SBI organized loan mela in collaboration with Jamkash Vehicleads Pvt Ltd

In Srinagar the State Bank of India (SBI) organized the loan mela, received a good response. Scores of customers visited the mela on Wednesday.

SBI Regional Manager Ajay Gupta informed that the mela was organized in the main branch at Residency road, with an aim to make people aware of the facilities being provided by the bank to its customers.

The mela was organized in collaboration with Jamkash Vehicleads Pvt Ltd with the main objective to sanction spot car loan to customers. In the mela latest models of Maruti vehicles were also displayed.

Gupta said in addition to car loan, the bank also offers housing and other loans to its customers. Gupta and the bank’s Chief Manager B L Jalali informed that the SBI is also offering complete financial services, including insurance, mutual fund and gold coins.

Jalali added bank is also providing conventional deposits and loan facilities for commerce; industry and agriculture sectors. He stated the bank is paying 10.50 per cent interest on deposits for 1,000 days and to the senior citizens bank is offering 11%.