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Central Bank of India Holds Mega Retail Outreach Programme, Sanctions ₹172 Crore Loans

Hyderabad Region disburses ₹125 crore and generates ₹24 crore in fresh business leads while strengthening customer engagement and retail lending.
Indian Masterminds Stories

Hyderabad: Central Bank of India, Hyderabad Region, organised a Mega Retail Outreach Programme to strengthen retail lending, enhance customer engagement and accelerate business growth in the region.

The programme was attended by A. D. Srinivas, General Manager, Corporate Office, Central Bank of India, and Gajendra Singh Chouhan, Regional Head, Hyderabad, along with customers and bank officials.

Central Bank Highlights Competitive Retail Loan Rates

During the programme, A. D. Srinivas highlighted the bank’s competitive and attractive interest rates across various retail loan products.

The key products highlighted included:

  • Grihalakshmi Housing Loans
  • Home Loans
  • Gold Loans
  • Vehicle Loans

He said the bank’s strong Current Account Savings Account (CASA) base and adequate availability of funds enable it to offer competitive interest rates to customers.

Read also: Central Bank of India Signs MoU With Maharashtra Government, EY to Develop Fraud Analytics Engine 

Hyderabad Region Achieves ₹172 Crore Retail Loan Sanctions

The Mega Retail Outreach Programme delivered significant business outcomes for Central Bank of India’s Hyderabad Region.

During the campaign period:

  • ₹172 crore worth of retail loans were sanctioned, including in-principle sanctions.
  • ₹125 crore was disbursed.
  • ₹24 crore worth of fresh business leads were generated.

The results reflect the region’s focus on expanding retail lending and strengthening its engagement with existing and prospective customers.

Customers Appreciate Customer-Centric Banking Approach

Customers participating in the programme appreciated the proactive support provided by the bank’s Branch Managers.

They highlighted the customer-centric approach adopted by branch officials in understanding individual requirements and guiding customers towards suitable loan products.

The initiative provided customers with an opportunity to understand available retail lending options and access banking support directly from officials.

Programme Reinforces Focus on Retail Banking Growth

The Mega Retail Outreach Programme reflects Central Bank of India’s continued focus on expanding its retail banking business while providing competitive financial products and services.

The programme also strengthened customer engagement and generated new business opportunities for the Hyderabad Region.

The bank reaffirmed its commitment to delivering competitive, accessible and customer-centric financial services while supporting retail lending growth.

About Central Bank of India

Central Bank of India is one of India’s leading public sector banks, offering a wide range of banking and financial services to retail, corporate and institutional customers. Established in 1911, the bank has a nationwide presence and provides products including deposits, loans, digital banking and other financial services.

Read also: Central Bank of India Partners with Rajasthan Rural Livelihood Development Council to Strengthen Financial Inclusion 


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