‘J&K Bank on Wheels’, two mobile branches of J&K Bank that will provide banking services to residents of various remote and underserved parts of the UT, were officially dedicated to the public today in Ladakh. This is a first. In addition to J&K Bank MD & CEO Baldev Prakash, Deputy CEC (LAHDC, Leh) Tsering Angchuk, Executive Councillors (LAHDC, Leh) Tashi Namgyal Yakzee and Ghulam Mehdi, DC (Leh) Bala Sahib Susey, Bank’s Executive Director Sudhir Gupta, Directors on the Bank’s Board, and Zonal Head (Ladakh)

LG Dr (Brig) B D Mishra praised J&K Bank for its historical contributions to economic growth, particularly financial inclusion in the UT of Ladakh, and he thanked the bank for introducing a specific service for Ladakh residents. “I am incredibly thrilled today to have opened J&K Bank’s Mobile Banking Branches,” LG said in a statement following the ceremony. “This is a fresh and unique service for the people living in rural and unbanked places. There is no better way to guarantee that customers who are unable to visit branches due to distance or other obstacles may effortlessly access all types of banking services right at their doorsteps thanks to our mobile branches.

“I congratulate J&K Bank for the service and urge the people to avail all the banking facilities extended through these mobile branches”, he added.

On the occasion, MD & CEO Baldev Prakash expressed his gratitude to the LG Ladakh for dedicating the Bank’s Mobile Branches to people belonging to remote and unbanked areas besides other dignitaries for their valuable presence. He also thanked the Ladakh Administration for their continued support. He said, “UTLBC Ladakh had proposed deploying of mobile branches in view of limited network connectivity for various unbanked areas. These two Mobile Branches have been specially commissioned to cover those remote and unbanked areas of the UT and take care of all their banking needs.”

“In addition to 37 full-fledged branches, we have already established 35 Easy Banking Units (EBUs) and 54 ATMs throughout Ladakh, ensuring access to banking facilities even in extremely remote areas like Chumur which is the highest touch-point in Ladakh. And we remain committed to providing best banking and financial services to the people while extending our outreach to all parts of the region”, he added.

Relevantly, these mobile branches will offer all general banking services, including the opening of accounts (savings, current, and term deposits), cash receipt and withdrawal, check deposit, and clearing checks, as well as KYC updates, CKYC, SMS services, and the issuance of digital products like debit cards, mobile banking, eBanking, UPI, and QR codes. Aadhar Linking and Aadhar Enabled Payment System (AEPS) Services.

(This story has not been edited by Bharat Express staff and is auto-generated from a syndicated feed.)