Nainital-Almora Kshetriya Gramin Bank (NAKGB) was established on 26th March, 1983. It is sponsored by Bank of Baroda. Presently the bank has over 58 branches across 4 districts of Uttarakhand, Udham Singh Nagar, Nainital, Bageshwar and Almora.
The bank aims to provide banking facilities in rural area and provide financial assistance particularly to small, marginal, landless labourers and other weaker sections. NAKGB is a joint venture of Government of India, Government of Uttarakhand and Bank of Baroda. NAKGB has its headquarters situated in Nainital.
Purpose: This loan finances purchase of Solar Energy Equipments.
Eligibility: This personal loan can be availed by any individual who has sufficient capacity to repay the loan.
Nature of Loan: This is Term loan scheme.
Quantum of Loan: Up to a maximum of 85% of cost of system and accessories is granted as loan under this scheme.