CGPWA organizes interaction programme with SBI officials

Excelsior Correspondent
JAMMU, Nov 26: At a first ever interaction for the pensioners and senior citizens with State Bank of India officers organized by the Central Govt. Pensioners Welfare Association (CGPWA) was held here today.
The event was jointly organized by CGPWA in collaboration with the Indian Institute of Public Administration, J&K Regional Branch (IIPA JK RB).
The function was presided over by the president, CGPWA Kuldeep Khoda, patron of IIPA J&K RB Dr Ashok Bhan was the chief guest while the Chairman of the IIPA J&K RB, B R Sharma was the guest of honour.
During the interaction, the Deputy General Manager, State Bank of India, Business & Development, J&K Module, Jayant Mani listed Bank’s schemes for the convenience of pensioners.
He said that the SBI is serving over 44 lakh pensioners in the country through 18 Central Pension Processing Centres.
Addressing to the pensioners, Mani said that the SBI provides Doorstep Banking Services to Pensioners with special facilities for physically challenged ones. It also provides Non Home Branch Pension Loan for SPARSH Pensioners. All pensioners up to the age of 70 are covered by personal accident insurance of Rs 30 lakh on request.
He said that the Bank has a special scheme for Senior Citizens viz. SBI Patrons ke Saath under which an FDR with higher rate of interest for citizens of above 80 years. Another scheme for pensioners, Senior Citizen Saving Scheme, under which 8.20% rate of interest for deposits up to Rs 30 lakhs is available for retired civilian & retired defence personnel of the age of 55 to 60 years and 50 to 60 years respectively for five years, extendable in the block of another three years.
Speaking on the occasion, Khoda complimented Mani for delivering a very useful lecture which will benefit the pensioners and senior citizens immensely. Most of the senior citizens are not aware of useful Govt and SBI schemes which Mani shared today with the audience of senior citizens.
Dr Ashok Bhan, in his address, said that the SBI represents excellence in monetary governance besides taking up community initiatives through CRS.
B R Sharma also lauded the SBI for leading the bank’s digital journey in India and said that today’s awareness lecture and interaction should be continued for the benefits of the pensioners and senior citizens.
Earlier, the General Secretary CGPWA, K B Jandial said that the SBI stands today as the nation’s largest bank playing a pivotal role in the national economy displaying exemplary dedication for senior citizens and pensioners through technological innovations and commitments.
Prof Anil Gupta presented the formal vote of thanks.
Senior officers of SBI, Ajay Singh Kamli, C M Bhat, Deepak Bhat and Vimal Bajaj were also present during the event.

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