JK Bank inaugurates new branch premises at Amritsar
JK Bank inaugurates new branch premises at Amritsar
jkupdate.com | 31-Dec-2018 07:39 AM
J&K Bank chairman and CEO Parvez Ahmed on Sunday inaugurated the new state of the art premises of Business Unit Amritsar.
AMRITSAR : J&K Bank chairman and CEO Parvez Ahmed on Sunday launched the JK Bank Mandi Finance Scheme for traders of agriculture produce across the country at Amritsar in presence of Executive Presidents P.K. Tickoo and R.K. Chhiber, Presidents Rakesh Gandotra and Arun Gandotra, Zonal Head Anokh Singh, prominent businessmen of Amritsar, members of trade fraternity of Punjab, a large number of customers and staff of the bank.
According to a bank spokesperson, all the rest of India Zonal heads and staff of the bank joined the launch through video conference and participated in the event. Earlier in the day, the Chairman inaugurated the new state of the art premises of Business Unit Amritsar.
Speaking during the scheme launch, the chairman said, “Punjab is the agriculture capital of the country and has been the front-runner in the green revolution in the country leading to food sufficiency for the nation and we thought that it is both relevant and appropriate to launch the J&K Bank Mandi Finance Scheme for traders of agriculture produce scheme from Amritsar in Punjab.”
“Amritsar besides being a pious and spiritual centre is a major trading partner of J&K State and was the first city chosen by our bank to open JK Bank’s first Branch in Punjab in the year 1973. The bond of banking relationship with Punjab has since been strengthened with enthusiastic reciprocation from the business community of Punjab. Taking this relation to next level, today we are making history again by launching our unique customized Mortgage loan scheme for Traders of Agricultural Produce-Mandi Finance Scheme, to provide hassle free working capital finance to registered members/merchants/traders dealing with trade of fruits/vegetables/cereals & other agricultural produce. The scheme, already popular in J&K, will now be operational across all branches of the bank in rest of India and all merchants who are customers of the Bank and are members of the recognized Association of concerned Mandi/ Registered Commission- Forwarding Agents can avail this facility at one of the lowest rate of interests in the Banking industry,” the chairman said.
Executive President PK Tickoo in his address delineated the bank’s products and policies which he said are continuously being aligned to the market dynamics to customize them for the convenience of the customers.
R K Chhiber Executive President shared his experiences of working in Punjab where he said the bank was having one of the most loyal customer base since decades of its operations. Anokh Singh Zonal head Punjab delivered the welcome address besides presenting a brief resume of the bank’s operations in the state of Punjab.
“Customers from the audience at Amritsar, Delhi, Mumbai, Ahmedabad, and Bangluru had live discussions and interactions with the management of Bank which covered all areas including Branch expansion, product designing and customer satisfaction apart from discussions on the newly launched Mandi Finance scheme. The Chairman acceded to the request for opening new business units in the vicinity of Mandis at Ahmedabad and Bengaluru,” bank spokesperson in a statement.
Earlier while inaugurating the new Business premises at Shastri Market Amritsar, Chairman and CEO Parvez Ahmed directed the team to offer par excellence customer service to the people and engage all digital products and offerings to provide an enhanced customer experience. He also urged upon the Zonal Team to explore the potential for innovative services such as customized pilgrim products on the lines of JK Bank services to pilgrims visiting Mata Vaishno Devi, Katra. He further said that Punjab is the major destination for people of Jammu and Kashmir State along with a large number of patients travelling for specialized orthopedic and ophthalmic treatments to Amritsar and thus numerous opportunities are available to facilitate the cash management needs of the travelers by new product offerings. The Chairman added that Bank is also planning to increase its presence in Punjab via ATM and Branch network expansion.
The Chairman elaborated the social and economic relations between the states of Punjab, Haryana, and HP with J&K. He urged upon them to avail of the state of the art personalized services of the bank which are backed by latest technology and eighty years of operational experience. He also exhorted the customers of the Bank to act as a brand ambassador for promoting the products and services of the bank.
Later in the evening Chairman & CEO JK Bank hosted a dinner to the business fraternity of Amritsar which included Head and members Grain Mandi Amritsar, cloth market association Amritsar,prominent citizens including office bearers of Khalse deewan. They interacted with the Chairman & management team of the bank and exchanged views on the challenges faced by the businesses, society, and Banks.
Tags: J&K Bank chairman and CEO Parvez Ahmed launched JK Bank Mandi Finance Scheme traders of agriculture produc Business Unit Amritsar JKupdate India News JKupdate National News JKupdate Business News
1 of 40
Kishtwar police recovered the abducted minor girl and arrested accused..
2 of 40
Exemplary act of honesty exhibited by Raj Singh
3 of 40
Kishtwar police team recovered missing children’s within 24 hrs of reg..
4 of 40
Advisor Ganai emphasises on creation of ample and gainful employment o..
5 of 40
Delegation of Sarpanchs from Ramban district meets Governor
6 of 40
Joint delegation of industry federations meets Governor
7 of 40
Governor attends annual day of Swami Vivekananda Medical Mission Chari..
8 of 40
Governor greets people on Lohri, Makar Sankranti
9 of 40
Top Al-Badr militant Zeenat-ul-Islam among 2 militants killed, interne..
10 of 40
Kulgam Encounter: Two militants killed, operation on
11 of 40
If elected to power Truth and Reconciliation commission in Kashmir : F..
12 of 40
DGP rewards J&K Central Police Water Sports team
13 of 40
3 residental house, 7 shops gutted in fire incident
14 of 40
Jammu Sanskriti School, Jammu harmonizes Winter Camp
15 of 40
Grenade lobbed at 132 bn of CRPF Lal Chowk
16 of 40
Fake Currency seized in Rajouri, three arrested
17 of 40
JCO, army man injured in IED blast along LoC in Rajouri
18 of 40
Transformer lying defunct in Lanjoite and Balakote village's
19 of 40
Chief Secretary chairs 30th SLCC on working of NBFCs, UIBs
20 of 40
Advisor Kumar unveils first wall calendar of Sericulture Dept
21 of 40
J&K Governor’s Administration opts to enhance threshold, composition l..
22 of 40
PHQ issues selection list of 142 constables in J&K Police after operat..
23 of 40
Ghulam Nabi Azad visits Bhadarwah
24 of 40
DGP JK chairs meeting to finalise the arrangement for the 26th January
25 of 40
Two border guards wounded in cross-LoC fire in Rajouri
26 of 40
Bank guard fires gunshots after noticing suspicious movement in Tral
27 of 40
Kashmir PHE employees protest, seek regularisation, release of pending..
28 of 40
Pakistan troops shell LoC areas in Poonch, ceasefire violated for thir..
29 of 40
Advisor Sharma inspects development projects at Katra
30 of 40
DEO Doda reviews finalization of PwDs voter list;Election staff impart..
31 of 40
Regional Workshop on ‘Youth and democracy’ held at Poonch
32 of 40
Languishing, dev projects: 11 bridges, 28 roads, 4 WSSs nearing comple..
33 of 40
Directorate of FCS&CA shifted to Nehru Market
34 of 40
Efforts afoot to make cooperatives profit earning, employment generati..
35 of 40
“Bharat Darshan” tour a part of our social service: CRPF
36 of 40
Screening Committee reconstituted for promotion of IPS Officers
37 of 40
Advisor Sharma for early completion of Jammu, Srinagar Sewerage Projec..
38 of 40
Drug peddler arrested with 6 Kg Poppy Straw
39 of 40
Advisor Ganai, Chief Secretary review winter preparedness in Kashmir
40 of 40
200 grams of Charas recovered,drug peddler arrested by Ramban police