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...
Target Group
Any farmer, Agricultural labourers, Self-Help Groups (SHGs), Joint Liability Groups (JLGs).
Age
Minimum 21 years ; Maximum: 65 years
Loan Amount
No Minimum or Maximum limit of land amount. However, loan amount will depend on the actual cost of tr...
NRLM is a flagship programme of GOI for promoting poverty reduction through building strong institutions of the poor, particularly women and enabling them to access a range of financial & livelihood services. The scheme was launched w.e.f. April 1, 2013 by restructuring & replacing SGSY.
Fo...
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...
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. You will receive the MRB Internet Banking Starter Kit from the Bank upo...
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...
For Individual Applicant
Eligible Criteria: STs with annual family income up to Double the Poverty Line
Rural area: DPL income up to Rs 98000/family
Urban area: DPL income up to Rs 120000/family
Purpose: For productive purposes only
Type of Loan: Term loan only
Margin:
For loan upto Rs...
Objective
This scheme provides hassle free finance to borrowers in trade and service sector who are willing to furnish mortgage of property of adequate value, for acquiring fixed assets needed for business purposes and/or for build-up of inventory/current assets.
Age
Minim...
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...
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...
Purpose
To meet all kinds of credit requirement for setting up Greenfield projects under manufacturing, services or the trading sector SC/ST and/or woman entrepreneurs.
Eligibility
SC/ST and/or woman entrepreneurs above 18 years of age
Loans under the scheme is available fo...