Loan Mela cum Financial Literacy Campaign launched

TAWANG, Oct 24 : In a bid to create awareness about the various loan facilities being extended by banks and government sponsored schemes, a ‘Loan Mela cum Financial Literacy Campaign’ was organised on Tuesday at Zomkhang Hall jointly by the District Administration and banks of Tawang district.
Branch Managers of SBI, HDFC, ICICI, Canara and Central Bank of India, Tawang branch came forward and dwealt at length on the loan facilities, including application process/documentation, digitisation, Aadhar seeding, social security schemes and other important banking aspects.
Speaking during the occasion, Tawang MLA Tsering Tashi said that objective of such campaigns can be fulfilled only when awareness reaches the targeted group, and advised that similar programmes should also be conducted at grassroots level. The MLA also exhorted the unemployed youths, farmers and weavers to avail the opportunity being extended by the government.
Further, he asked the bankers to explore possibility of setting up ATMs at far-flung areas with high density of population.
Terming lack of awareness and hesitation on part of public towards availing loan as major factor for low turnout of applicants in respect of various government sponsored schemes, Tawang DC Sang Phuntsok directed the government officers and bankers to work in tandem for effective implementation of schemes and requested everyone to cooperate in dissemination of information.
Taking into account the low CD ratio, he said that customer service is of prime importance and banks should work towards achieving that.
Tawang ZPC Jambey Tsering and General Manager, RD Motors, Tezpur Assam Shabnam Ara Begum also spoke on the occasion. (DIPRO)