Allahabad Bank opens 53 Retail and MSME Processing Centres


New Delhi: In order to suit business needs and market competition, Allahabad Bank launched 53 Retail and MSME Processing Centres (RMPC) pan India on Wednesday.

The RMPC will ensure availability of relevant expertise for better credit appraisal, delivery and collection. With the launch of RMPC, the existing and potential customers will be immensely benefitted with improved TAT and hassle-free loan processing.

The MD and CEO, CH SS Mallikarjuna Rao inaugurated four RMPCs at Kolkata (Saltlake), Howrah (M K Road) , Shakuntala Park (Behala) and Udairajpur (Barasat)  in presence of  Sudhanshu Gaur, SV LN Nageswara Rao and Imran A Siddiqui, general managers of the Bank. The concerned Zonal Heads along with PS Azad (DGM, BPR) were also present on the occasion.

Retail credit proposals above 5 lacs and MSME proposals above 10 lacs will be processed through the newly inaugurated RMPCs.

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