Purpose – Construction /Purchase of House/flat; take over of loan availed for housing; purchase of site and construction of house; repairs /renovation./extension of an existing house Eligibility – Individuals who are resident Indians and aged between 18-60years and who have sufficient income to repay the loan subject to following conditions applicants should be properly… Read More »
A recent press report said that the country’s second largest private sector lender HDFC Bank today opened its first branch in Leh, one of the highest locations in the world, and plans to add about 600 branches across the country during the current fiscal. HDFC Bank offers a wide range of commercial and transactional banking… Read More »
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 »
Objectives: CSCC aims at prevailing adequate and timely credit i.e. Working Capital/or block capital or both to small artisans, handloom weavers, Service sectors, fishermen, Self employed persons, Rickshaw owners, SHGs and other micro entrepreneurs, etc., for the banking system in a flexible, hassle free and cost effective manner. The facility may also include a reasonable… Read More »
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 »
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 »
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 »
A recent press report said that the government has directed public sector banks to process loan applications within three months, which is a move aimed at boosting economic activities. A senior public sector bank official told the press that the banks have received letter from the Finance Minister indicating time-limit for processing of loans. He… Read More »
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 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 »