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Financial Literacy Camp empowers students at GDC Billawar
9/7/2023 10:25:08 PM
Early Times Report
BILLAWAR, Sept 7: GDC Billawar took a significant step towards enhancing financial awareness among students by hosting a Financial Literacy Camp in partnership with J&K Bank Billawar. The event, held on September 6, 2023, aimed to educate students about the diverse banking services and digital offerings provided by the bank.
The camp featured Sh. Rajinder Kumar, Manager of J&K Bank Billawar, and Ashutosh Sharma, Digi Mitra from the same institution, as keynote speakers. They provided valuable insights into social security schemes, including the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY). Additionally, they elucidated the claims process for these schemes. Kumar and Sharma also emphasized the importance of linking Aadhaar and mobile numbers with savings accounts.
J&K Bank's team disseminated information about a variety of loan products offered by the bank, such as the Kisan Credit Card, tractor loan, Pradhan Mantri Mudra Yojna, car loan, and education loan. They highlighted the competitive interest rates and convenient facilities, such as Easy Monthly Instalments, available to students.
The speakers shed light on the government's push towards a cashless economy and introduced students to the latest banking technologies, including Debit cards, Credit Cards, Net Banking, Mobile Banking Services, IMPS, and BHIM UPI. They also raised awareness about fraud prevention in digital banking to ensure secure online transactions.
The event was conducted under the esteemed guidance of Dr. Alka Sharma, the Principal of GDC Billawar. Dr. Pinkey, the Head of the Commerce department, served as the organizing secretary. Several dedicated staff members, including Dr. Kulbir, Prof. Anil, Prof. Sunita, Prof. Kiran, Prof. Shakeeb, and Prof. Mushtaq, were also present, making the Financial Literacy Camp a resounding success.
This initiative not only equips students with financial knowledge but also underscores the importance of financial literacy in today's dynamic world. It empowers the youth to make informed financial decisions and contributes to the broader goal of financial inclusion and economic development.
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