Bank asked to open zero balance account of farmers for bonus payment

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Chandigarh, Nov 3 (UNI) The Punjab Government today asked banks to open zero balance account of farmers to facilitate payment of paddy bonus to them.

It has been decided to pay bonus to the farmers directly into their bank accounts instead of making payments through shellers, according to an official spokesman here.

The spokesman said that it had come to the notice of government that some banks were demanding Rs 2500 to Rs 5000 for opening their bank accounts.

Food and Supplies Minister Adesh Partap Singh Kairon has taken a very serious note of this. He has strongly advised the banks to open the accounts of farmers with Zero Balance facility.

He desired that no extra financial burden even on photographs was put on the farmers who were already under debt.

The spokesman said that to encourage farmer's friendly banking, banks should not impose restrictions to keep minimum balance in their accounts. Any bank failing to adhere to this advice would be de-paneled from handling food accounts.

The advised all District Food and Supplies Controllers to ensure that no farmers should face any difficulty in opening accounts with the banks.

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