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NIC Bank loan scheme

 

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News item 12-4-2007

Nic bank has announced the launch of a new product ‘NIC Sajilo Karza’. Unveiling the new product, Sashin Joshi, CEO, NIC Bank said that the NIC Sajilo Karza is a fully flexible ‘easy-to-use and easy to understand’ personal overdraft facility. Under this scheme, a borrower can take money when needed and repay when there is a surplus, he said.
The product is targeted towards salaried individuals, self-employed professionals and owners of small family businesses against the security of real estate properties, said Bhanu Dabadi, manager, consumer lending at the bank.
 

 

 

Other banking news and articles:

NIC Bank loan scheme (12-4-2007)
Lending for initial public offering shares banned (24-3-2007)

No passports for bank defaulters (18-2-2007)
Loans for purchasing shares on stock market (17-2-2007)
agricultural development bank loans (24-1-07)
recovery plan for bad loans (1-1-07)

 

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