Ahead of the visit of Executive Director of Andhra Bank Khulbhusan Singh to Brahmapur zone, a meeting was organised by the Aska Road branch to provide housing loans to the beneficiaries of housing complex built under Rajiv Awas Yojana by the Brahmapur Municipal Corporation (BeMC) under Slum Area Development Programme .
The housing complex was developed by the BeMC for providing affordable pucca houses to the slum dwellers for their rehabilitation. The meeting was attended by CGM Ramakanta Pradhan, DGM Bhubaneswar Nayak and AGM of Brahmapur Zone Anoj Kumar Pradhan along with Branch Manager of Aska Road.
Andhra Bank has taken a lead for financing about 2,000 housing units within the BeMC area out of which Aska Road branch has already sanctioned loans for 600 units in three complexes located in Somnath Nagar, Niladri Vihar and Dhoba Bandha Huda.
Jain lauded the initiative taken by the bank in providing housing loan for rehabilitation of the slum dwellers and thus fulfilling a social cause. He urged the beneficiaries for timely repayment of the loan. The dwellers of the complex were happy and expressed their gratitude to the Andhra Bank.
They also assured to pay the monthly loan instalments regularly. Jain distributed the sanction letters to the beneficiaries. Vote of thanks was given by Branch Manager, Aska Road, Bashudev Swain.