Lucky Grahak Scheme, was succeeded in his target or not?

Lucky grahak scheme as you will get the idea from its name it is a lucky draw scheme. Indian government started this scheme for promoting cashless transactions. However, this scheme is now abandoned. To know about this read this article till the end.

Table of Contents

Lucky grahak scheme

Between this period those who used cashless modes will get certain gifts on a daily and weekly basis. This scheme is not just only for consumers merchants or businessmen can also take advantage of it.

Eligibility criteria for this scheme

  • RUPay card and BHIM UPI users can also get benefits from this.
  • Transactions between rupees 50 to 3000.

Rewards under lucky grahak scheme

  • Every day 15000 normal consumers were given 1000 rupees.
  • On weekly basis, some selected persons were got the reward of 1 lakh, 10 thousand, and 5 thousand.

Rewards for merchants

Merchants were given the rewards of 50 thousand, 5 thousand, and 2.5 thousand rupees on weekly basis.

Mega draw

The mega draw was given on 14th April.

  • Normal consumers were got the three big prizes in mega draw. The amount of these prizes were 1 crore, 50 lakh, and 25 lakh rupees.
  • Amounts for merchants in the mega draw were 50 lakh, 25 lakh, and 12 lakh rupees.

The main motive of this scheme was to encourage digital transactions. And it was quite successful in it.

This is the end if liked it then share it. And if you got some thoughts or suggestions in your mind then go ahead and comment.

Originally Published on Formal News.

We are delivering Details information about the different schemes launched In India.