KATHUA: Financial Inclusion & Insurance Department (FIID), J&K Grameen is conducting a state-wide campaign regarding social security schemes including PMSBY & PMJJBY wherein people are insured at a nominal premium of Rs 12 and Rs 330, respectively.
Most of the beneficiaries belong to unorganised sector including factory workers, hawkers and rural agricultural labourers, etc. After a span of more than one year, 100 percent claim settlement rate is maintained by the bank and the nominee of the insured person gets a financial aid of Rs 2 lakh.
In J&K Grameen Bank recently organised a programme and handed over the lump sum amount of Rs 2 lakh regarding PMJJBY claim to the nominee of an insurer, Bansi Lal by Sarpanchs and Panches of the area. They appreciated the efforts of the bank towards social security schemes and applauded that the bank was making extraordinary efforts to make the programme of social security schemes a ‘big success’.
Regional Manager Kathua & Samba R P Sharma was also present on the occasion.
Senior Manager, FIID Department, Vipan Gupta informed about the benefits of social security schemes namely Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY). The thrust was also given on various IT products like RuPay cards, SMS alerts, NEFT/RTGS and Immediate Payment services (IMPS), an official handout read.
He informed that bank has crossed 1 lakh enrollments under social security schemes which is the highest in the state. A number of new schemes are introduced by the bank for financing under agriculture/horticulture and setting up of Industries in J&K state. The bank has already financed various industrial units in SIDCO Complex, Samba, the handout read.