Loan Quantum
per group - minimum 1,50,000/- and maximum loan 20,00,000/-(initially savings should be done for minimum six months to draw the loan)
Loan Schemes
SELF HELP GROUP LOANS
Self Help Groups Loans
Purpose - for women entrepreneurs group (members- min 10 and max 20)
Nature of facility - Single Transaction Limit
Eligibility
Age Limit - minimum 18 years and max 60 years
Repayment Period
1 year for first disbursement, 24 months for second disbursement and later 36 months.
Interest
SERP(rural areas)- upto 3 lakhs 7% , 3-5 lakhs 8% and above 5 lakhs 13% MEPMA(urban areas)- upto 3 lakhs 11.50%, above 3 lakhs 13%
Service charges
No service charges
Security
No collateral upto 10 lakhs, for above 10 lakhs 10% advance share capital to be paid
Crop Loans – Short term SAO
Crop Loans – Short term SAO
Purpose - Crop loans to individual farmers through CKCC
Nature of facility - Single Transaction Limit
Eligibility
Age Limit - minimum 18 years and max 65 years
Loan Quantum
Maximum 3 lakhs
Repayment Period
1 year
Interest
upto 1 year - (dccb to pacs 5.75%, pacs to member 7%) *** 3% interest subvention(central govt) for loan amount upto 3 lakhs prompt repayment below 1 year and 4% interest subvention(state govt) for loan amount upto 1 lakhs prompt repayment below 1 year***
Service charges
No service charges
Security
No Collateral security upto 1.60 lakhs and above 1.60 lakhs documents required are 1 B, Adangal, Original Title deed, Original Document, E Crop certificate.
PM Swanidi
PM Swanidi
Purpose - Loans to Street vendors
Nature of facility - Single Transaction Limit
Eligibility
Age Limit - minimum 18 years and max 65 years
Loan Quantum
Minimum 10,000/- and maximum 50,000/-
Repayment Period
upto 10,000/- - one year, 10,000/- to 20,000/- - 18 months, above 20,000/- - 36 months
Interest
Interest - 12%
Penal Interest - 2%
Service charges
No service charges
Security
No security/CGTMSE coverage
PM AWAS YOJANA
PM AWAS YOJANA
Purpose - Housing partnership to economically weaker section
Nature of facility - Multiple phase
Eligibility
Age Limit - minimum 18 years and max 70 years
Loan Quantum
upto 300 sft - Rs.264500/-, Upto 365 sft- Rs.315000/- and upto 430 sft - Rs 3,65,000/-
Repayment Period
240 EMIS (The age of a customer at the time of loan completion is 70 years or repayment Period, whichever is early)
Interest
Interest - 12%
Penal Interest - 2%
Service charges
No service charges
Security
Mortgage deed
Housing Loans to Individuals
Housing Loans to Individuals
Purpose - Loans to individuals’ for house construction, purchase of ready built house
Nature of facility - Multiple phase
Eligibility
Age Limit - minimum 21 years and max 60 years
Loan Quantum
Maximum 40,00,000/-
Repayment Period
15 years or (The age of a customer at the time of loan completion is 75 years or repayment period, whichever is early)
Interest
Interest - 11%
Penal Interest - 2%
Service charges
0.2% +GST (min 2000/-and max 5000/-)
Security
Mortgage deed
House Repair Loans for Individuals
House Repair Loans for Individuals
Purpose - Loans to individuals’ for repairs of existing house
Nature of facility - Single Transaction Limit
Eligibility
Age Limit - minimum 21 years and max 60 years
Loan Quantum
maximum 5,00,000/-
Repayment Period
15 years or (The age of a customer at the time of loan completion is 75 years or Repayment period, whichever is early)
Interest
Interest - 11%
Penal Interest - 2%
Service charges
0.2% +GST (min 2000/-and max 5000/-)
Security
Mortgage deed
Sahakara Mortgage Loans
Sahakara Mortgage Loans
Purpose - Loans to individuals on existing house for various purposes like medical treatment, Education, repairs to house, trade activities
Nature of facility - Single Transaction Limit
Eligibility
Age Limit - minimum 21 years and max 60 years
Loan Quantum
maximum 25,00,000/-
Repayment Period
5 years or (The age of a customer at the time of loan completion is 65 years or Repayment period, whichever is early)
Interest
Interest - upto 5,00,000/- -12% above 5 lakhs upto 25 lakhs 12.5%,
Penal Interest - 2%
Service charges
0.2% +GST (min 2000/-and max 5000/-)
Security
Mortgage deed
Gold Loans
Gold Loans
Purpose - Loans to individuals against pledge of gold ornaments
Nature of facility - Single Transaction Limit
Eligibility
Age Limit - Minimum 18 years and max 70 years
Loan Quantum
Maximum 20,00,000/- per Individual (per gram rate : 4925/-for 22 ct ornaments and 5000/- for Hallmarked ornaments)
Repayment Period
Interest repayment (upto one lakh - 1 year, 1-2 lakh half yearly and above 2 lakh yearly )
Interest
Interest - Upto 1 lakh- 9.5%, 1 lakh to 5 lakh - 9.75% , above 5lakh -10%
Penal Interest - 2%
Service charges
Appraiser charges - 3/- for 1000 and maximum 500/-
Security
Gold ornaments
Vande Bharat Gold Loans
Vande Bharat Gold Loans
Purpose - Loans to individuals against pledge of gold
Nature of facility - Single Transaction Limit
Eligibility
Age Limit - Max 70 years
Loan Quantum
Maximum 20,00,000/- per Individual (per gram rate : 4500/- for hallmarked ornaments)
Repayment Period
3 months
Interest
Interest - 10%
Penal Interest - 2%
Service charges
Appraiser charges - 3/- for 1000 and maximum 500/-
Security
Gold ornaments
Education Loan
Education Loan
Purpose - Loans to pursue higher studies (Graduation and above) for students studying within the Country
Nature of facility - Multiple phase
Eligibility
Age Limit - 18 years above
Loan Quantum
Minimum Rs.3,00,000/- to Maximum Rs.25,00,000/-
Repayment Period
Interest should be repaid every 6 months and total loan repayment should be made after 6months from completion of studies
Interest
Interest - 10%
Penal Interest - 2%
Service charges
0.50% +GST (min 2000/- and max 6000/-)+GST
Security
Mortgage of the property situated within the district
Cash Credit to weaver societies
Cash Credit to weaver societies
Purpose - Cash credit Loans to weaver societies
Nature of facility - CC/OD
Eligibility
Age Limit - NA
Loan Quantum
depending upon PACs business
Repayment Period
1 year
Interest
Own funds- 12%
NABARD refinance -10.5%
Service charges
NA
Security
Hypothecation of stock
MPFC GODOWNS
MPFC GODOWNS
Purpose - Loans towards Multi-Purpose Facilitation Center Godowns for PACS
Nature of facility - Term loan
Nature of funds - NABARD/AIF
Eligibility
Age Limit - NA
Loan Quantum
Multiple , 500MT- 45 lakhs, 1000MT- 85 lakhs
Repayment Period
7 YEARS (INCLUDING MORATORIUM PERIOD OF 2 YEARS)
Interest
4% (If repaid within due date, 3.5% interest subvention)
Service charges
NA
Security
Government Guarantee at APCOB Level
LT LOANS
LT LOANS
Purpose( Branch direct ) - AGRI ALLIED ACTIVITIES (PURPOSES PROPOSED BY NABARD)
Purpose( Through PACS ) - AGRI ALLIED ACTIVITIES (PURPOSES PROPOSED BY NABARD)
Nature of facility - Term Loan
Eligibility
Age Limit( Branch direct ) - Min 18 years, max 65 years
Age Limit( Through PACS ) - Above 18 years
Loan Quantum
depending upon NABARD unit costs
Repayment Period
3-9YRS
Interest
Branch direct - 13%, PENAL 2%
Through PACS - 11.50% , Penal 2%
Service charges
Branch direct - 0.10%+GST (MIN 500+GST, MAX 5000+GST)
Through PACS - 0.10% + GST
Security
AGRI LAND
ST OTHERS
ST OTHERS
Purpose( Branch direct ) - AGRI ALLIED ACTIVITIES
Purpose( Through PACS ) - AGRI ALLIED ACTIVITIES
Nature of facility - CC/OD
Eligibility
Age Limit( Branch direct ) - 18-65 years
Age Limit( Through PACS ) - AS PER PACS BY LAW
Loan Quantum
Branch direct - 17,00,000
Through PACS - 10,00,000
Repayment Period
1 year
Interest
Branch direct - 14%, PENAL 2%
Through PACS - 12.50% , Penal - 2%
Service charges
Branch direct - 0.10%+GST (MIN 500+GST, MAX 5000+GST)
Through PACS - 0.10%+GST (MIN 500+GST, MAX 5000+GST)
Security
AGRI LAND
RythuNestham
RythuNestham
Purpose( Branch direct ) - Agri activities agriculture (marriage, education, health, etc…)
Purpose( Through PACS ) - Agri activities agriculture (marriage, education, health, etc…)
Nature of facility - TERM LOAN
Eligibility
Age Limit( Branch direct ) - 18-65 years
Age Limit( Through PACS ) - AS PER PACS BY LAW
Loan Quantum
Branch direct - 36,00,000
Through PACS - 20,00,000
Repayment Period
10 years
Interest
Branch direct - 13%, PENAL 2%
Through PACS - 11.50% , Penal - 2%
Service charges
Branch direct - 0.10%+GST (MIN 500+GST, MAX 5000+GST)
Through PACS - 0.10%+GST (MIN 500+GST, MAX 5000+GST)
Security
AGRI LAND
KCC Working Capital Loans
KCC Working Capital Loans
Purpose - for AH/Fisheries
Nature of facility - Single transaction limit
Eligibility
Age Limit - 18-65 years
Loan Quantum
1,60,000
Repayment Period
1 year
Interest
DCCB to PACS 5.75%, PACS to Borrower 7% (**3% claim if repaid within duedate)
Service charges
NA
Security
NO
Agri professionals
Agri professionals
Purpose - for tenant farmers
Nature of facility - Single transaction limit
Eligibility
Age Limit - 18-65 years
Loan Quantum
1,00,000
Repayment Period
1 year
Interest
Interest - 12%
Penal interest - 2%
Service charges
NA
Security
NO
JLG
JLG
Purpose - Group of tenant farmers / same activity (group of 4 to 10 members)
Nature of facility - Single transaction limit
Eligibility
Age Limit - 18-65 years
Loan Quantum
1,00,000 to 5,00,000 maximum per group
Repayment Period
1 year
Interest
Interest - 12%
Penal Interest - 2%
Service charges
No
Security
NO
Mudra weavers
Mudra weavers
Purpose - Loans to individual for weavers activity
Nature of facility - Single transaction limit
Eligibility
Age Limit - 18-55 years
Loan Quantum
50000/- per individual
Repayment Period
1 year
Interest
Interest - 14%
Penal Interest - 2%
Service charges
NA
Security
NO
PMEGP
PMEGP
Purpose - Under Prime Ministers Employment Generation Programme we offer Loans to Individuals to setup projects MSME loans
Nature of facility - Term loan
Repayment period
| Amount | Moratorium | Repayment | Total |
|---|---|---|---|
| Upto 5 lakhs | 6-3 months | 30-33 months | 36 months |
| 5-20 lakhs | 6-3 months | 54-57 months | 60 months |
| 20-40 lakhs | 6-3 months | 78-81 months | 84 months |
Loan Quantum
depends upon the type of the project(40% Back end subsidy, 10% margin money and 50% bank loan)
Security
Collateral security/CGTMSE
Interest
Interest - 12%
Penal Interest - 2%
Service charges
1% or 10000 +GST whichever is less, Share capital -5%
PMFME (MSME)
PMFME (MSME)
Purpose - Under Pradhan Mantri Formalisation of Micro food processing Enterprises (PMFME) Schemewe offer Loans to Individuals to setup Food processing Industry - MSME loans
Nature of facility - Term loan
Repayment period
| Amount | Moratorium | Repayment | Total |
|---|---|---|---|
| Upto 5 lakhs | 6-3 months | 30-33 months | 36 months |
| 5-20 lakhs | 6-3 months | 54-57 months | 60 months |
| 20-40 lakhs | 6-3 months | 78-81 months | 84 months |
Loan Quantum
depends upon the type of the project (35% Back end subsidy, 10% margin money and 55% bank loan)
Security
Collateral security/CGTMSE
Interest
Interest - 12%
Penal Interest - 2%
Service charges
1% or 2000 +GST whichever is less , Share capital -10%