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Loan Schemes.

 

Shubh Mangal Loan

1

Rate of Interest

11.50 % P.A. ( For society & Members)

1% concession in rate of interest if the

bride  is handicapped

2

Period

6 Years

1 Years moratorium period

( 5 yearly installments)

3

Eligibility

Rs.5000 per acre for  dry land (un irrigated )

Rs.10,000 per acre for wet land (irrigated)

Loan is for the purpose of conducting the marriage of the daughter of the farmer. 

Loan is sanctioned to the farmers through the respective PACS

4

Documents

  1.     Prescribed application form

2.     The daughter of the farmer should be more than 18 years (age proof document mandatory)

3.     7/12 extract, 8 A, declaration  with sign & stamp

4.     No dues certificate of concern area branches

5.     Society resolution & branch recommendation