Purpose of the Bank Loan: Loan granted by the Bank to the SHGs is purpose neutral as the group decides the purpose for which loan can be given to its members. As per RBI guidelines, the Banks are expected to meet the entire credit requirements of SHG members for (a) Income generation activities...
Purpose: To meet expenses related to any festival.
Eligibility: Permanent employees of the State/Central Govt. and PSUs, Corporations, Private Sector Companies, Reputed Establishments, Professionals and Self Employed and others having regular source of income from verifiable sources like ...
The rates of Interest for fresh and renewal Term Deposit w.e.f., 05-12-2016 are as hereunder:
Term of deposit
7 days to 14 days
15 days to 45 days
91 - 180 days
Target Group: Any farmer, Agricultural labourers, Self-Help Groups (SHGs), Joint Liability Groups (JLGs).
Tractor: Minimum utilization of 1000 hours of productive work per year in case of Tractor
Power Tiller: In case of Power Tiller a minimum u...
Owners of residential buildings and commercial properties (including private School buildings) in rural, semi-urban and urban areas which are to be rented or already rented to MNCs/Banks/large and medium sized of corporate.
Owners of the property who have rented out their prem...
For Individual Applicant
Eligible Criteria: STs with annual family income up to Double the Poverty Line
Rural area: DPL income up to Rs 98000/family
Urban area: DPL income up to Rs 120000/family
Purpose: For productive purposes only
Type of Loan: Term loan only
For loan upto Rs...
Meghalaya Rural Bank’s Internet banking facility is an online banking facility that can be accessed from the website. You need to register at the branch where you hold an account to avail the MRB Internet Banking services. You will receive the MRB Internet Banking Starter Kit from the Bank upo...
Purpose: To purchase a new passenger cars, jeep, Single or Multi Utility Vehicles (MUVs) and SUVs for personal use.
Individual between the ages of 21 to 65 years.
Permanent/ regular employees of State/Central Govt., Public Sector Undertakings (PSUs), Private Company or a...
Purpose: To provide hassle-free credit to customers from rural and semi-rural centres based on their cash flow without insistence on security, purpose and end-use of the credit. This is in nature of overdraft with no end-use stipulations.
Eligibility: GCC can only be extended to individua...
Launched on 15th August, 2008, PMEGP is a credit linked Subsidy Programme administered by the Ministry of Micro, Small & Medium Enterprises, and Government of India. Khadi & Village Industries Commission (KVIC) is the nodal agency at the national level for implementation of th...
To augment flow of credit to farmers, especially small, marginal, tenant farmers, oral lessees, share croppers/individuals taking up farm activities.
To serve as collateral substitute for loans to be provided to the target group.
To build mutual trust and confidence between bank and...
For customers maintaining regular Savings Bank Account, Meghlaya Rural Bank offers RuPay ATM Debits Cards.
You can enjoy the convenience of going cashless with your Meghalaya Rural Bank Debit Card. You get access to your account whenever and wherever you want. You can use it to purchase goods...