Target Group: Traders working individually, firms (Proprietorship/Partnership), companies dealing in any lawful trading activity or Business concerns/agencies providing service, retail traders, manufacturing units, transport operators, artisans, SSI and tiny units etc.
Purpose: Purchase o...
Purpose: To provide hassle free credit to borrowers in trade and services sector who are willing to furnish mortgage of land and building of adequate value.
First generation entrepreneurs as well as promoters of existing units for the purpose of setting up of new units.
Purpose: To provide credit to the weavers to meet their credit requirement – working capital or term loan or bothEligibility: All weavers and ancillary workers involved in weaving activities.
For limit up to Rs 25,000 : NILFor limit above Rs 25,000 : 20%Maximum limit: Rs 2.0...
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...
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.
The Interest ...
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
Purpose: It aims at providing financial support from the naming system to poor and meritorious students for pursuing higher education in India and abroad.
Eligibility: Indian National who has secured admission to professional/technical courses in recognized institutions in India or Abroad...
Objective: To provide time and adequate credit to farmers to meet the production credit needs (cultivation expenses) besides meeting contingency expenses subject to 20% of the peak credit limit without any maximum limit (medical expenses, education expenses for children, marriage, funerals, bir...
Purpose: General purpose for purchase of consumer durables, marriage, family function, medical, travel expenses etc except for speculative activities.
Eligibility: Permanent Employee of the State/Central Government and PSUs, Corporations, Private Sector Companies, Reputed Establishments, ...
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 ...
Scheme launched in: 1972
Objective: Credit support to Poorest of the poor and to bring them above Poverty Line
Eligibility: Individuals whose annual family income do not exceed Rs 18000 in Rural areas & Rs 24000 in semi-urban areas. Individual whose land holding does not exceed ...
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...