₹1-crore bounty for a ₹1,590 digital payment

Pranab picks winner of scheme to promote cashless economy

April 09, 2017 10:33 pm | Updated 10:34 pm IST - New Delhi

Strike it rich: Winners to be felicitated by the PM on April 14 in Nagpur.

Strike it rich: Winners to be felicitated by the PM on April 14 in Nagpur.

A transaction of ₹1,590 has bagged a Central Bank of India customer lucky bounty of ₹1 crore under the government’s promotional scheme to popularise digital payments.

President Pranab Mukherjee picked up the lucky winners from the 100th draw of lots under the digital payments promotion schemes at the Rashtrapati Bhavan here. He congratulated the six winners — three consumers and three merchants — of Lucky Grahak Yojana and Digi Dhan Vyapar Yojana.

In the consumer section, the first mega prize of ₹1 crore went to a customer of Central Bank of India, while the second prize of ₹50 lakh went to a Bank of Baroda customer. A customer of Punjab National Bank is the winner of third prize of ₹25 lakh. All the three customers had done transactions using their RuPay debit cards. The names of three winners were not yet known as the draw only displayed their transaction numbers. These will be matched with card details to identify the winners.

Three merchants also won prizes of ₹50 lakh, ₹25 lakh and ₹12 lakh, respectively. The winners will be felicitated by Prime Minister Narendra Modi on April 14 in Nagpur on the occasion of Ambedkar Jayanti.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.