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Punjab National Bank launches “PNB LADLI” scheme

Punjab National Bank launches “PNB LADLI” scheme

OS Logo Pink EnglishBhubaneswar, 22/8(Odisha Samachar/Abhisek Mohanty ) : Punjab National Bank, in addition to its’ contribution to the state economy through banking activities, is also poised to fulfill the commitment to the social requirement under corporate social responsibility.

As part of the corporate social responsibility (CSR) of the Bank, Punjab National Bank, Bhubaneswar Circle in association with PNB Prerna and PNB Farmers’ Welfare Trust (FTC) organized CSR programme at FTC, Karapally, Kuji Mahal village and Subarnapur village (adopted villages of the Bank) through launching of the scheme “PNB LADLI” in Odisha to promote and popularize education among girls of rural and semi-urban areas.PNB

On this occasion, Suman Dokania, President of PNB Prerna, Odisha Chapter, in presence of S K Dokania, Circle Head, PNB Bhubaneswar Circle has distributed scholarship of Rs 2500/- each in kind (consisting of books, stationery, wrist watch, school bag and school uniform to 30 poorest of poor girl students of these three villages. Under this scheme of “PNB LADLI”, these selected students will continue to get scholarship of Rs 2500/- (or, more if revised) every year till they complete their 10th standard.

Besides organizing different CSR activities for the socio economic development of the adopted villages such as Kujimahal and Subarnapur, PNB has been providing free Dinner everyday to the inhabitants of the Leprosy village Bapuji Kusthashrama since 2nd October 2012.

Further, S K Dokania, Circle Head, Bhubaneswar Circle inaugurated the “Credit Camp” at Chandka. During this, Dokania has handed over sanction letter to more than 100 agriculturists amounting around Rs 1 crore. During his address, S K Dokania, Circle Head has emphasized on the fact that timely repayment and at least one rotation during the year will facilitate the borrower to central subsidy and state government interest subvention leading to effective interest rate of around 3%, which would have been 14% otherwise. He has also mentioned that if the borrowers are not repaying the loan during the harvesting period and re-availing it at the time of next crop season, they may be deprived of future insurance claims. Mr. Dokania has also requested the farmers in their interest to develop the habit of regular savings through PNB Flexi Recurring Deposit scheme to meet the future exigencies.

With 159 branches and 168 ATMs spreading across the state, PNB is amongst the few banks with the distinction of having presence in all the 30 districts of the state. Being a leader in business, network and technology adoption, PNB will strive to extend best banking services to the unbanked areas of the state of Odisha.

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