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 »
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… Read More »
Purpose – Financial assistance to deserving /meritorious students pursuing higher education in India and abroad Eligible courses – All courses having employment prospects are eligible. Graduation/Post Graduation/Professional Courses, Other courses approved by UGC/Government/AICTE etc. Eligible expenses – a) Fees payable to college/hostel b) Examination/ Library /Laboratory fees c) Purchase of Books/ Equipment/ Instruments/… Read More »
Purpose – The loan is offered for the Purchase / construction of new/old house/flat, for repairing/renovating an existing house/flat, Furnishing the house/consumer durables as a part of project cost, take over of loans from other banks subject to conditions Eligibility – Individuals Quantum of Loan – Repairs /renovation 2 lakhs; for furnishings consumer durables 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 »
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 »
A recent press report said that the regular payment of education loan will help students to maintain their credit profile. Normally, education loans repayment starts six to twelve months after the completion of the course or after gaining an employment whichever is earlier. The report further said that in case the family income from all… Read More »
A recent press report said that Mr. Ramnath Pradeep, Chairman and Managing Director, Corporation Bank said that the Bank is aiming for a zero bad loans portfolio during its financial year. Further he also said that currently the net non-performing asset is about 0.47 per cent as a percentage of advances. Mr.Pradeep also says that… Read More »
A recent press report said that the State owned Corporation Bank has sought Rs.300 crore capital supports from the government to fund business growth. Mr.Ramanath Pradeep said that the bank had requested for capital infusion, the government will consider the same when it reviews the banking sector as a whole. He also said that the… Read More »