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J&K Bank organises ‘Loan Mela' for solar home lighting system at Arizal <i> Over Rs.60 lakh disbursed among 156 beneficiaries</i>
29th March 2012 Srinagar
J&K Bank organises ‘Loan Mela' for solar home lighting system at Arizal <i> Over Rs.60 lakh disbursed among 156 beneficiaries</i>
J&K Bank organised a ‘Loan Mela' in Arizal area of district Budgam, wherein solar lighting and photo-voltaic systems were distributed among the beneficiaries.
Cluster Head Budgam Mohammad Ayoub Wanchoo distributed the lighting systems under JK Bank Solar Lighting & Photo Voltaic Finance among the beneficiaries, especially those belonging to un-electrified areas like Kharian and Ringzabal.
The function was conducted by the Bank's business unit at Arizal.
The business unit extended home lighting system to 156 beneficiaries under JNNSM with a total loan outlay of over Rs 60 Lacs attracting a subsidy of 40% from Ministry of Natural Renewable Energy (MNRE).
Those present on the occasion appreciated the efforts of the Bank in facilitating the products tailored according to their needs.
Meanwhile, the Bank's Marketing Division, Kashmir Central took part in the 3-day ‘Employment Fair' organised by the Directorate of Employment and Counseling Centre Srinagar at Government Degree College, Bemina in which banks, government and non-government institutions participated.
A team from the marketing division managed a stall at the fair to display bank's products, services and success stories.
The fair attracted a good number of people including men, women and youth who intended to setup their own source of employment. The objective of this camp was to educate and boost the youth and budding entrepreneurs of Kashmir to focus on self employment avenues here in the valley rather than looking for government and private jobs.
The Bank's stall became the focus of visitors where the visitors were counseled regarding the various self employment generation schemes provided by the government and the role that Bank plays in reaching out to the aspiring youth with entrepreneurial zeal.
They were also educated about the deposit and the loan schemes of the bank that can be availed by them for their career and financial success.