Excelsior Correspondent
JAMMU, Aug 24: J&K Grameen Bank (JKGB) added another feather to its cap by launching Mobile Demonstration Vans with financial assistance of NABARD.
The Demonstration Vans were flagged off by Chief General Manager NABARD Ajay Kumar Sood in presence of Chairman JKGB Sudhir Gupta and DGM NABARD Rahul Shashni from Bank’s Head Office Jammu. General Manager JKGB Ajay Kohli and Chief of AI&V Vinay Gupta were also present on the occasion.
Speaking on the occasion, CGM NABARD said that NABARD shall financially assist the Bank in deployment of Demonstration Vans. He said that the NABARD Fund Assistance involves more thrust on backward districts that are constrained by various physical, economic and sociological characteristics, now termed as Special Focus Districts (SFDs).
Chairman JKGB informed that the Bank is able to deploy the Mobile Demonstration Vans owing to the financial assistance provided by NABARD under the Financial Inclusion Fund Assistance Scheme of NABARD. He said to achieve the goals of this strategy, the Bank has adopted a scientific process and identified three districts namely Jammu, Rajouri and Bandipora wherein the Mobile Demonstration Vans shall ply.
“The launch of Mobile Demonstration Vans shall definitely boost the morale of Bank’s rural customers as the Demonstration Vans shall ply through the interiors of the remote villages in the identified districts, thus providing digital banking services at the door-step of the customers,” he said, adding, the Mobile Demonstration Vans shall be equipped with Micro-ATM, LED Panel displaying therein the Digital Banking Products/Deposit-Advances Schemes of the Bank.
Sudhir Gupta said, “Micro ATM is meant to be a device that is used to deliver basic banking services. The Micro-ATM is capable of Card-based as well as Aadhaar-based transactions. The type of transactions include: Cash Deposit/Cash Withdrawal/Funds Transfer/Balance Inquiry/Mini-Statement. Besides, Micro-ATMs are also capable for opening of Accounts, thus providing an edge for enhancing the business of the Bank’.
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