rbi rbi rbi


The Bank offers the following attractive loan schemes to individuals who are its customers.

Production credit (Kharif and Rabi Crop Loans)

Cash credit to Societies and businesses

This facility extended is provided in the nature of cash credit limit for facilitating continuous operation based on the day-to-day business needs.

Maximum Amount – 25 Lakhs

Repayment Period – Renewal Every Year

Rate Of Interest – 13.5%

Security – Mortgage

Vehicle loans

Loan for purchase of Two wheeler and Four wheelers is provided to Self employed entrepreneurial as well as salaried customers of the Bank for their personal use at attractive rates of interest and Repayment Periodranging upto 60 months.

Maximum Amount – 10 Lakhs

Repayment Period – 5Years

Rate Of Interest – 13.5%

Security – Mortgage

Education loans

The Bank is providing loans to students/parents of students for pursing professional courses like Engineering, Medicine, Computer Education and other courses including technical courses/job oriented courses. The loan is repayable at attractive Rate Of Interest and easy repayment period.

Maximum Amount – 5 Lakhs

Repayment Period – 5 Years

Rate Of Interest – 13.5%

Security – Mortgage

Housing loans

The Bank offers attractive Housing Loan Scheme for construction of a new house/flat as well as extension to existing house. A Comfortable Repayment Periodof 10 years for the loan is provided. No hidden charges

Maximum Amount – 25 Lakhs

Repayment Period – 10 Years

Rate Of Interest – 13.5%

Security – Mortgage

Gold Loans

The Gold Loans against pledge of gold ornaments are available at all branches of the Bank.

Maximum Amount - 7.5 Lakhs Per Member

Amount OF Rs.2100.00 PER Gram

Interest Rate - 12% Per Annum

Interest @ Rs.1.00 Per Month

Loans & Advances:

Seasonality Lending Recovery Due date
Khariff 2017 01.04.2017 to 30.09.2017 31.03.2018
Rabi 2017-18 01.10.2017 to 31.03.2018 30.06.2018