Grameen Bank hands over PMJJBY & PMSBY claim to nominee

Excelsior Correspondent
JAMMU, Sept 16: Micro Finance & Financial Inclusion Department, J&K Grameen Bank under the chairmanship of R K Chhibber, is conducting a State wide campaign regarding social security schemes including PMSBY & PMJJBY wherein the people are insured at a nominal premium of Rs 12 & Rs 330 respectively.
Most of the beneficiaries belong to unorganized sector, including factory workers, hawkers and rural agricultural labour etc. After a span of more than one year, 100 percent claim settlement rate is maintained by the bank and the nominee of the insured person get a financial aid of Rs  2 lakh.
Recently, Sarpanch of the village Panglar, Baldev Singh handed over the lump sum amount regarding PMJJBY & PMSBY claim to the nominee of the insured person.
Speaking on the occasion  Parbodh Chander Sharma, Manager BO Triath, J&K Grameen Bank,  informed about benefits of social security schemes and advised the people to avail this benefit through nearest Grameen Bank Branch.