Dena Bank Organizes Vehicle Carnival for Fast-track Car Loans for its Customers

Dena Bank India’s trusted family bank, has organized a 60-day vehicle carnival for its customers beginning from July 1, 2015 to August 31, 2015. During this period, bank will offer vehicle loans to customers at attractive rates with reduced process fees. In this context, the bank organized a mega camp at its JVPD branch in Mumbai where 103 applicants received their car loans amounting to Rs 5.89 crore.

Chairing the event, Mr. R K Takkar, Executive Director of Dena bank, said “Dena Bank has set up an ambitious target of credit line to finance buyers of 23000 vehicles all over the country during the 60-day period. The purpose of having the credit camp is to promote the Bank’s business and also for catering the other credit needs of the customers.”

This is a part of the bank’s initiatives to launch marathon auto loan camp across the country for catering to retail and commercial borrowers. Under this scheme, Auto loan borrowers will be benefitted by speedy process of sanction of loans at attractive interest rates.

About Dena Bank:

As of today, the number of branches is 1748 through 29 zonal offices; 671 rural branches (including 72 satellite branches); 376 semi-urban branches; 327 urban branches; and 374 metro branches. Bank has provided 1482 ATMs.