Andhra Bank launches ‘Retail Loan Express’ scheme…
Andhra Bank General Manager (Bangalore Circle) K.V. Subbaiah has launched a new initiative, ‘Retail Loan Express (RLE)’ at its Zonal Office here.
Elucidating on the scheme, Bank Zonal Manager Krishnamurthy V. Varanasi said the new facility would focus on retail loan segment. Bank marketing officers would go to the doorsteps of customers and assist them in filing application forms and bring them back to the office for processing.
“This will reduce the Turn Around Time (TAT) and ensure speedy disposal of loans,” he said, adding that the RLE would take care of processing and marketing of housing loans, covering the local branches in Tirupati. In due course it will also cover vehicle, educational and mortgage loans.
Further, Sree Vidyaniketan Educational Trust Chairman and film actor Mohan Babu inaugurated the bank’s upgraded Sree Vidyaniketan branch on the A. Rangampet main road. This Source is Taken from www.thehindu.com
If you want more info comment us...