JK Bank Introduces Financial Inclusion Scheme - watsupptoday.com
JK Bank Introduces Financial Inclusion Scheme
Posted 11 Feb 2020 04:38 PM

Image Source: Watsupptoday

JK Bank conducted a Special Financial Inclusion Outreach Programme today in Jammu. It was launched by Hon'ble Lt Governor Sh GC Murmu and was organized in Convention Hall, Canal Road Jammu.

The bank will provide the facilities of a zero balance account with 2 lakh Insurance and 10K overdraft facility.

People can enroll for PMJJBY and get life insurance cover up to Rs.2 lac with a nominal premium of Rs.330 per annum.

Account-holders can avail collateral-free loans up to Rs.10 lac for setting up micro/small enterprises with a maximum repayment period of 7 years under PM Mudra Yojana.

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