In terms of Notification F.No.1/26/2005-RRB dated 27.01.2006 issued by Government of India u/s 23A of RRB Act,1976, Jaipur Nagaur Aanchalik Gramin Bank and Thar Aanchalik Gramin Bank, both sponsored by UCO Bank and operating in the state of Rajasthan, have been amalgamated to form a new Bank, namely Jaipur Thar Gramin Bank.
Jaipur Thar Gramin Bank has entered into agreement with Regional Provident Fund Commissioner for disbursement of Pension under provision of the Employees ’ Pension Scheme 1995 through 213 branches & 3 Extension Counter w.e.f. 01st May,2011″.
The bank currently has about 46 branches rolled out to CBS; it has planned to implement CBS in all branches by September, 2011. It offers home loan, agricultural loans, personal loan, education loan, consumer loan etc.
Purpose – The loan is offered to businessmen in order to offer Working Capital to businessmen
Eligibility – Business Men capable of repaying the loan are eligible for the loan
Loan Amount – The loan amount offered by the bank is Rs.30, 00, 000/-
Rate of Interest – The interest rate for the loan is12%
Repayment – Yearly Review