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...
(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...
Purpose
To generate employment opportunities in rural as well as urban areas through setting up of self-employment ventures;
To provide continuance & sustainable employment to a large segment of traditional and prospective artisans and unemployed youth, so as to help arrest migra...
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 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...
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...
Meghalaya Rural Bank’s Internet banking facility is an online banking facility that can be accessed from the website. You need to register at the branch where you hold an account to avail the MRB Internet Banking services. After the services are enablled from the branch level, one can register thems...
On April 8, 2015 the Hon’ble Prime Minister launched the Pradhan Mantri MUDRA Yojana (PMMY) with a mission to create an inclusive, sustainable and value based entrepreneurial culture.
The scheme aims at providing loans to Small Business activities under Manufacturing, Service, Small Business and Tr...
Objective
Seeing the recent all round growth of new multiplex structures and shopping complexes in urban and metro centres“MRB Shoppe Plus” has been devised to tap the potential available for financing:
the purchase of premises for new or old shops/establishments/offices by SMEs, SSS...
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...
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...
Purpose
To meet any kind of credit requirements of SSI units, tiny units, village industries, retail traders, professionals & self-employed
Age
Minimum 21 years ; Maximum: 65 years
Eligibility
Customers of the following segments with a satisfactory track ...