J&K Grameen Bank hands over claim of Rs 4 lakh during FLCs in Rajouri

J&K Grameen Bank hands over claim of Rs 4 lakh during FLCs in Rajouri
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RAJOURI: To widespread the knowledge regarding various financial products and the recent technological innovations in banking sector, Financial Inclusion, Insurance Department (FIID) and Financial Literacy Center, J&K Grameen Bank on Wednesday organised ‘Going Digital’ – financial literacy camps (FLCs) at village Siot and Channi Prat under the Branch Office Siot and Channi Prat, respectively.
DDM, NABARD, Des Raj highlighted 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), an official handout read.
He underlined the latest developments in PMJDY like the overdraft amount has been raised to rupees ten thousand and the age limit to open a PMJDY account increased to 65 years. There will be no condition for overdraft up to rupees two thousand plus the accidental insurance cover for new RuPay card holders has been raised from Rs 1 lakh to Rs 2 lakh for the new PMJDY accounts opened after 28.08.2018, read the hadout.
Regional Manager, JKGB Rajouri, Sunil Choudhary spoke at length about the ongoing J&K Grameen Bank Festival Bonanza – 2018 with a special offer of rebate in rate of interest and no processing charges on car, consumer durable goods and two wheeler loans. He also handed over PMJJBY & PMSBY claim amounting Rs 4 lakh to the nominee namely, Shaheen Akhter during the event.
He further deliberated on new technologies available in the bank such as multiple uses of bank cheques, use of POS machine, RuPay debit card, KCC RuPay debit card, Net Banking, Mobile Banking services, Adhaar based transactions, etc. The thrust was also given on various IT products like RuPay cards, SMS Alerts, NEFT/ RTGS and Immediate Payment services (IMPS), the handout added.