Punjab Raises Prisoners’ Account Limit to Rs25,000
Families can now transfer funds through digital and banking apps, under an MoU between the Punjab Prisons Department and the Bank of Punjab.
Punjab raises the limit for depositing money into prisoners’ accounts from Rs10,000 to Rs25,000, with families able to transfer funds through banking apps.
The Punjab authorities have raised the limit for depositing money into prisoners’ accounts from Rs10,000 to Rs25,000 for personal expenses, allowing families to transfer funds through digital and banking apps.
What Changes
Families no longer need to visit banks repeatedly to deposit money; they can transfer funds from home through digital banking services.
The move aims to make financial support for prisoners easier and to promote modern digital financial services among prisoners and their families.
The Punjab Prisons Department and the Bank of Punjab have signed a memorandum of understanding (MoU) to formalise the arrangement.
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