According to a recent press report HDFC Bank, the second largest private sector bank in the country, has been acknowledged as the ‘Strongest bank in Asia-Pacific’. In a survey conducted by the Asian Banker magazine, the bank has won the honour, beating more than 50 banks across 13 countries in the Asia-Pacific region. As per… Read More »
Purpose: Providing hassle free housing loans to farmers and other rural dwellers to construct new house / repair / renovate/ extend existing house (not older than 15 years) including the cost of work shed leading to income generating activities such as dairy shed etc. Eligibility: All farmers, entrepreneurs, artisans, business people, employees etc (in the… Read More »
Purpose: This loan provides financial assistance to farmers having Contract Broiler Farming arrangements. Construction of poultry shed, feed room and purchase of equipment etc. Eligibility: Existing and new poultry farmers with experience and having undergone training in poultry farming, with adequate land and water resources or SHGs possessing land in the groups’ name with water… Read More »
Purpose: This loan finances farmers for mechanization process and also for minor irrigation schemes. Eligibility: This loan can be availed by farmers. Quantum of Loan: The maximum amount that is granted as loan depends on unit cost which is decided based on the crop pattern and the land holding of the applicant. Margin: There is… Read More »
According to recent press reports UCO Bank is expected to exceed its target of Rs 2.45-lakh crore business set in 2010-11. The bank officials said that the bank is expecting its credit to grow by 20 per cent and deposits by 18 per cent. Mr.Ajai Kumar, Executive Director of UCO Bank said that the bank… Read More »
Andhra Pradesh Grameena Vikas Bank was formed on 31st March 2006 following a merger of 5 banks with SBI sponsorship. Andhra Pradesh Grameena Vikas Bank with 524 branches has its headquarters in Warangal. Purpose: This loan finances personal needs like purchase of Agricultural equipment, purchase of livestock, maintenance of crops and repayment of outside debts… Read More »
Purpose: This is yet another loan scheme to finance the needs of farmers. Eligibility: Any farmer who is a Sharda Kisan Credit Card Holder, and has been regularly repaying the loan for last 3 years is eligible for this scheme of loan. Quantum of Loan: The maximum amount that can be granted as loan under… Read More »
Purpose: This loan finances students with educational merit for higher education in India or abroad. Eligibility: Any student going for courses having employment prospects are eligible for this personal loan. Quantum of Loan: For studies in India, a maximum amount of Rs. 7.5 lakhs is granted as loan. For studies abroad, the maximum amount granted… Read More »
Purpose: This loan finances the farmers for purposes like Crop Production & also to meet out their personal & consumption needs to some extent. Eligibility: All categories of farmers, who are permanently residing within the radius of 10 kilometers of the branch and owning any size of Agricultural land, according the land ceiling act… Read More »
Purpose: This loan provides credit for farmers for various needs. Eligibility: Farmers, who own land, or part holders of land, can avail this loan. Those who are joint owners of land can avail this loan, in the joint name. Quantum of Loan: Up to maximum of Rs. 3 lakhs is granted as loan.… Read More »