.
Shubh Mangal Loan
1
Rate of Interest
08.00 % 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.20000 per acre for dry land (un irrigated )
Rs.30,000 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 their 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 Banks
5. Society resolution & branch recommendation
