DCB launches personal loans in Goa

Panaji, June 27 (UNI) Development Credit Bank Ltd(DCB) today announced the launch of personal loans with easy repayment options in Goa.

DCB Chairman Mr Nasser Munjee and Managing Director Mr Gautam Vir jointly speaking to reporters said DCB offers a host of loan options designed to fulfill the customer's needs. The customers can choose a loan that best suits his requirments, from Rs 25,000 upto Rs 15 lakhs. The personal loans offer a competitive rate of interest and easy repayments options spread over 1 to 5 years.

Mr Munjee said the product is designed to meet the needs of different segments of customers. While salaried customers can avail of the loan on production of their salary slips and IT returns, business people can even take the option of availing loans based on track record of repayments of loans with other banks. The process is structured in a simple manner enabling a quick turn around time for the customer.

He said the loan also offers a transfer facility that allows the customer to transfer the credit card balance/ existing personal loan amount from other banks or financers that can be repaid through easy installments.

Mr Munjee said DCB's main network is in Andra Pradesh, Maharastra and Gujarat and we are now concentrating on Goa, Karnakata, Chennai and west Bengal for the growth.

DCB has also recently launched the free Style saving account and M Power Current accounts in Goa, the chairman added.

UNI SRN PM SKB1548