(Loan to Farmers Indebted to Money Lenders)
Purpose
To provide relief and remove debt burden of identified, actually distresses farmers who are under heavy burden of debt from non-institutional source (i.e. money lenders) by providing them loan for debt redemption. This is a loan given...
Objective
Financing to
Primary and Higher secondary schools.
Graduation, Under-Graduation and Post-Graduation colleges
for the purpose of
Purchase of land for building / play ground
Construction of school building / auditorium
Repair / renovation of existing building
Purcha...
Purpose
Cultivation of Plantation and Horticulture crops, Plough Bullocks, Minor Irrigation, Land Development etc.
Target Group
Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).
Age
Mi...
(FOR FINANCING MEDICAL PRACTITIONERS)
Purpose
The scheme envisages financing to qualified medical practitioners for
Buying equipments
Setting up clinics or clinic-cum-residence, etc.
Purchase of vehicles, ambulance, computers
Expansion/renovation/modernisation of existing premise...
Purpose
To purchase a new passenger cars, jeep, Single or Multi Utility Vehicles (MUVs) and SUVs for personal use.
Age
Minimum 21 years ; Maximum: 65 years
Eligibility
Permanent/ regular employees of State/Central Govt., Public Sector Undertakings (PSUs), P...
Purpose
This scheme aims at providing adequate and timely assistance to the businessman/ artisans to meet their credit requirements both for investments as well as for working capital in a flexible manner and at reasonable rate of interest.
The facility will be extended by way of a rev...
All Individuals singly or jointly, or professionals are eligible to open these accounts.
Customers should have valid KYC documents
Mode of Operation: Single/Jointly/Either or Survivor/ Former or survivor, Later or survivor, etc.
Type of Deposit
Minimum Balance (in Rs)
Mode of Op...
Objective
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.
Age
Minimum 21 years ; Maximum: 65 years
Target Group
Al...
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.
Age
Minimum 21 years...
Term deposits, also known as time deposits, are investment deposits made for a predetermined period of time, ranging from a few months to several years. The depositor receives a predetermined rate of interest on the term deposit over the specified time period. Funds deposited for longer time periods...