Chairman announces exclusive Transport Finance Branch at Transport Nagar, Narwal
JAMMU: Under its corporate social responsibility (CSR) initiative, J&K Bank handed over two multipurpose pick-up collection vehicles to the Jammu Development Authority (JDA) here on Tuesday. J&K Bank Chairman, Parvez Ahmed handed over the keys of the vehicles to the JDA Vice Chairman, Pawan Rathore in presence of Divisional Commissioner Jammu, Sanjeev Verma, Deputy Commissioner Jammu, Ramesh Kumar, members of Transport Nagar Welfare Association and senior functionaries of the bank.
The cleanliness drive launched by the bank in collaboration with Jammu Development Authority and Transport Nagar Welfare Association under Swachh Bharat Mission to promote upkeep of surroundings and environment in Transport Nagar and adjoining area also culminated on Tuesday, an official handout read.
Divisional Commissioner Jammu while interacting with the media said that J&K Bank is an ‘iconic’ institution of the state which is at the forefront of serving the society. “The Bank has a highly committed workforce which has been serving the public in a professional manner under challenging circumstances in the nooks and corners of the state,” he added.
“The multipurpose pick up vehicles dedicated by the JK Bank will help the JDA in maintaining the sanitation in areas under its management. JDA should put them to best use. I also request the Chairman to develop the agri business potential in the Jammu region especially, the vegetable farmers of Marh, Assar, Chenani, Sudh Mahadev, etc. by facilitating forward linkages for the marketing of the produce,” he said while requesting the bank chairman to devise a customised loan product for the vegetable farmers.
Speaking on the occasion, J&K Bank Chairman, Parvez Ahmed commended the efforts of the Jammu Development Authority in organising the cleanliness drive in collaboration with the bank. “Our collective efforts as responsible citizens can go a long way in achieving the objective of Swachh Bharat Mission,” he asserted.
Parvez announced key initiatives during the programme in collaboration with JDA. Both sides discussed the possibility of adoption of Transprt Nagar Narwal area for plantation drives under the bank’s CSR banner and construction of toilet block and dormitory facilities for transport workers and drivers in transit, the land for which will be provided by JDA, the handout read.
During interaction with Transport Nagar Welfare Association, J&K Bank chairman announced establishment of exclusive Transport Finance Branch in the area for hassle free finance to the transport operators and allied service providers in order to free them from the unorganised private financers exploiting the people through exorbitant rates, it read further.
“An MoU will soon be effected for exclusive financing of members of the transport association as a preferred customer of the bank. Alongside, an insurance facility will be in-built in the customised finance products offered to members of transport association. Home loan and education loan facilities for the members and their wards will also be explored by the Bank under the engagement,” read the handout.