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
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
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...
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...
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...
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...
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...
Purpose
Loan granted by the Bank to the SHGs for income generation activities, social needs like housing, education, marriage, etc. and debt swapping etc.
Target Group
Business Facilitators, NGOs, Farmers Clubs, Farmers Associations, Panchayat Raj Institutio...
Purpose
Loans under the Bank’s Home Loan Scheme may be granted to individuals to enable them to:
Purchase a plot of land and construction of house thereat
Only purchase of land
Purchase /construct a new house
Purchase an existing (old) house /or extend an existing house
Repair or...
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...