J&K Grameen Bank conducting ‘Loan Settlement Campaign Week’

Excelsior Correspondent
JAMMU, June 27: J&K Grameen Bank is conducting “Mega Loan Settlement Campaign Week” from June 25 to June 30 through the bank across the State.
Under the said initiative, the bank is offering a golden opportunity to all its clients to settle the long pending NPA accounts under One Time Settlement Scheme with attractive offers. The main motto is to make its valuable clients debt free.
The bank is conducting this campaign in thirteen districts of the State, including Jammu, Samba, Kathua, Rajouri, Poonch, Kishtwar, Baramulla, Kupwara, Bandipora, Leh, Kargil, Ganderbal and Srinagar.
The management has appealed to the bank’s clients to avail this opportunity so that their long pending NPA accounts can be settled. The OTS settlement will have dual benefits as it will make the customer debt free thus leading to enhancing their purchasing capacity and on the other hand, it will strengthen bank’s financial position and increased lending capacity due to which bank may offer its loan products at cheaper rates in future.
General Manager  Romesh Vaid has appreciated the efforts of all the Regional Managers including Jammu as well as  Kashmir as they are doing extensive work in this ongoing campaign by wide spreading the awareness regarding the week so that NPA recovery can be maximised leading to revival of loan clientele of the bank.