Mokokchung, June 13 (MExN): The Nagaland State Co-operative Bank, Mokokchung Branch with the objective of ‘Going Digital’ organized a programme at Chami Village on June 6 and Mopungchuket Village on June 9 coinciding with Financial Literacy Week as directed by RBI.
The programme was attended by the Branch officials along with DDM NABARD, S. Amarjit Mangang and participated by 89 people comprising of village council chairman, council members, VDB secretary and board members, SHGs, farmers club and well wishers.
The Branch Manager explained the working of Cooperative Banks in the state and discussed on various deposits schemes. He mentioned that the Cooperative Banks coinciding with the Golden Jubilee of the bank had introduced schemes like Saving Premium and Co-operative Gold which yields higher rate of interest compared to any deposits scheme offered by other banks.
The bank also offered adoption of Mopungchuket Village as a “Golden Village” whereby any facilities requirement by the village will be given utmost priority, informed a press note received here. The branch Manager shared the working of NSRLM where Kubulong block has been selected and requested them to actively participate in the NSRLM Mission.
S. Amarjit Mangang, DDM NABARD also attended both the programme and deliberated on the concept of Going Digital, its objectives and the focus aims of the Central Government. He explained how UPI/ digital transaction can be done easily even without a smartphone and internet connectivity just by using the BHIM App or dialing *99# and explained that the transaction can be done at real time transfer.
R. Asenla, Senior Field Inspector deliberated on various loans and advances offered by the bank and the procedure to avail the credit facilities. She focused on exercising credit discipline where borrowing should be done within ones repayment capacity to invest in assets which can generate income and create value. She also explained how formation of JLGs, Farmers club, SHGs is done.
The meeting was chaired by Temsulepden, Nodal Officer FLCC Mokokchung. Queries were discussed and the gathering ended with a vote of thanks by the Village Council Chairman of both the villages.
