Indian Overseas Bank conducted a “Self Help Group Loan Mela”

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Self Help Group Loan Mela
Indian Overseas Bank conducted a “Self Help Group Loan Mela”

Salem, 26.05.2023: Indian Overseas Bank, Regional Office, Salem conducted a Self Help Group Loan Mela” Organized for accomplishment of “Women’s Financial Independence” on 25.05.2023 at Dhirajlal Gandhi College of Technology, Salem. 

The Chief Guest was Shri. S R Parthiban, Hon’ble Member of Parliament, Salem and the Distinguished Guest was Smt. Archana Manojkumar, Secretary, Dhirajlal Gandhi College of Technology, Salem. 

Hon’ble Member of Parliament, Shri. S R Parthiban issued the Sanction letters amounting to Rs.7.25 Crores to 3 Panchayat Level Federations and 87 Self Help Groups thereby benefitting more than 1500 Women beneficiaries engaged in various micro level activities. 

Hon. Member of Parliament, Shri. S R Parthiban gave his presidential address stating the importance of Education and Women’s Financial Independence. He also added that Banks should be liberal in sanctioning Educational Loans & Self Help Group loans since the same will benefit the society. He also requested the gathering that Banks will come forward to support them in future without any hesitancy if loans are repaid promptly. He praised Indian Overseas Bank for giving importance to Women Empowerment through Financial Support and also praised IOB for immediately sanctioning Educational Loan to a tribal Girl student for her studies to pursue MBBS and praised IOB initiatives in helping the downtrodden poor women.

Smt. Archana Manojkumar, Secretary, Dhirajlal Gandhi College of Technology, Salem addressed the gathering about the Women Empowerment and their contribution towards the same through “Adithi Women Empowerment Cell”