Guwahati, Monday, October 7, 2019
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UCO Bank sanctions Rs 17.03 cr loans at customer outreach prog
 GUWAHATI, Oct 6 - The UCO Bank sanctioned loans worth Rs 17.03 crore during a customer outreach initiative organised on October 3 and 4 in Kamrup district. The outreach programmes were organised as per directives of the Department of Financial Services, Ministry of Finance for financial awareness, digital banking awareness and all initiatives of the Government of India under the financial inclusion programme.

The programme held at the Shahid Bhawan, Mirza was inaugurated by Kamrup Deputy Commissioner Kamal Kumar Baishya.

Of the 592 borrowers who got their loans sanctioned during the event, 221 are Self Help Groups.

Under the MSME sector, 204 numbers of loans have been sanctioned among different beneficiaries out of which 119 have been sanctioned under Pradhan Mantri Mudra Yojana (PMMY), 11 proposals have been sanctioned under the State government’s flagship programme Swami Vivekananda Assam Youth Empowerment (SVAYEM) Scheme.

Under the home loan sector, a total of Rs 1.22 crore was sanctioned among eight beneficiaries. Moreover, one proposal has been sanctioned under the Stand Up India programme of the Union government, two education loans for students and 48 personal loans and 20 car loans were sanctioned during the two-day programme.

It may be noted that loans were given to the borrowers from rural and semi-urban areas of Kamrup district.

The event was attended by Naresh Kumar, general manager, HRM, UCO Bank, Tankeswar Das, district development commissioner, Kamrup district, Sunil Kumar Tandon, chief general manager, State Bank of India, NE Circle and a host of other dignitaries.

A total of 15 banks and organisations like SIDBI, NABARD and NRLM took part in the event.

The district administration extended its full support to the financial inclusion programme. The banks also extended its gratitude to the people of Kamrup district for showing their interest and enthusiasm towards the financial inclusion programme.

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