Chikmagalur Kodagu Grameena Bank – Chiko Vidya

Purpose –           To offer financial education to deserving students of the country to pursue higher education Eligibility –           A Student who has completed previous qualifying examinations/Secured admission to Professional/technical courses through entrance test /selection process /secured admission to university /institution and whose parents should have minimum annual income of Rs,.50000/- will be eligible for loan… Read More »

Nupur Mitra has taken charge as the new CMD of Dena Bank

A recent press report said that the Centre has appointed Ms. Nupur Mitra as Chairman and Managing Director of Dena Bank. Reports said that she will assume charge on November 1. Reports said that Ms. Mitra will replace Mr. D.L. Rawal, who is supposed to superannuate on October 31. Ms. Mitra is currently the Executive… Read More »

SBI has said that Interest rates will remain high

A recent press report said that State Bank of India (SBI) has said that lending rates would continue to stay upward in the wake of growing inflation. Mr. Pratip Chaudhuri, Chairman, SBI told the press that the interest rates are likely to remain high because of the high inflation. He said that the Reserve Bank… Read More »

Chikmagalur Kodagu Grameena Bank – Professionals for Purchase of Office Premises

Purpose                      – To finance acquisition of office premises for self-occupation by /of the Registered Medical Practitioners, Practicing Advocated, chartered Accounts, Company Secretaries, Consulting Engineers and Architects. Type of loan               – Long Term Eligibility                     – Professionals, Individual or jointly or a partnership firm having an established practice with a minimum experience of three years, in the… Read More »

Chikmagalur Kodagu Grameena Bank – NSCS

Chikmagalur Kodagu Grameena Bank was established in the year of 1984 under the RRB Act1976. The Bank is named after the Districts Chikmagalur and Kodagu where the operational network is spread. The Bank is sponsored by the Corporation Bank a premier public sector Bank. The Bank has its Head Office at Chikmagalur, Karnataka State. The… Read More »

Chikmagalur Kodagu Grameena Bank- Mango Cultivation

Chikmagalur Kodagu Grameena Bank was established in the year of 1984 under the RRB Act1976. The Bank is named after the Districts Chikmagalur and Kodagu where the operational network is spread. The Bank is sponsored by the Corporation Bank a premier public sector Bank. The Bank has its Head Office at Chikmagalur, Karnataka State. The… Read More »

Chikmagalur Kodagu Grameena Bank – Loan against Jewels

Purpose –           Any purpose of the customer   Eligibility –           Any Individual for Agriculture and Non-Agriculture sector Repayment –           Repayable within 24 months along with interest compounded quarterly in case of Non-Agree; Loans and compounded yearly in case of AGJL Appraising of Security –           Gold ornaments to be taken as security should be appraised appointed… Read More »

Chikmagalur Kodagu Grameena Bank – Chiko Mortgage (C-MORT)

Purpose                      – To meet personal expenses like for marriage, medical, education etc Nature of Facility –           Demand loan/Term loan Eligibility                     – Individuals in the age group of 18 to 60 years owning residential/commercial property (non agricultural land and /or building; Net monthly income of Rs.10000/- for salaries individuals and net annual income of Rs. 1,20,000/-… Read More »