ISLAMABAD (WEB DESK)
Bank of Azad Jammu and Kashmir provides loans at the lowest markup in the market under a special package for permanent employees of government, semi-government and autonomous institutions of the state on the occasion of holy Ramadan. Today, Mr. Khawar Saeed, President /Chief Executive Officer of the bank, while presiding over the business review meeting, said that under the “Advance Salary Scheme” the bank has provided loans of more than 2 billion 69 crore rupees to 5 thousand 189 employees of government and autonomous institutions of AJK till February 2023. Employees can get a loan of up to Rs 20 lakh for a period of one to four years for their children’s education, marriage, household, personal and medical needs. He said that the bank is playing a significant role in the socio-economic development of the state while providing loans to customers on the lowest markup rate, fastest processing, and very easy terms in the market under the advance salary scheme in Ramadan. Employees can contact any nearest branch of the bank for assistance to benefit from this scheme. It is worth mentioning here that the bank is offering services under 18 attractive loan schemes at the lowest mark-up rate in the market, very easy terms, and 6 profitable and saving deposit and accounts. The economic growth of AJK is accelerated by easy access of customers to credit schemes and prompt payment. It was said in the meeting that the bank is achieving its goals with the supervision and leadership of President/CEO Khawar Saeed, hard work of staff, team work, cooperation of customers.