IOB provides Rs 6.2 crore loan under govt-sponsored schemes in Chennai

CHENNAI: Indian Overseas Bank (IOB) has provided loans amounting Rs 60.2 crore under government sponsored schemes, priority sector lending and enrolment of Jan Suraksha schemes to 357 beneficiaries in Chennai district.
A statement here said, IOB, Lead Bank Chennai, in association with all the banks of Chennai district conducted a mega customer outreach programme in the city as a part of AKAM celebrations. A cheque of Rs 402.3 crore towards 5,569 beneficiaries of government-sponsored schemes and priority sector lending was unveiled in the presence of the Chennai district collector S Amirtha Jothi.
IOB alone contributed to Rs. 60.2 crore of loans to 357 beneficiaries, the statement added. Overall, 7,181 enrolments under APY, 6,476 enrolments under PMJJBY and 18,207 enrolments under PMJJBY were also made.