Third Mandi Activity in a series of ten in partnership with APMCs and Commodity Markets
Ahmedabad, October 22, 2018: YES BANK, India’s fourth largest private sector Bank, has partnered with Agricultural Produce Market Committees (APMCs) & Commodity Markets in Bavla, Ahmedabad for the third Market Loan Carnival. The event was inaugurated by Mr. Subramanian Ayyar, Senior President & National Head: Rural Inclusive Branch Banking, YES BANK and Mr. Haribhai M Dabhi, Chairman APMC Bavla.
This Market Loan Carnival also aims at providing Financial Literacy to the attendees by means of a newsletter called ‘Gyan Parichay’. This contains various details about financial planning and steps one could take in order to maximize the benefits arising from it. This comes at an opportune time as with the festival season just around the corner, financial planning is even more important to manage expenses.
This Mandi Activity is being specifically targeted to the farmers and the products being offered ensure that they can gain maximum benefits from them. The product portfolio has been expanded to include two additional retail products in addition to Yes Khushi Home loans and Commercial Vehicle Loans. Both of these existing retail products can be availed without formal income documents and was beneficial even to the First Time Users.
The two new retail products are YES Unnati and YES Samadhan. YES Unnati is a need based Micro Enterprise Finance loan having quick processing time. These loans do not require the applicant to furnish financial statements and also have no foreclosure charges either. The Bank also offers flexible tenor along with attractive rate of interest. Additionally, YES Samadhan (Kisan Credit Card) will also be at offer which is a complete financial solution for farmer requirement and the Bank also has dedicated Relationship Managers for servicing at YES BANK branches.
These Mandi Activities aim to maximize the Bank’s outreach to its customers in order to be able to provide better services and ensure improved financial planning. This initiative will help visitors get information regarding the Bank products thereby helping them expand their scope of business and effectively manage their finances.
About YES BANK
YES BANK, is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/
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