Excelsior Correspondent
KISHTWAR, Sept 11: J&K Grameen Bank handed over PMJJBY & PMSBY claim to nominee in Dhool, Kishtwar.
Branch Manager Dhool Kishtwar, Babeet Kumar settled the PMJJBY & PMSBY case and handed over the lump sum amount to the nominee of the insured person.
Micro Finance & Financial Inclusion Department of J&K Grameen Bank, under the chairmanship of R K Chhibber, has organized a State wide campaign regarding social security schemes including PMSBY & PMJJBY wherein the people are insured at a nominal premium of Rs 12 and Rs 330 respectively.
Most of the beneficiaries belong to unorganized sector, including factory workers, hawkers and rural agricultural labour etc. After a span of more than one year, 100 percent claim settlement rate is maintained by the bank and the nominee of the insured person gets a financial aid of Rs 2 lakh. The awareness regarding the pension scheme APY and Fasal Bima Yojana was also given.
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