Central Bank of India customer wins Rs 1 cr

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

This lucky draw is picked by President Pranab Mukherjee from the 100th draw of lots under digital payments promotion schemes at Rashtrapati Bhavan.

President  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 Rs 1 crore went to a customer of Central Bank of India, while the second prize of Rs 50 lakh went to a Bank of Baroda customer.

A customer of Punjab National Bank is the winner of the third prize of Rs 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.

The winners will be felicitated by Prime Minister Narendra Modi on April 14 at Nagpur on the occasion of Ambedkar Jayanti.

Following demonetisation of old Rs 500 and Rs 1000 notes on November 9 last year, the government took a slew of measures to promote digital payments in the country.

The government launched the Lucky Grahak Yojana for consumers and Digi Dhan Vyapar Yojana for merchants on December 25, 2016 to promote digital transactions. These schemes are being implemented by the National Payment Corporation of India (NPCI).