The first batch of students from the automotive service and maintenance course under the NDB ‘Jeevana’ Livelihood Development scheme graduated recently. NDB Bank in collaboration with Diesel & Motor Engineering PLC (DIMO) initiated this project as part of the ‘NDB Jeevana Livelihood Training/Loan Scheme’ in Jaffna.
Under the initiative, 22 youth from Jaffna was selected as eligible candidates to undergo six months of comprehensive theory and practical training under the expertise of DIMO. The candidates were selected based on their skills and abilities.
The vigorous training received under the guidance of DIMO incorporated a range of subjects including tutorials on Basic Tools and Workshop Safety, Introduction on Engine Systems, Chassis systems, Electrical Systems and Transmission Systems, understanding clutch, brakes, front and rear suspension, drive train and final drives. The training will assist the graduates to cultivate the necessary skills in handling any type of service or maintenance for TATA Commercial Vehicles and Mahindra Tractors.
Commenting on the occasion, Chief Executive Officer of NDB Bank, Russell De Mel said, “The responsibility that befell on the Banks, post war is twofold. One was financial inclusion and the other was to be a part of the human integration exercise. NDB Bank’s Jeevana product was launched to fulfil both these responsibilities. The youth of today, our leaders of tomorrow have been born during the past 30 years. Perhaps all what they may have heard would have been gunfire and seen would have been bloodshed. The Jeevana programme – ‘which is to bring life to their lives’ aims at demonstrating to them, that we at NDB love them, care for them and respect them. ”
The ‘NDB Jeevana Livelihood Training/Loan Scheme’ is coupled with a special personal loan issued at a concessionary rate with a grace period for payment. NDB Bank has targeted high demand sectors such as hospitality, motor mechanism, construction and nursing for students who wish to pursue careers in these industries but lack the facilities and financial support to do so. The loan component will comprise of an allocation for all tuition and training costs and other required amenities. The selected participants will also be entitled to a daily allowance to cover travelling, food and other related expenses.