Rajouri, May 5: In a significant step towards strengthening banking infrastructure and enhancing public convenience, a Cash Recycler Machine (CRM) has been made operational at Gujjar Mandi by Jammu & Kashmir Bank.
The CRM, which facilitates both cash deposit and withdrawal, was inaugurated on Monday by Deputy Commissioner Rajouri Abhishek Sharma in the presence of ADDC Malikzada Sheraz Ul Haq, ADC Ravi Kumar Sihag, ADC Nowshera Pritam Lal Thapa, DGM J&K Bank, Lead District Manager, and other senior bank officials.
Speaking on the occasion, the Deputy Commissioner appreciated the proactive role of the banking sector in expanding modern and accessible financial services in the district. He said such facilities are crucial for ensuring smooth banking access, especially for residents of far-flung and underserved areas.
Highlighting the utility of the CRM, the DC stated that it will enable customers to carry out cash transactions beyond regular banking hours, including holidays, thereby providing greater flexibility and convenience.
He further encouraged the public to make optimum use of the facility and said that despite the challenges of Rajouri being a border district, the administration is continuously working to improve financial inclusion and banking accessibility.
The Deputy Commissioner also informed that an ATM facility was recently established at Block Khawas, marking the first such service in the area since independence, reflecting the administration’s commitment to inclusive development.
The initiative has been widely welcomed by locals, who are expected to benefit significantly from improved banking services in the region.
