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| JKGB distributes PMJJBY, PMSBY claims | | |  Early Times Report
Samba, Oct 29: Financial Inclusion-Insurance Department and Financial Literacy Center, J&K Grameen Bank under the chairmanship of Janak Raj Angural organized Going Digital - Financial Literacy Camp at village Ramgarh under the Branch Office Ramgarh respectively. The programme was intended to widespread the knowledge regarding the various financial products and the recent technological innovations in banking sector. Pawan Kumar, Ward Member Ward No.5, Ramgarh was the chief guest and 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).He also appreciated the efforts of HOD FIID & Incharge FLC Vipan Gupta for his tremendous efforts in wide spreading the national social security schemes .He 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 is also increased to 65 years and 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. Hundred percent claim settlement rate is already maintained by the bank and the nominee of the insured person get a financial aid of Rs. 2 lakh. |
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