Excelsior Correspondent
SAMBA, Oct 29: Financial Inclusion-Insurance Department and Financial Literacy Center of J&K Grameen Bank under the chairmanship of Janak Raj Angural today organized financial literacy camp ‘Going Digital’ at village Ramgarh.
The programme was intended to widespread the knowledge regarding the various financial products and the recent technological innovations in banking sector.
The chief guest Pawan Kumar, Ward Member Ward number-5, Ramgarh informed the gathering about the benefits of social security schemes like Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY).
He told the gathering about the latest developments in PMJDY like the overdraft amount raised to Rs 10 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 Rs 2000 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 August 28 this year.
A handout stated that 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.
Priya Dogra, Incharge Branch Office Ramgarh 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 and two wheeler loans.
She 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.
Sarpanchs & Panchs of the area also graced the occasion.
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