Union Bank of India, Goa launches SARAL LITE centre to facilitate MSME units

Panaji, June 25 (KNN) In a bid to boost MSME sector of Goa, Union Bank of India, Goa Centre is taking various measures to facilitate the smaller units of the state.

Taking a move towards it, the bank has recently launched SARAL LITE (Systematic Appraisal and Risk Assessment of Loan) centre to make the banking services easy, fast and hassle free for Goa’s small units.

The center will accelerate growth of MSME units through focused sales and marketing and by way of better credit appraisal and expertise for processing of loan proposals.

On June 21, 2018 PS Rajan, general manager, HC Mittal, field general manager and VK sinha regional manager jointly inaugurated the SARAL LITE.

All MSME loan proposals more than Rs 10 lakh will be processed at the center.

The event was attended by senior executives and bank officials.