BARAMULLA: J&K Grameen Bank on Friday organised financial literacy programme (FLP) at village Kamalkote, District Baramulla under Branch Office Kamalkote, Uri.
The bank’s Financial Inclusion and Insurance Department under the chairmanship of Janak Raj Angural in collaboration with NABARD had organised the digital financial literacy awareness programme.
Regional Manager Baramulla, J&K Grameen Bank, G R Bhat, who was the chief guest on the occasion, highlighted that the programme intends to educate the people about the benefits of digital banking and cashless economy, an official handout read.
He said the bank thrusts on enabling an impactful mindset towards cashless economy. He enlightened people and students about 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, IMPS, Aadhaar-based transactions, etc. He emphasised on adoption of social security schemes launched by GoI. He also stressed upon the PMSBY & PMJJBY death claims process. He stressed upon the need of using various applications of the bank for getting cashless transactions and also highlighted the importance of cashless transactions “that shall not only save time of the customers, reduce their wait times in the bank but shall give boost to direct revenues of the government in the shape of tax collections utilised for development of villages”.
Manager, Regional Office Baramulla, J&K Grameen Bank, O K Lidhoo also educated the people about developments in banking sector and latest schemes. The participants were informed regarding various modes of getting cashless transactions from banks, various safeguards to be kept in mind in order to be aware and to prevent cases of cheating/corruption while availing different banking facilities with special reference to use of ATM cards, Mobile Banking, etc. “People were educated about the Aadhaar Seeding and Mobile seeding with their respective saving bank accounts which is need of the hour for the banking sector,” the handout read.
Representatives of line departments like KVIB, Animal Husbandry, Agriculture, Education and NRLM attended the programme. At least 200 women, besides sarpanch and panch and other villagers were also present.
Branch Head Kamalkote, Bashir Ahmed Trankroo emphasised on various facilities of the bank. He described the problems faced by the general public due to the lack of awareness of the availability of simple digital and cashless transaction methods. He impressed upon the public to learn and to use these cashless modes of payment. He impressed upon the participants not to use any middle man from availing any benefit from the bank and approach the bank branch directly. He also highlighted various lending schemes tailored by our bank for general public available on easy EMIs i.e., housing loan, transport loan, car loan, education loan, etc. where rate of interest charged by the bank is very competitive, the handout read further.
Rupay debit cards were also distributed to the customers. Pamphlets were also distributed showing the slashed interest rates on various loan schemes. Car, Transport, SHG, GCC loans of Rs 30 lakh were also disbursed during the programme. He also stressed upon the social security schemes including APY, PMJJBY and PMSBY, it added.