KATHUA: Financial Inclusion & Insurance Department, J&K Grameen Bank under the chairmanship of Janak Raj Angural and in collaboration with NABARD conducted financial literacy camps/programmes (FLCs/FLPs) at unbanked villages namely: Haripur Padal, Patti, Mawa in districts Kathua and Samba under branch offices Haripur More, Raya and Pangdour, respectively.
Om Dutt Attri, BDO Marheen who was chief guest on the occasion at village Haripur Padal, highlighted the various schemes like KCC card, Rupay Kisan Card, Crop Insurance, etc. that can be availed from Grameen Bank. He told them about technological advancements in today’s banking and the merits and demerits of using such services and precautions to be taken care of while utilising such facilities so as not to fall prey to any fraudulent person’s activity in the market. Further, he impressed upon making full utilisation of bank facilities for personal as well as community development, an official handout read.
BS Thyal, BH Haripur More told the gathering about the latest developments in PMJDY like the overdraft amount raised to rupees ten thousand and the age limit to open a PMJDY account increased to 65 years and that 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 August 2018, read the handout.
He further highlighted new technologies available in the bank such as use of POS machine, Rupay debit card, KCC Rupay debit card, Net banking, Mobile Banking services, IMPS, Aadhaar-based transactions and so on. He also gave a brief review of various loan schemes of the bank and its competitiveness with others. He said that the bank is targeting for opening 1 lakh new PMJDY accounts before the end of March 2019, it read.
Pankaj Bandral, BH Raya; Tejinder Singh, BH Pangdour at their respective programmes spread awareness about various lending schemes offered by the bank where rate of interest charged by the bank is very competitive and which are available on easy EMIs. They also informed the masses 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).
Rupay debit cards were also distributed to the customers during these events, it added.