Digital Insta Savings Account features and criteria:
TARGET CUSTOMERS
· The facility will be made available for “Resident Individual” customer only over 18 years of age.
· NRE/NRO/FCNR accounts c...
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...
Purpose
Cultivation of short-term crops (Short Term Seasonal Agricultural Operations) and meeting contingency expenses subject to 20% of the peak credit limit.
Target Group
All farmers, individuals (singly or jointly), tenant farmers, oral lessees, share croppers, SHGs and...
Purpose
Personal loan is granted for family function, marriage/medical treatment/education/ or any other general purpose except for speculative activities.
Eligibility
Permanent employees of the State/Central Government and PSUs, Corporations, Private Sector Companies, Rep...
Purpose
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...
Objective
Credit support to Poorest of the poor and to bring them above Poverty Line
Eligibility
Individuals whose annual family income does not exceed Rs 30,000/- in Rural areas & Rs 60,000 in urban & semi-urban areas.
Individual whose land holding does not excee...
Purpose
It aims at providing financial support 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 through ...
Purpose
To meet expenses related to any festival.
Age
Minimum 21 years ; Maximum: 65 years
Eligibility
Permanent employees of the State/Central Govt. and PSUs, Corporations, Private Sector Companies, Reputed Establishments, Professionals and Self Employed and...
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
All types of Allied Activities such as Dairy, Poultry, Piggery, Goatery, Duckery, & Fisheries etc.
Target Group
Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).
Age
Minimu...
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...