Bank of Azad Jammu and Kashmir has provided loans worth more than 31 crore rupees to the customers under the special scheme “Gold Loan”.
A large number of needy people are benefiting from loans against gold with the lowest markup rate in the market, very easy terms, fastest processing, spokesman BAJK
Muzaffarabad ( Web News )
The Bank of Azad Jammu and Kashmir has increased the loan limit from Rs 5 lakh to Rs 10 lakh for the special loan scheme “Gold Loan”, while more than Rs 31 crore loans have been provided to the consumers of the state under the scheme. Mr. Khawar Saeed, President and Chief Executive Officer of the Bank, said in a review meeting that Bank of Azad Jammu and Kashmir is the only bank in the region that provides loans to customers against gold at the lowest markup rate and on very easy terms. The bank provides loans against gold to deserving customers under the slogan “Gold is safe, needs are fulfilled” with the fastest processing, which is benefiting a large number of needy people. This is the reason why the loan limit has been increased from Rs. 5 lakhs toRs.10 lakh so that more customers can benefit from it. He said that the bank is playing a unique role in the socio-economic development of the state. According to the bank spokesperson, customers have access to loan schemes like Advance Salary Loan, Housing Finance, Personal Loan, Car Financing, Motorcycle Loan, Home Appliances, SME, Micro, Commercial, Tourism Development and Healthcare etc. The soci0-economic development of the region is accelerating. Apart from this, BAJK is exceeding its targets with the support of the AJK Government, Board of Directors, especially the Chairman, the supervision and guidance of the President/CEO Mr. Khawar Saeed, the hard work and team work of the staff, and the support of the customers.