Excelsior Correspondent
SRINAGAR, July 11: J&K Bank conducted various financial literacy camps in Udhampur, Barmulla and Kupwara districts.
In Udhampur, the bank organized awareness camps at Latti and Dudu Basantgarh.
Speaking on the occasion, Cluster Head, Udhampur, Iqbal Singh highlighted the initiative of the Bank in its outreaching efforts to provide banking facilities in unbanked areas. He also apprised those present about the salient features of the recently launched Pradhan Mantri Jan Dhan Yojna Scheme and Social Security Schemes like JJY, SBY and Atal Pension Yojna.
He also spoke about the various services and products of the bank. He also assured the gathering that bank will always cater to their financial needs and redress of their grievances, if any.
The bank’s Financial Literacy and Credit Counseling center Baramulla organized financial literacy camp at Government Higher Secondary Institute at Chandoosa in Block Wagoora in collaboration with the local business unit.
Facilitator FLCC, Mohammad Sultan Dar, informed the audience about financial planning, savings, advantages of savings with banks, concept of Business Correspondents, khidmat centres, difference between formal and informal source of borrowings and different type of borrowings.
Head, BU Chandoosa, Abdul Hamid also threw light on various saving and loan products of the Bank.
Similar camps were conducted in Villages Dukalbal, Wadura Bala, Gosh Bugh and Kreeri Pattan besides RSETI Sopore.
In Kupwara, the bank’s FLCC organized three financial literacy camps at Surkuli, Nagsari, and Dai Magam in collaboration with Lead Bank Office besides participating in an awareness camp organized by J&K Grameen Bank Kupwara at Brameree.
The camps were attended by a cross section of people particularly persons related to agriculture, trade, fruit business, trainees of a local skill development center and other service sectors and senior citizens of the area.
Facilitator FLCC spoke at length about opening of savings and other deposit accounts with the banks and educated the audience about the advantages of savings.
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