Category Archives: Articles

Vananchal Gramin Bank – Vehicle Loan

Purpose –           For the purchase a new Car/ Van/ Jeep/Two-wheeler or raise loan to purchase old vehicles that are not older than 3 years. Finance will be provided for purchase of vehicle of indigenous makes. Eligibility –           Individuals as well as Business Concerns (Corporate or non-corporate) Quantum of Loan –           For Individuals: 25 times of… Read More »

Vananchal Gramin Bank – Personal Loan

Purpose – To help needy salaried persons financially who are at urgent need of financial assistance to meet the expenses towards renovating house or expenses related to marriage of their child/higher education of child/ purchase of consumer durable appliances etc. Eligibility – Individuals –Employed of Government or reputed public sector units having check-off facility and… Read More »

Vananchal Gramin Bank – Housing Loan

Purpose                      – Purchase or construct a new house/flat; Purchase an existing (old) house/flat or extend / enlarge an existing house; Repair or renovate an existing house flat Eligibility                     – Individual(s) over 21 years of age with a regular source of income including persons engaged in agriculture and allied activities are eligible for availing loans under… Read More »