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Bank of AJ&K provides more than 311 million rupees loans to customers

MUZAFFARABAD (WEB DESK)

Bank of Azad Jammu and Kashmir has provided loans worth more than 311 million rupees to the state customers under the special loan scheme “Gold Loan”.  Today, in the released details regarding gold loan, it was said that any account holder of Bank of Azad Jammu and Kashmir can benefit from this scheme while this bank is the only financial institution in the region which is providing loan facilities to customers against gold at the lowest markup rate and very easy terms in the market. Under the slogan “Gold is also safe, needs are fulfilled”, the bank gives loans against gold to the deserving customers with the fastest processing from which a large number of needy people are benefiting. This is the reason the loan limit has been increased from Rs.5 lakh to Rs.10 lakh so that more and more customers can benefit from it. In the details, it was further said that the access of customers to loan schemes like advance salary loan, housing finance, personal loan, car financing, motorcycle loan, home appliances, SME, micro, commercial, tourism development and health care etc., is accelerating the social and economic development of the region. Besides, under the supervision and guidance of President/CEO Mr. Khawar Saeed, the bank is surpassing the business goals with the efforts and team work of the staff and support of the customers.
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