A massive campaign for proposals for one time settlement of NPA accounts through National Lok Adalat by Indian Bank, Bhopal Zone on July 10, 2021 has been launched.Amarjit Singh Hira, Deputy General Manager, Indian Bank, Bhopal Zone visited Misrod and other branches of the bank on July 05, 2021 and informed about the National Lok Adalat to be held on July 10, 2021.
He said that during this period, farmers, small shopkeepers and other NPA defaulters would be freed from old NPA loans by giving solutions under one-time settlement proposals. This campaign is being organized in Bhopal, Gwalior, Vidisha, Ujjain, Indore, Sehore and Dewas districts. Hira informed that any NPA account holder, especially farmers and small shopkeepers, will deposit their settlement proposal along with the settlement amount in their bank branch in this week to get rid of their debt, on the basis of first come first serve policy. But, considering their proposals in the National Lok Adalat, immediate action will be taken to close their loan accounts at the earliest. He has ordered all his branches to take all necessary steps to take the benefits of this campaign to maximum number of old NPA account holders. Any NPA account holder who submits his settlement proposal by depositing his settlement amount in his branch, it should be immediately sent to the National Lok Adalat.