Indian Overseas Bank Loans: Rs 5 cr amount in your account in less than 1 hour
Indian Overseas Bank (IOB) has offered various retail loan products on www.psbloansin59minutes.com, an online portal for sanction of MSME loans. The 59-minute loan scheme was launched last year for the benefit of MSME.
Bank has seen an improvement in sanctioning of loans, as the number of cases and amount sanctioned shows a manifold increase since its inception. Reuters