Purpose – To promote sustainable livelihood in rural areas by way of providing credit support for construction of new structures for the purpose of accommodation of tourists, Credit support for expansion and repair or renovation of existing accommodation etc, Eligibility – Individuals, Associations of service providers in cluster, NGOs/Voluntary agencies/PRIs, Cooperative Societies, Public Bodies,… Read More »
Purpose: This home loan finance acquiring a house, purchase of constructed house, flat, construction of house and switching over of the existing housing loan. Eligibility: Professionals, businessmen, salaried employees and self employed are eligible to get this home loan. The applicant borrower must open Savings Bank / Current Account. The borrower should have exclusive banking… Read More »
The Bank was established by amalgamating four regional rural banks sponsored by State Bank of Hyderabad, viz. 1) Sri Saraswathi Grameena Bank, Adilabad 2) Sri Satavahana Grameena Bank, Karimnagar 3) Sri Rama Grameena Bank, Nizamabad and 4) Golconda Grameena Bank, Ranga Reddy (Hyderabad) with an aggregate net work of 215 branches. The area of operation… Read More »
PURPOSE – To provide term loan for purchase of power tools & need based working capital for Auto Mechanics for serving & repairs, electricians for servicing & repairs, plumbers for sanitary servicing & repairs, carpenters and wood workers etc ELIGIBILITY – All artisans and self employed persons who are engaged in the field of… Read More »
Purpose: This personal loan finances higher education. Quantum of Loan:The maximum loan amount is Rs. 10 lakh. The minimum loan amount is Rs. 10,000 for studies in India and Rs. 50,000 for studies abroad. Margin: 90% of the cost of studies in India and 85% of cost of abroad studies is granted as loan. There… Read More »
PURPOSE – To nurture ambitions & aspirations for higher education needs in India or abroad ELIGIBILITY – Any student who is a major representing himself or a minor student represented by parent or guardian of Indian nationality; must have secured admission on the basis of merit to professional or technical or other courses… Read More »
A recent press report said that carmakers in the country are expecting sales to slow down further following the hike in the petrol price of Rs 5 a litre at a time when the market is already reeling under pressure from high interest rates on auto loan. Reports said that the industry players assume there… Read More »
PURPOSE – To offer loans for Micro, Small and Medium manufacturing concerns, Ancillary units, vendors to large manufacturers, agro processing units , for traders, dealers, distributors of consumer products, agricultural inputs, educational institutions, hotels, travel, freight management, small hospitals, call centers, health care units, women entrepreneurs etc. ELIGIBILITY CRITERIA – The credit requirements of… Read More »
PURPOSE – Any genuine business or personal credit requirement excluding for speculative/prohibited purposes ELIGIBILITY – Bonafide owners of commercial or residential property, legally let out on lease/rental agreement to reputed institutions or companies. QUANTUM OF LOAN – Maximum of 75% of rent receivable excluding TDS by owner for whole or part of Lease… Read More »
Gurgaon Gramin Bank is a Regional Rural Bank, sponsored by Syndicate Bank having its Head Office at Gurgaon. It came into existence in the year 1976, and has operations in almost seven districts. The Bank is among the first RRB in the country under various financial parameters. The bank is also having its own Head… Read More »