Purpose – Purchase of Tractor, Trailer, Implements and other Accessories. Type of loan – Agricultural term loan Eligibility – Individual farmers /Group farmers a) For Tractors below 35 H.P., Minimum 6 Acres of perennially irrigated land or 12 Acres of cultivable dry land b) Above 35 H.P. minimum 8 acres of perennially irrigated… Read More »
Purpose – To provide hassle free finance to borrowers in SSI, Trade and Service sector by means of mortgage of property with adequate value. Type of loan – Cash credit/ Term loan Eligibility – a) Existing customers with a satisfactory track record of three years. b) Cash profit during last 3 years and… Read More »
The bank was formed by amalgamation, on the 31st March 2006, of the five banks, sponsored by SBI, to participate more energetically, with synergy, in the uplift and development of Rural Farm Sector and Rural Non-Farm Sector, with emphasis on the deprived, the Rural Poor, Rural ISB and Rural Crafts. The bank offers home loan,… Read More »
Purpose – The loan offers financial assistance to small and marginal and tenant Farmers with focus on women folk under group approach, to improve rural economy through employment opportunity and increase milk production through organized sector. Type of loan – Allied Agricultural Term Loans Eligibility – a) Small homogenous groups consisting of 5-15… Read More »
Purpose – Purchase of new vehicles – two wheelers as well as four wheelers, Purchase of second hand unencumbered four wheelers only not more than four years old Type of loan – Term loan Eligibility – Permanent employees of State, Central Governments, Public Sector Under takings, Corporations, Private Sector companies and reputed establishments; Professionals, Self… Read More »
Purpose – Financial assistance to meet personal Expenses Type of loan – Demand Loan Eligibility – a) Pensioners of all Central, State governments and PSUs whose pension accounts are maintained with our bank. b) Family pensioners having accounts with us. i.e., spouse who is authorized to receive pension after the death of the pensioner. c)… Read More »
Purpose – Financial assistance to SHG Federations for on lending to SHGs Type of loan – Clean term loan Eligibility – Primary federations at Village / Cluster Level and whose membership does not exceed 30 SHGs. Track record: Minimum one year is required in continuous thrift and credit activity from own funds, operating… Read More »
Purpose – General purpose loan Type of loan – Term loan or Current account overdrafts Eligibility – Employees/ Professionals/ Self-employed/ Agriculturists including those engaged in allied activities and other individuals in the age group of 21 to 55 years Income Criteria: a) Minimum net monthly income of Rs. 6.000/- for salaried people b)… Read More »
Purpose – Providing hassle free housing loans to farmers and other rural dwellers to construct new house including the cost of work shed leading to income generating activities such as dairy shed etc. Renovation or repair of existing house not more than 15 years old; Extension of existing house or work place; Operational area; All… Read More »
Purpose – Financial assistance to farmers having Contract Broiler Farming arrangements; Construction of poultry shed, feed room and purchase of equipment viz., pump set, water storage tank, feed mixing plant etc. Eligibility – Existing and new poultry farmers with experience and having undergone training in poultry farming, with adequate land and… Read More »