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news details
FinMin hands over Mobile Van to J&K Grameen bank
Dr Raja Muzaffar Bhat3/16/2018 11:16:31 PM
Early Times Report
Jammu, Mar 16: Finance Minister Syed Mohammad Altaf Bukhari handed over the Tata Xenon car to J&K Grameen bank for Demonstration of banking technology through Mobile Van-support under "Financial Inclusion Fund". The main purpose of the mobile van is to spread financial literacy awareness among rural people and to sensitize and enable merchants and customers to use digital payment system.
Speaking on the occasion appreciated the efforts of the bank towards awareness made to people especially at village level and aware the people regarding the benefit of the various schemes of J&K Grameen Bank like SHG, JLG, Handicraft Loans Etc. He also applauded that the bank is making extraordinary efforts to make the social security schemes a big success.
Chief General Manager, NABARD Vijay Kumar, Vice president J&K Bank Rakesh Gandotra and other dignitaries appreciated the efforts made by the bank in conducting 174 GOING DIGITAL D-FLAP Programmes in just 30 days throughout the State. They appreciated the efforts of the bank towards social security schemes and applauded that the bank is making extra ordinary efforts to make the national programme of social security scheme a big success and also appreciated the bank for 100 percent claim settlement rate maintain by the bank under PMSBY and PMJJBY schemes.
RK Chhibber, Chairman J&K Grameen Bank, also spoke on the occasion and informed that J&K Grameen Bank has 217 branches in J&K State. He spoke about the various loan facilities provided by the bank. He added that the interest rates on loans & advances in JKGB are lowest amongst other banks. He also added that our bank is capable of doing macro loans and has second largest coverage in J&K which covers all the remote areas of the state.
A number of new schemes are introduced by the bank for financing under Agriculture/ Horticulture and setting up of Industries in J&K State. Bank has already financed various industrial units in SIDCO Complex, Samba.
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