Public Sector Dena Bank today approved loans of Rs 350 crores to farmers, small entrepreneurs and students on easy installments at a mega credit camp held here in line with its policy to provide continuous development.
R K Thakkar, Executive Director Dena Bank, while he was addressing customers who came from from Chandigarh, Himachal Pradesh and Haryana that fulfilling its social responsibilities, Dena Bank was the first to start the farmer’s credit card plan, under which loan facility is being provided only at 4% interest rates. Now stepping in to the second phase, health insurance to the farmers and their families is being provided. He said bank has set up the priorities for home loan, agriculture loan and loan for setting small scale industries.
He said that in today’s camp loan approval letters worth Rs. 10 crore for agriculture works and loan approval letters worth Rs. 150 crore had been distributed for setting up small and medium scale industries and worth Rs 27 crore had been approved for education loan.