State Bank of India will hold two days loan mela in Davangere. Loan mela will be held on Saturday and Sunday at Abhinava Renuka Mandira. The customer with relevant documents can get car loan on the spot and SBI will issue loan approval letter for loans under housing schemes. SBI will not charge any processing fee for loans in the loan mela.
During loan mela held last year, SBI had done a business totaling over Rs 7 crore and targets to achieve the business of Rs 15 crore this year. There was a special offer of car loan as well as housing loans. The customer for loan for housing will get loan approval letter at loan mela and application for car loan will be sanctioned on the spot.
SBI will accept PAN card, voter ID cards, driving license, and passport as identity proof. Proof of residence, Bank account details, Form 16, IT returns for past three years and salary certificate are essential for sanctioning your car loan or get a home loan sanctioned in the loan mela.
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