Srinagar: In a reply to the grievance filed by prominent social activist Inam Un Nabi in LG’s Grievance Cell (LGGC) Kashmir about the problem faced by the traders, the Nodal Officer of J-K Bank has said that bank has waived off rentals on POS terminals both working on GPRS and MPOS for the period August 2019 to January 2020.
According to statement issued here, on 17 April, Nabi showed concern about the miseries of traders and questioned the banks, especially the J-K Bank, that how banks are deducting the monthly rentals of POS machine despite the fact that under lockdown almost since August 5 with restricted internet, when there’s barely any footfall and finally now when there is pandemic.
Soon after the Press Statement, Nabi filed grievance of traders in Lt. Governor’s Grievance Cell Kashmir, where it was immediately forwarded the complaint to JK Bank Nodal Officer.
This afternoon, J-K Bank replied to the matter raised by Inam Un Nabi and stated that “J-K bank as a goodwill gesture waived off rentals on POS terminals both working on GPRS and MPOS , for the period August 2019 to January 2020. This concession has been provided to those customers which has not done any transaction on POS . All this was done inspite of the fact that Bank has to bear the entire costs to the vendor whether machine used or not. Now with COVID we shall have to review the position stated bank.”
Trade Community has lauded in-charge LG’s Grievance Cell Kashmir and also efforts of Social Activist Inam Un Nabi for their timely intervention and also ensuring solution in these grim times. (KNS)