Category Archives: Glossary

Uttar Bihar Gramin Bank – Kisan Credit Card

In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur. Now area… Read More »

Andhra Pradesh Grameena Vikas Bank – Rythu Vikas Chakra (Farm Mechanization – Tractor loans)

Purpose: This loan finances purchase of Tractor, Trailer, Implements and other Accessories related to agriculture. Eligibility: Individual farmers /Group farmers can avail this agricultural demand loan. The applicant must have a minimum amount of irrigated cultivable land and productive work in agriculture per year, in order to obtain loan for tractor. Applicants proposing to use… Read More »

Andhra Pradesh Grameena Vikas Bank – Mortgage loans for Trade, Industry and Service Sector (SME)

Purpose: This loan provides hassle free finance to borrowers in SSI, Trade and Service sector by means of mortgage of property with adequate value. Eligibility: Existing customers of the bank with a satisfactory track record of at least three years are eligible for the loan. New borrowers including take-over with minimum existence of three years… Read More »

Punjab & Maharashtra Co-operative Bank Ltd. – Loan against Commercial Vehicles

The Punjab & Maharashtra Co-operative Bank started its operations first time on 13th February, 1984. The bank was established with an aim to provide banking services that provides the customer utmost ease and convenience. Within a short span of just 16 years, it has achieved ‘scheduled’ status on 29/01/2000 and is the youngest co-operative bank… Read More »

Rajkot Nagarik Sahakari Bank – Advance against Machinery

Rajkot Nagarik Sahakari Bank is a leading Co-Operative Bank in Gujarat State, India. Bank was established on 5th October 1953. Bank was the first co-operative institute to start functioning in the erstwhile region of Saurashtra. Bank is enjoying the “Scheduled Bank” Status since 1989. In year 2001 Bank was registered under Multi-State Co-Operative Society Act.… Read More »