Jaipur Thar Gramin Bank – SHG

By | June 20, 2011

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 the SHG for their growth

Eligibility                     – Self Help Group with Minimum 10 member in a group is eligible for the loan

Loan Amount             – The loan amount offered by the bank is 10 Times of savings

Rate of Interest         –The interest rate for the loan is10%

Repayment                 – 3-5 yearsThe interest rate for the loan is

All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit www.bankbazaar.com for the latest rates/offers.
Category: Articles Glossary Tags: , ,

About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

Leave a Reply

Your email address will not be published. Required fields are marked *