WEAVER CREDIT CARD (WCC) SCHEME

Purpose

To provide credit to the weavers to meet their credit requirement – working capital or term loan or both.

Eligibility

 All weavers and ancillary workers involved in weaving activities.

Age

Minimum 21 years ; Maximum: 65 years

Maximum Limit

Rs 2.00 lakh

Margin

  • For limit up to Rs 25,000 : NIL
  • For limit above Rs 25,000 : 20%

Interest Rate 

As per Bank's guidelines.

Useful Links

RBI NABARD IBA BCSBI NPCI Rupay