SBI adalat offers healing touch for defaulters

The State Bank of India will hold a bank adalat on October 27 from 10.30 am to 5 pm,to facilitate a one-time settlement for defaulting NPA borrowers. The adalat will be held at the bank premises at Dhole Patil road in Bund Garden.

The adalat will help out those NPA borrowers who have taken personal loans; educational loans,car loans and business loans from any SBI branch in Pune and have outstanding amounts consistently below Rs 10 lakh. The borrowers can participate in the event for a one-time settlement of their loans. If the offer is acceptable to the bank,the defaulters will be given a table sanction and they will have to pay 25 percent of the offer amount immediately on the adalat day itself.

The SBI has provided this facility for defaulters to get rid of debt worries. More information is available on 26052663 or 65005198/99.