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SBI contributes Rs 2 cr for flood-hit Kerala
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SME Times News Bureau | 18 Aug, 2018
The State Bank of India (SBI) has donated Rs 2 crore for the Kerala
flood victims and initiated several other ground-level measures in the
deluged state, an official said on Saturday.
The SBI has
encouraged all its 270,000 staffers to contribute to the Chief
Minister's Distress Relief Fund (CMDRF), and the bank would contribute
an equivalent amount.
It also announced a waiver of fees and
charges on services like loans for flood relief, duplicate passbooks,
ATM cards, cheque books and EMI delays, besides making attempts to
restore the working of branches and ATMs in the flood affected regions
of the state.
Besides, the SBI has decided to waive all charges
on remittance to the CMDRF, penalty on non-maintenance of minimum
account balance from proceeds of relief fund provided by the government
and agencies and if already recovered, such charges would be refunded
for customers in the state.
The bank has extended Xpress Credit
to existing customers with relaxed norms for a month, deployed cash at
PoS (Point of Sale) to enable people avail Rs 2,000 to meet daily cash
requirements across the state.
Persons who have lost or displaced
personal documents can open small accounts with only photos and
signature or thumb impressions and all employees of SBI deployed to
address requirements of the customers and ensure best possible service.
At
least 180 persons have lost their lives, thousands displaced or
stranded as incessant rains pounded Kerala since the past 10 days,
causing havoc in 12 districts.
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