EDB launches Express Credit Scheme

Excelsior Correspondent
JAMMU, Oct 3: Ellaquai Dehati Bank (EDB) launched EDB Express Credit Scheme here, today.
The scheme will be available at all the branches of the bank. It is a soft loan product designed to cater to the urgent financial requirements of the employees working in Central/ UT Government departments. It is an easy loan facility up to Rs15 lakh with flexible repayment period ranging from 36 to 84 months, with simplified documentation and no collateral security, guarantee is required to avail the facility.
Bank is shortly coming up with many other hassle free schemes for other sections of society, a statement issued by the Bank said.