SAMBA: To widespread the knowledge regarding various financial products and recent technological innovations in banking sector, Financial Inclusion-Insurance Department (FIID) and Financial Literacy Center, J&K Grameen Bank (JKGB) on Monday organised ‘Going Digital – Financial Literacy Camp’ at village Ramgarh under the Branch Office, Ramgarh.
Highlighting 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), Ward Member, Ward No. 5, Ramgarh, Pawan Kumar talked about latest developments in PMJDY like the overdraft amount raised to rupees ten thousand, age limit to open a PMJDY account increased to 65 years, no condition for Overdraft up to rupees two thousand plus, the accidental insurance cover for new Rupay card holders raised from Rs 1 lakh to Rs 2 lakh for the new PMJDY accounts opened after 28.08.2018, an official handout read.
Kumar further informed that the bank has already maintained 100 percent claim settlement rate and the nominee of the insured person get a financial aid of Rs. 2 lakh, the handout read.
Incharge Branch Office Ramgarh, Priya Dogra, 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. She also handed over PMJJBY & PMSBY claims amounting to Rs 6 lakh to nominees namely Om Dutt, Mamta Devi and Mittarpal Singh during the event.
Priya Dogra further highlighted the new technologies available in the bank such as multiple use of bank cheques, use of POS machine, RuPay Debit card, KCC RuPay Debit Card, Net Banking, Mobile Banking Services, Aadhaar based transactions, etc. She further stressed on various IT products like RuPay cards, SMS Alerts, NEFT/RTGS and Immediate Payment services (IMPS), it added.