During last fortnight, Jammu and Kashmir bank organized financial literacy camps across valley to develop financial awareness at grass root level in rural areas.
Fin lit camp in Budgam
The Bank’s FLCC centre Budgam conducted a financial literacy camp at village Arizal.
The participants which represented various sections of society were informed about different financial products and credit schemes available with financial institutions.
Addressing the gathering, Lead District Manager Budgam Mohammad Yaqoob emphasized urged participants to avail the credit facility from the Banks sponsored by various government agencies.
Speaking on the occasion Facilitator FLCC Budgam A H Rafiqi briefed the audience about various financial Products, their benefits coupled with other facilities available at the Bank meant for improvement of their living conditions.
The audience was also educated about other schemes like opening of No-frill account, SB-Ujala and DRI scheme specially designed for the under privileged sections of the society
Awareness camps in Kupwara
The Bank’s Cluster Office Kupwara organized awareness camps at Zirhama (Harai) & Chowkibal, which were attended by large gatherings of people from the respective areas.
Cluster head North, Fayaz Ahmad Sidiqui inaugurated the camp.
Speaking at the camp, he said that the bank was committed to financially empower every section of the society irrespective of their status and location. He educated the gathering about different credit and deposit schemes of the bank.
Fin lit camp in Baramulla
The Bank’s FLCC centre Baramulla held a financial literacy camp at Government High School Dhobiwan in Block Kunzer.
People from villages, Tarahama, Goigam, Waripora and Dhobiwan attended the Camp.
Explaining the purpose of FLCC centers at district level, the facilitator FLCC Baramulla said that it was was to make people aware and informed about the basic financial products available to them for progress and development.
He also spoke about the rights of customers under fair lending practices code and responsibilities of customers by way of proper end-use of funds and timely repayment of bank loans to enable the recycling of funds for the development and prosperity of everyone.
Zonal Coordinator Kashmir (North) informed the audience about the Kissan Credit Card scheme in detail. He deliberated upon all the aspects of the scheme from eligibility, project cost, security, interest subvention and renewal.
He also threw light on Apple scheme, education loan scheme, loans to artisans and deliberated upon the savings schemes of J&K Bank, importance of savings and budgeting. Mehandi deposit scheme and childcare deposit schemes were also discussed.
FLCC Camp in Pulwama
The Bank’s FLCC centre Pulwama organised an awareness camp at Batagund, Tral in Pulwama.
Facilitator FLCC Pulwama discussed the benefits of keeping savings with the banks and impressed upon the participants that in view of government’s Direct Cash transfer (DCT) initiative, every family in rural area should have at least one savings account with a bank for hassle free transfer of money.
Lead District Manager, G R Bhat informed the participants that the banks have started the smart card distribution to extend banking facilities to rural customers at their door places.
during the function, around 100 smart cards of J&K bank were distributed amongst the deserving beneficiaries of the area.
Awareness camp in Islamabad
Financial awareness camp was organized at community Hall Islamabad by the bank’s FLCC centre.
Facilitator FLCC G R Kumar gave a detailed overview of the bank’s financial products and urged youth to avail the benefits of different schemes designed to provide them with employment opportunities.
He advised the gathering for opening the accounts in the bank and make saving a habit for a better future. He explained the bank’s education finance scheme in detail to the students present on the occasion.