JK Bank ATMs serve 20,000 customers in Valley daily

JK Bank ATMs serve 20,000 customers in Valley daily
Record 23,000 Transactions, Disburse Rs 5 Cr Everyday

BILAL HUSSAIN


Srinagar, July 15: Any idea about how many customers J&K Bank serves through its extended network of Automated Teller Machines daily? Officials of JK Bank said the Bank ATMs serve over a strong 20,000-customers everyday in Valley alone.
While the ATMs save a lot of time of the customers who find it simple and easy to withdraw money, check balances, etc. the bankers are relieved of a huge rush that otherwise they have to deal with daily.
In charge ATMs JK Bank, Naveed Zargar told Greater Kashmir the Bank ATMs record a whopping 23,000 transactions daily in Kashmir region alone. "The amount disbursed per day is more than Rs 5 crores," Naveed added.
The ATM transactions have increased many manifold in the Valley over past few years. "Most of our customers prefer to have debit/credit cards," he added.
The ATMs enable people to withdraw cash and do a host of other banking activities round the clock by simply pushing the buttons of the machine. All that a person has to do is to simply insert card in the slot, type in his/her PIN number. During the operation the user-friendly ATM screen guides the customer.
According to Naveed during peak business days of each month the ATM transactions gallop to nearly 30,000, and in terms of money the withdrawals amount to over Rs 7.5 crores daily.
The Bank has an overall network of 211 ATMs across India, which includes 92 in Kashmir region. "Apart from withdrawal of money facility, JK Bank ATMs provide services like statement enquires and fund transfer as well."
"The main motive of setting numerous ATMs is to provide 24-hour service to the customers and easy access to cash at their nearest possible location," he said.
During the recent strike, public protests and demonstrations in the Valley over the land transfer to SASB, "the bank provided the ATM services to its customers without any interruptions," said president, corporate affairs and investor relations, JK Bank, Parvez Ahmed.
He said in the areas falling in Civil Lines and around hospitals all the ATMs were functioning and were loaded with enough cash during the strike days in the Valley.
"Our ATMs were working throughout the week and were loaded with sufficient cash. We want to provide quality services to our customers," he said.