JKB organizes series of credit counseling camps in Valley

Excelsior Correspondent
SRINAGAR, Mar 7: J&K Bank organized a series of literacy and credit counseling camps in Budgam and Baramulla districts of Kashmir valley.
The bank’s FLCC Budgam center conducted awareness camp for village artisans at RSETI Budgam where-in the local entrepreneurs engaged with handicrafts like sozni-work, carpet-making, zari-work, crewel and shawl embroidery were getting training under a programme sponsored by Handicrafts Department.
All the entrepreneurs had applied for financial assistance from the respective banks for establishing their units. As such they were educated about the procedures and formalities for getting hassle free credits within minimum period of time.
Speaking at another camp, organized by DIC Budgam, Facilitator FLCC Budgam informed the participants about the financial aspects of these schemes and educated them about the various procedures and formalities which the entrepreneur has to undergo to get hassle free financial assistance from the Banks.
DDC, who was the chief guest at the camp, urged the participants to create employment opportunities by opting for such type of schemes which are supplemented with various incentives from the sponsoring agencies and contribute towards the overall development of the District.
Besides, the center conducted awareness camps at ITI Wadipora and Khaag.
The credit counseling camp at ITI Wadipora, organized in collaboration with NABARD Budgam, was attended by trainees in various streams of technical fields like computer hardware, computer software, mobile repairing and agro and food processing works.
Facilitator FLCC spoke about money management, savings, borrowings and basic banking products in order to help the potential entrepreneurs in setting up their own Self Employment Ventures.
FLCC Budgam also organized an awareness camp at Khaag while the bank’s FLCC Center Baramulla organized a financial literacy camp in collaboration with NABARD and bank’s Salamabad BU.