To make the small and marginal holdings economically viable by bringing fallow lands and waste lands under cultivation and by stepping up agricultural production and productivity.
To finance the share croppers / tenant farmers to purchase land to enable them to increase th...
(FOR FINANCING MEDICAL PRACTITIONERS)
The scheme envisages financing to qualified medical practitioners for
Setting up clinics or clinic-cum-residence, etc.
Purchase of vehicles, ambulance, computers
Expansion/renovation/modernisation of existing premise...
Loans under the Bank’s Home Loan Scheme may be granted to individuals to enable them to:
Purchase a plot of land and construction of house thereat
Only purchase of land
Purchase /construct a new house
Purchase an existing (old) house /or extend an existing house
Loan granted by the Bank to the SHGs for income generation activities, social needs like housing, education, marriage, etc. and debt swapping etc.
Business Facilitators, NGOs, Farmers Clubs, Farmers Associations, Panchayat Raj Institutio...
Mortgage loan utilized for marriage/medical treatment/education/ foreign travel .
The proceeds of loan is not to be used for acquisition/ development of land or construction of building space or for any speculative purpose including speculation on real estate and capital mark...
The product is a pre-approved term loan facility with option of multiple disbursements for multiple purposes. The product is aimed at facilitating growth among well rated existing customers.
Minimum 21 years ; Maximum: 65 years
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...
General Features of JLGs
A Joint Liability Group (JLG) is an informal group comprising a 4-10 individuals coming together for the purpose of availing Bank Loan on individual basis or through Group mechanism against mutual guarantee. Generally, the members of a JLG would engage in a simi...
Savings accounts are generally for money that you don't intend to use for daily expenses. Meghalaya Rural Bank savings accounts is a more financially advantageous solution to keep unneeded funds. In addition, savings accounts offer liquidity and make it very easy to access your funds.
NRLM is a flagship programme of GOI for promoting poverty reduction through building strong institutions of the poor, particularly women and enabling them to access a range of financial & livelihood services. The scheme was launched w.e.f. April 1, 2013 by restructuring & replacing SGSY.
Cultivation of Plantation and Horticulture crops, Plough Bullocks, Minor Irrigation, Land Development etc.
Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).
Purchase or construction of a new house / without mortgage of land
Purchase of an existing (old) house / which is not more than 10 years old (In a certificate on the condition of the house to be given by a structural engineer or Govt. approved architect should be taken)