PSB Gold Mortgage Loan launched

By Our Staff Reporter
Imphal, Oct 12: Former Director of Health Services Dr Th Chandramani has launched Punjab & Sindh Bank (PSB) Gold Mortgage Loan which offers low interest rate with no processing fee today.
In the launching event hosted by Punjab & Sindh Bank, Deulaland Branch, Chingmeirong, Dr Th Chandramani stated that the PSB Gold Mortgage Loan has been launched in order to remove the inconvenience of high interest rate constantly plaguing the people.
At the low annual interest rate of just 7% and no processing fee, the Deulaland Branch of Punjab and Sindh Bank is the first branch to introduce this gold mortgage loan in the entire State and other branches of the bank are preparing to launch this new loan system soon, he added.
M Baleshwor, Senior Manager of Punjab and Sindh Bank Zonal Office, Guwahati, informed that one of their goals in introducing this gold mortgage loan is to contribute towards the creation of a competitive market in the banking sector wherein the customers benefit is the highest priority.
The event was also attended by J L Kuber, Senior Manager; Y Radheshyam, Manager; Lalbiakmong, Branch Manager Laipham Khunou Branch; Serwin Bara, Branch Manager Khurai Sajor Leikai Branch; Charmila Seija, Branch Manager, Thangal Bazar Branch; probationary officers and staff of  Deulaland Branch.