Purpose – To purchase New Car/Van/Jeep, Old car/van/jeep which is not older than three years Eligibility – Individuals; Business concerns (corporate or non-corporate), Farmers having irrigated land holding of 10 acres and above are eligible unlike other car loan Quantum of Loan – For individuals: 25 times their Net Monthly Salary / Income or Rs.7… Read More »
Purpose – For subsidiary activity: Investment credit will be provided in the shape of medium term loan for acquiring fixed assets whereas production credit will be given to meet the working capital requirements in the shape of Short Term Loan. Investment credit will be provided as medium term loan whereas production credit will be given… Read More »
Purpose – Financing individuals for purchase of good quality high yielding milch animals, viz., cows/buffaloes or cross bred cows for milk production. Financing individuals for purchase and rearing of calves’ up to the stage of first lactation. Eligibility – Individual borrowers undertaking dairying as subsidiary activity, individual borrowers undertaking commercial dairy as main activity etc… Read More »
Purpose – Loan against mortgage of immovable property located in urban/Semi-Urban Centres /Rural Areas Eligibility – Employees of Central/State Govt./Schools/Colleges/Public Sector Undertakings (PSUs)/Reputed Corporates for meeting their personal needs; Business Enterprises for meeting their business needs; Schools/Educational Institutions provided the activity is commercially viable, cash flow is satisfactory and sufficient surplus is available for repayment… Read More »
Purpose – The home loan is offered for the construction of the House or purchase of house/flat. Loan can also be extended for purchase of land/plot for house building Eligibility – Individuals; Joint owners are also eligible Extent Of Loan – Need-based loan, maximum of Rs.15 lakhs, in rural, semi-urban and in urban areas for… Read More »
The Farm Mechanization scheme is offered by the bank for Purchase of Farm, Machinery and Repair/Renovation of Tractors and Power tillers Purpose – Loan is sanctioned for Purchase of new tractors and matching implements/equipments, purchase of new power tillers, purchase of second hand tractors with matching implements, purchase of agricultural machinery, and repair/renovation of tractors. Eligibility … Read More »
Purpose The Scheme enables all type of needy students viz., students of +2 stage, Graduation courses – B.A., B.Com., B.Sc., etc., Post-Graduation courses, Masters in Ph.D; Professional courses, , Computer Certificate courses of reputed Institutes accredited to Department of Electronics or institutes affiliated to University etc Eligibility – Should be an Indian National. Secured admission… Read More »