HDFC Bank pledges to hold 1,000 Grameen Loan Melas

To bridge the divide between Urban and Rural India, HDFC Bank had comprehensive plans to organize 1,000 Grameen Loan Melas (Village Loan Fairs) over the next 6 months in more than 300 districts covering around 6,000 villages across India. 
     Grameen Loan Mela will be a one-stop shop for people from the surrounding 5 or 6 villages to access the entire range of the bank’s products. Local residents can avail of tractor loans, auto loans, two-wheeler loans, agri loans, commercial vehicle loans, or open Current or Savings Accounts. They can also avail of consumer durable loans at No Extra Cost EMI.
    HDFC Bank will also offer Business Loans and Emerging Enterprise Loans to small traders and shopkeepers. Furthermore, Self Help Groups (SHGs) can avail of finance through the Bank’s Sustainable Livelihood Initiative (SLI). Grameen Loan Mela will also serve as a platform to educate the local populace about banking services like Missed Call Banking, checking account balance, ordering a cheque book, etc., informed Mr. Arvind Vohra, Country Head, Branch Banking, HDFC Bank.
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