Scope: “Housing for All” Mission for Urban Area by 2022
Affordable Housing: Housing projects where 35% of the houses are constructed for Economic Weaker Section (EWS) category
Coverage: All 4041 statutory towns as per Census 2011 will focus on 500 Class I cities will cover in three pha...
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, ...
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 ...
For construction of residential house on land already owned.
For purchase of New/Old/Unfinished house/flat and renovation/extension/repair of the same.
For purchase of plot and construction of house thereon.
For renovation/extension/repair of residential house already owned.
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...
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...
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...
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: 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 ...
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 ...
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...