Excelsior Correspondent
SRINAGAR, Jan 2: Scaling up its Gold Loan Scheme, J&K Bank extended its gold loan facility to four of its business units i.e. Rehari and Shalamar Road in Jammu and Barzulla besides S R Gunj in Kashmir.
The bank’s President Arun Gandotra snapped the formal ribbons at the business units in Jammu in presence of Zonal Head Jammu Central – I, Sunit Kumar and Cluster Heads while as in Srinagar he did the honours in presence of Zonal Head Kashmir Central – I Syed Rais Maqbool , Cluster Heads and others.
Speaking on the occasions, Arun Gandotra said, “Our Gold Loan Scheme allows for loans ranging from Rs 10000 to Rs 15 lakhs against gold ornaments and jewelry thereby ensuring that you use your gold to meet your varied requirements without losing it.”
“Although the bank launched this product almost a year ago but the facility was restricted to some designated business units. And keeping in view the response we got, we are extending this important facility to business units like these”, he added
Notably, JK Bank Loan against Gold ornaments and jewellery is the product designed with the best of features suited to the needs and tastes of varied sections of society having a low rate of interest, annual rollover facility and maximum quantum of finance available in the industry.
Meanwhile, deepening its footprints further through alternate delivery channels, J&K Bank commissioned four more ATMs in district Anantnag.
DDC Anantnag, Khalid Jehangir inaugurated the ATM at Ranipora in presence the bank’s Zonal Head Kashmir (South II) Mohammad Ayub Wanchoo amid a gathering of valuable customers and officers of the bank besides dedicating the ATMs at Aishmuqam, Salia and Cheki Wangund areas of Anantnag to the general public through e-inauguration mode.
Speaking after the inauguration, DDC Khalid Jehangir hailed the efforts of the bank in taking lead for creating a robust IT-based banking infrastructure even in far flung areas for the convenience of people.
Urging the people of the area to take full advantage of these facilities which were also demanded by them during the Government’s Back to Village programme, the DDC advised the bank’s staff to ensure round the clock functionality of the ATMs.
With the inaugurations, the total number of ATMs in the zone has gone up to 118 with overall number of installed ATMs going up to 1351 across the country.
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