Success Stories-R.K.Battery, Shivpur,Varanasi, Uttar Pradesh

Union Bank of India – Mudra Success Stories – 1
Name: M/s R K Battery, Prop. Mrs. Nisha Singh
Loan Type : Tarun
Nature of Activity: Sales and Services of Invertors and Batteries
Employment Generated: 05
Location: Shivpur, Varanasi
Brief of Success:
Since 2011 the unit sales was very low due to want of fund and working capital, Mrs. Nisha
Singh contacted bank in 2016 for financial assistance under MUDRA yojana, bank
sanctioned Rs 5.00 Lakh working capital limit initially to this firm and with this the firm
spreads its business in different areas and added nos of wholesale and retail customer
resulting which the firm achieved sales of Rs 1.00 crore in the last financial year i.e March
2017. Inspired by her dedication and hard work bank enhanced her limit to Rs 10.00 Lakh
in the month of January 2018
Union Bank of India – Mudra Success Stories – 2
Name: Shri Rudra Narayan Das
Loan Type : Shishu
Nature of Activity: Hotel Business
Employment Generated: 07
Location: Bhubaneswar

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