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2014-01-14

Corporation Bank opens new SME loan centre at Ahmedabad

Corporation Bank opened its exclusive SME loan centre at Ahmedabad. S R Bansal, chairman and managing director inaugurated the fully furnished SME loan centre.

Corporation Bank opened its exclusive SME loan centre at Ahmedabad. S R Bansal, chairman and managing director inaugurated the fully furnished SME loan centre.

 

The loan centre with dedicated relationship managers backed by exclusive processing team will cater to the financial requirements of MSME entrepreneurs in Ahmedabad, Kadi, Rajkot, Gandhidam and Jamnagar, Bansal said.

 

By the end of March 2014, the Bank plans to open SME loan centres in top 20 centres across India.

 

The bank will launch Corp Micro Plus, a special campaign for micro enterprises from January 17 to March 31. The rate of interest will be at base rate (10.25 per cent) and there will be no processing charges during the campaign period, according to a press statement by the bank.

 

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