Meeting on Collateral Free Loan Facilities for Traders and MSMEs held at ICCIC

The Indian Chamber of Commerce and Industry, Coimbatore  organized a meeting on “Collateral Free Loan Facilities for Traders and MSMEs”, recently at its Chamber Towers, Avinashi Road, Coimbatore.

V.Lakshminarayanasamy, President, ICCIC welcomed the gathering.

V.Hema, Assistant General Manager, State Bank of India and K.Ramakrishnan, Zonal Manager and Indian Bank participated in the meeting and addressed the gathering regarding the schemes and guide lines for getting loan facilities from the respective banks. Kannan, General Manager, District Industries Centre, Coimbatore, explained to the members about the schemes of Tamil Nadu Government specifically for MSMEs to support their business activities.

The bank officials also explained to the participants about the rate of interest of loans, guidelines for instant online approvals option from the bank and eligibility for availing loans etc.

C.S.K.Prabhu, Secretary, ICCIC proposed the Vote of Thanks.