Ludhiana, Jun 25 (KNN) Chamber of Industrial & Commercial Undertakings (CICU) on Thursday organized a loan camp under Pradhan Mantri Mudra Yojana Scheme (PMMYS) to disburse loans to Micro, Small and Medium Enterprises (MSMEs) and traders up to 10 Lakh on the spot.

Banks like Sind Bank, State Bank of India, Punjab National Bank, HDFC, ICICI, Canara Bank camped at CICU Office at Gill road Ludhiana for the same.

''More than 70 industry and trade persons apprised these banks of their loan requirements under the scheme. The bank officials after verifying their documents assured abot 32 industries to grant loans. The other industrialists and traders were advised to complete their documents and discussed their cases for further necessary action,'' CICU said in a statement.

Upkar Singh Ahuja President and Pankaj Sharma General Secretary CICU said that this camp will help the needy persons to avail the loans for their immediate requirements after the pandemic situation to strengthen their business and trade activities.