Grameen Bank hands over PMJJBY & PMSBY claim amounting Rs.4 Lac during the Financial Literacy Camps

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Shadow Correspondent
Jammu, Oct 24:
Financial Inclusion-Insurance Department and Financial Literacy Center, J&K Grameen Bank under the chairmanship of Janak Raj Angural organized Going Digital – financial literacy camps at village Siot & Channi Prat under the Branch Office Siot & Channi Prat respectively. The programmes were intended to widespread the knowledge regarding the various financial products and the recent technological innovations in banking sector.
Des Raj DDM, NABARD 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.
Sunil Choudhary, Regional Manager, JKGB Rajouri spoke at length about the ongoing J&K Grameen Bank Festival Bonanza – 2018 with a special offer of rebate in rate of interest and no processing charges on car, consumer durable goods & two wheeler loans. He also handed over PMJJBY & PMSBY claim amounting Rs. 4 lac to the nominee namely Shaheen Akhter during the event. He further enlightened the participants about the 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, Adhaar based transactions etc. The thrust was also given on various IT products like RuPay cards, SMS Alerts, NEFT/ RTGS and Immediate Payment services (IMPS).
Sarpanchs & Panchs of the area also graced the occasion with their presence and appreciated the efforts of the bank towards financial inclusion.
More than hundred persons were present during the camp.
Vikram Singh, Branch Head Siot & Prem Chand, Branch Head Channi Pratpropagatedthe benefits of national schemes and appealed the locals to reap their benefits through J&K Grameen Bankand presented the vote of thanks.

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