Vijaya Bank's new system to track SME loans

BANGALORE, INDIA: Vijaya Bank, which is based at Bangalore has recently developed a system through which applicants who have applied for loans can be tracked effectively. Not only this, even new registrations will be done over this new online system.

The Bank recently held an “MSME Mela” in which various SME's availed loans keeping in mind their overall growth and development.

To enable easy and efficient banking by MSMEs, Vijaya Bank has set up eight separate units all over India, these units are set up specifically at Delhi, Pune, Chennai, Mumbai, Ahmedabad and Hyderabad along with two individual units at Bangalore.

Hope this initiative finds an ocean of takers from the SME sector.