldn’t have to carry cash with them and this would be of immense help in people getting the stamp papers without much fuss.

On the occasion, the Additional Chief Secretary cum Financial Commissioner (Cooperation) said that the bank has commenced these services under which the customers can make a purchase of the stamp paper worth Rs. 20,000 or more from the branches of the Central Cooperative banks.

Cooperative banks to provide E-stamp paper, E-registration & E-court fee services-Photo courtesy-Internet

The MD of the Punjab State Cooperative Bank Dr. S.K. Batish thanked the Chief Guest and all the other dignitaries and assured that the bank would continue to strive for providing new and unique services to the customers from time to time.

Among others present included MLAs Parminder Singh Pinki and Kulbir Singh Zira, Chief General Manager of NABARD JPS Bindra, Registrar Cooperative Societies Devinder Singh, Additional Registrar Nisha Rana, Head (Government Business) Vivek Khurana and Regional General Manager Pramod Joshi. The compering was done by the Additional Managing Director (Banking) Bhupinder Singh.

 

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