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IND NAVYA – June 2020

IND NAVYA – June 2020

  •     IND –GECLS COVID 19

A new loan product “ IND –GECLS COVID 19” has been launched for extending Guaranteed Emergency Credit in the form of Working Capital Term Loan to MSME, Business Enterprises (Non-MSME) and PMMY borrowers . This scheme provides 100% guarantee coverage. For details and applying online, click here

  • Extension of COVID-19 regulatory Package

As per the RBI direction, for all term loans (including agricultural term loans, retail and crop loans) the existing moratorium period i.e (01.03.2020 to 31.05.2020) has been extended. The extension has given by another 3 months from 01.06.2020 to 31.08.2020 on payment of all instalments (including principal and /or interest component, bullet payment, EMI’s and Credit Card dues).

  • Reliance Covid-19 protection Insurance

All Indian Bank RuPay Cardholders can now avail insurance cover against COVID-19 by paying very minimal premium. This scheme, which provides 100% diagnosis cover, can be availed online, with a entirely online claim process too. Click here to Apply .

  • Contributions to Chief Ministers Relief Fund 

Indian Bank, through its Zonal Offices, contributed to CM Relief Fund of various states to support the respective states in their fight against the spread of COVID-19. Few snapshots :

                                                                                                          Tamil Nadu              West Bengal                  Delhi

  • CSR Activity

Indian Bank also supported various activities related to the fight against COVID -19. Food items, sanitizers, masks, PPE kits, power spray machines, etc. were provided through our touch-points at various Zonal offices. Few snapshots :

                                                                                                                         Nagpur Zone                   Coimbatore Zone

( Last modified on Jul 07, 2020 at 05:07:32 PM )