Indian Bank organised Loan Mela for PM SVANIDHI Scheme at its Vardhman Branch

All Local branches with their hundreds of customers participated in this loan distribution mela

Indian Bank organised Loan Mela for PM SVANIDHI Scheme at its Vardhman Branch

Ludhiana: Today Indian Bank organised a Loan Mela for PM SVANIDHI Scheme at its Vardhman Branch, near Samrala Chowk. Pardeep Sabharwal, Municipal Commissioner, Ludhiana was Chief Guest of the function in addition to Joint Commissioner Neeraj Jain & Bank’s Zonal Head Raj Kumar. All Local branches with their hundreds of customers participated in this loan distribution mela. 


Sabharwal narrated features of this scheme to all it’s beneficiaries. He said that Prime Minister has launched this scheme for all street vendors, where a registered street vendor may avail this facility up to Rs.10000.00 from any nearby Bank for his working capital needs on a low rate of interest, without furnishing any collateral security or third party guarantee.


Vineet Bhatia and Kitty Uppal Councillors were also present at the function and urged people to take benefits under the scheme. People have given good response and welcomed Prime Minister’s Scheme.