LATEST UPDATES:
***Dear Customers,We in KVG Bank never ask for details like Card Number, Pin Number, Account Number, Date of Birth or any other details over phone or in person. Antisocial elements are trying to elicit information in the name of the Bank or Bank Officials. Hence, we request our esteemed customers not to give any details of their Account, Debit Card orCredit Card. - By Order Branch Manager.***

 Loans

Subject:
VIKAS GRIHA SNEHI SCHEME
Description:

SCHEME FOR SETTING OF THE MODULAR KITCHEN

Purpose

For installtion of the Modular Kitchen.

Eligibility

All women customers who have independent income with minimum of Rs.2.00 lakhs and above p.a. OR jointly with her spouse if they do not have independent incomes. Customers who have availed housing loan with other financial institutions also eligible subject to the regularity of the said accounts.

Quantum

Loan component shall be Minimum of Rs.1.00 lakhs and Maximum of Rs.2.00 lakhs.

Rate of Interest 

10.00% irrespective of the limit.


 Downloads
Subject:
Standardised Loan Application
Description:

Please click on Downloads to open the application form.


 Downloads
Subject:
Present rate of interest on various advances products
Description:

Revised Rate of Interest on ADVANCES

No

Priority Sector Advances

Particulars

REVISED %

1. a

KCC/CROP LOANS/ Pledge (i.e. Produce) Loan– Normal rate of interest.

a. Up to   Rs.1.00 lakhs

11.00

b. Above Rs.1.00 lakh

upto 3.00 lakh

 

12.00

c. Above Rs. 3.00 lakh

12.50

1b

KCC/CROP LOANS – Applicable rate of Interest up to one year from the date of disbursement or due date or date of payment / renewal, whichever is earlier.

a. Up to   Rs.3.00 lakh

7.00

b. Above  Rs.3,00 lakh

12.50

2 a

Agri Term Loans/allied activities (including purchase of Agriculture land, Commercial production of Organic inputs, VikasBahumukha )

a. Up to      Rs. 2.00 lakh

12.00

 

b.  Above  Rs.2.00 lakh -

12.50

2 b

Tractor / Trailer , Agricultural equipments,  irrespective of Loan amount

 With 25% Margin

13.75

3a

Rural Artisans, Cottage Industries, Tertiary Sectors including loan to Retail Traders, Small Business and Other Self Employed, Professionals and Medical Practitioners, Swarojagar Credit Card, Rural Godown, Cold storage, KisanSevaKendras, other Non farm sectors including Loans extended to Educational  Institutions

a.  Up to Rs. 50,000/-

12.00

b.   Above Rs.50,000/- to  Rs 2.00 lakh-

12.50

 

c. Above   Rs 2.00 lakh-

13.00

3b

VikasSanjeevini

   Above Rs.2.00 lakh

12.00

4

SRTO, 2/3/4 wheelers for Business / Profession purpose

a.   Up to Rs.2.00 lakh 

12.50

b.   Above Rs.2.00 lakh 

13.00

No

Priority Sector Advances

Particulars

REVISED %

5

Jewel Loans / JL OD

 (VKCC JL)

(Agriculture) with Interest Subvention

a.  Up to Rs.3, 00 lakh

7.00

6

Loans under National Scheme for Rehabilitation of Scavengers

a.  Up to Rs.15000/-

4.00

b.  Above Rs.15000/-

10.00

7

Housing Loans / Public Housing loans / Farm House / House repairs up to          Rs. 1.00 lakh in Rural / Semi Urban Areas & up to Rs.2.00 lakh in Urban Areas and Rural Sanitation Facility.

 

a.  Up to  Rs.25 00,000/-

10.00

bAbove Rs.25,00,000/-    

 

10.50

 

Housing loans sanctioned up to 31.3.17 under campaign  period

9.75% irrespective of loan amount  

8

Education Loans

a Up to Rs 4,00,000

12.50

b. Above Rs 4.00,000

13.00

9

Self Help Groups *( under NRLM  for  rural women SHGs in GadagDist it is 7% pa).

Irrespective of Loan Amount

12.50

10

Joint Liability Groups

Irrespective of loan amount

12.00

 

11

Solar Lighting

Irrespective of Loan  Amount

12.25

Solar Water heating

Irrespective of Loan amount

12.50

 

NON PRIORITY SECTOR ADVANCES

Particulars

REVISED

 

1

General  Loans to Traders, Wholesale Dealers, Commission Agents  ,  Contractors,Credit Cards (GCC)

Up to Rs.25, 000/-

13.00

b. Above  Rs.2, 00,000

14.00

 

2

Loans to Real Estate Developers and all other commercial / NPS Advances  (including RT above Rs. 20.00 lakh

Up to Rs.200000/-

13.50

b. Above  Rs.200000

14.75

3

Mortgage Loans

Irrespective of loan amount

13.50

4

Ware house receipts

Repayment period more than 6 months irrespective of loan amount.

14.00

 




 




 Downloads
Subject:
Advances Products
Description:

I. AGRICULTURE - PRODUCTION

1. VIKAS KISSAN CREDIT CARD Scheme

Eligibility for revised VKCC limit: 

All Farmers – Individuals / Joint borrowers who are owner cultivators

Tenant Farmers, Oral Lessees & Share Croppers ,

SHGs or Joint Liability Groups of Farmers including tenant farmers, share croppers etc.

Limit for First Year. 

Crop  production & maintenance

As per scale of finance

For Farm Maintenance, post harvest / house hold expenses consumption need & Crop Insurance + PAIS

2nd Onwards up to 5thyear : 10% enhancement over limit

Drawl through various other delivery channels.

Operations through branch – across the counter

Operations using Cheque facility

Withdrawal through RupayKisan debit cards.

Operations through Point Of Sale (PoS)

Mobile based transfer transactions.

Operations through Business Correspondents (BC) and Ultra Small Branches (USB)

Tenability of revised VKCC Limit.

The limit under  theScheme consists of Working capital with a loan tenor of 5 years.

Each withdrawal under the short term to be liquidated in 12 months

There is no need to bring the debit balance to Zero at any time. 

Security (aggregate exposure including other Agriculture loans): 

Up to Rs.100000/- Hypothecation of crops+ Coobligation

Above Rs.1.00 lakh up to Rs.2.00 lakhs- Hypothecation of crops + Charge over land + Co-obligation

Above Rs.2 lakh:- Hypothecation of crops + Mortgage of landed properties +Co-obligation

2. VKCC – Gold Loans

GOLD LOANS AGAINST PLEDGE OF GOLD JEWELLERY

Purpose: Agriculture Gold loans.
Loan Limit:  As per the scale of finance & crops grown,  subject to  70% of the appraised value of the gold ornament or amount fixed by the bank per gram which ever is less.
Repayment:  As per VKCC Within 12 months from the date of disbursement.
Security: Pledge of Gold Jewellery.

Interest subvention / incentive from GOI – subject to eligibility of farmer

3. PLEDGE LOANS/LOANS ON WARE HOUSE RECEIPT – VikasKalyana

Purpose: To store the Agricultural produce till the farmer gets good price for his produce and to avoid distress sale.
Loan limit: Maximum 5.00 lakh per farmer. (Higher loan limit under non priority sector)
Security: Pledge of grains/agricultural produce/Co-obligation.
Repayment: Varies according to type of produce-maximum One year.

II. AGRICULTURE - INVESTMENT FINANCE

4. HORTICULTURE /PLANTATION LOAN :-

Purpose: To grow/maintain horticulture crops & develop plantation crop.
Eligibility: Land holder having sufficient knowledge and interest in horticulture, with irrigation facility and land found technically suitable.
Margin:

No margin up to loan of Rs.1,00,000/-

For above 1,00,000/- loan 15% to 25% margin.

Security: Hypothecation of crop, Charge over land/mortgage of land/Co-obligation..
Repayment: Maximum 15 years

5. MINOR IRRIGATION AND PUMP SET LOAN

Purpose: For installation of pump set, submersible pump set, pipe line and Generators including under solar powered scheme .
Eligibility: Should have minimum 2 acres of compact land.
Margin: No margin up to loan of Rs.1,00,000/-

For above 1,00,000/- loan 15% to 25% margin.

Security: Hypothecation of Assets/implements purchased out of loan proceeds, Co-obligation and mortgage/charge over land.
Repayment: Maximum 10 years.

6. LOANS TO PURCHASE TRACTOR, POWER TILLERS, THRESHER AND AGRICULTURAL IMPLEMENTS

Purpose: Purchase of tractor, power tiller, crop and grains threshers, and pesticide sprinklers and other machines/implements useful to agriculture.
Eligibility: Should have minimum 6 acres of irrigated land or 15 acres of dry land for availing loan for purchase of tractor and power tiller.
Margin: 25% margin.
Security: Hypothecation of assets purchased out of loan proceeds, Co-obligation and charge over land/ mortgage of land.
Repayment: Maximum 7 years

7. VEHICLE LOANS TO AGRICULTURISTS:

Purpose: Purchases of new, two wheelers, three wheelers, Jeep, Agriculture produce carriers.
Eligibility: Should have minimum 2 acres of irrigated land for purchase of two wheelers and minimum of 8 acres of irrigated land for other vehicles.
Margin: 15% to 25% margin.
Security: Hypothecation of vehicle purchased out of loan proceeds, Co-obligation and charge over land/ mortgage of land.
Repayment: Maximum 5 years.

8. SERICULTURE LOAN

Purpose: Mulberry crop, cocoon rearing, construction of sericulture rearing house and purchase of equipments.
Eligibility: Should have—

  Experience in sericulture

  • Irrigated land
  • Consent from sericulture department for raising crop/technical supervision.
  • marketing facility

Margin: 15% to 25% margin.
Security: Hypothecation of Assets/implements purchased out of loan proceeds, Co-obligation and mortgage of land/charge over land.
Repayment: Maximum 7 years.

9. DAIRY LOANS:

Purpose: To purchase cross breed cows, buffaloes, construction of cow shed, grass cutting machines etc.
Eligibility: Should have-

Experience in the activity
Veterinary facilities
Sufficient fodder for animals.

Margin: 15% to 25% margin. 
Security: Hypothecation of Assets/implements purchased out of loan proceeds, Co-obligation and mortgage of land/charge over land.
Repayment: Maximum 5 to 7 years.

10. AGRICULTURE GODOWN LOANS:  VIKAS UGRANA SCHEME (under NABARDs RURAL Godown Scheme).

Purpose: For storing agricultural produce in scientific manner and to store the produce till the farmer gets good price for the produce.
Eligibility: Individual, group of farmers, NGOs, SHGs, Co-op institutions, Companies, Corporations and APMCs are eligible
Margin: 25% to 50% margin.
Subsidy: 25% subsidy is available from GOI. SC/ST and women beneficiaries are eligible for 33.33% subsidy. 25% for agriculturist and 15% for traders.
Security: Mortgage of Godown proposed to be constructed, Co-obligation and charge over land/ mortgage of land.
Repayment: Maximum 10 years.

11. LOAN FOR PURCHASE OF AGRICULTURE LAND –“VikasBhoomi”

Objectives

To make the small and marginal holdings economically viable.
To bring fallow lands and wastelands under cultivation.
To step up agricultural production and productivity.
To finance share croppers/tenant farmers to purchase land to enable them to increase their income.

Eligibility: Small and Marginal Farmers with ceiling on land holding as prescribed.
Margin: No margin is stipulated for loans up to Rs.50,000/-.  In case of loans for higher amount, a minimum of 10% margin will be stipulated. Max. 5 acres including existing lands.
Security:

Mortgage of land proposed to be purchased out of loan.
Hypothecation of Crops grown from time to time on the land.
Additional collateral security, depending upon merit of each case.
Co-obligation.

Quantum of loan: The Quantum of loan will depend upon valuation as assessed by bank or the registration value whichever is lower and value of stamp duty, registration charges for sale/mortgage deed.
Repayment: From 7 to 12 years in half yearly/ yearly installments.

 12. Solar Water Pumping System (Solar IP Set): Assisted by NABARD Capital Subsidy

Objective: To overcome from power cuts in Rural Areas for farmers irrigating their land, so as to avoid crop loss due to water shortage and also to reduce the operating cost of diesel pump sets being used by farmers in case power shortages.

Eligiblity: Individual Farmers/Group of Farmers/ SHGs/JLGs etc.,

Margin:  20% of the total cost.

Quantum of Loan: Farmers can get loans for Solar IP sets up to 10 Hp capacity under NABARD scheme.

Repayment Period: Up to 7 years. Half yearly/yearly installments

 III. MSME - INVESTMENT & WORKING CAPITAL
1.  Vikas UDYAM

ELIGIBLITY:Retail Traders , Dealers , Small businessmen , SSI , Rural Artisans  ,Professional &self employed persons. Individual, professionals, proprietorship/partnership firms and / or companies

PURPOSE :

Advances could be considered for the purpose of purchasing equipment, machinery repairing or renovating the existing equipment and/or acquiring and repairing business premises or for purchasing tools,vehicles, durable utility articles/and/or working capital requirements etc, relating to the profession / activity only.

QUANTUM OF LOAN :

The quantum of loan shall be in accordance with the requirement and eligibility norms, depending upon the merits of individual case.

REPAYMENT PERIOD:

 

Purpose

Repayment period

a)

Working Capital in the form of OD/OCC

Tenability period : 1 year

b)

Term Loan assistance

3 to 7 years and in exceptional cases, up to 10 years

(Looking to the item of investment)

SECURITY : As per the guidelines issued from time to time, as applicable to MSME loans.

SALIENT FEATURES :

The scheme is more customers friendly.
The scheme gives special consideration to those retailers and SSI units
Loans under CGTMSE also considered up to 50.00 lakhs subject to eligibility / norms

ELIGIBLE CUSTOMERS:

Individuals, Businessmen, Traders, including SSI units, proprietorship/ partnership Firms, Companies.

PURPOSE : To meet working capital requirements of Trading and Business Enterprises, including SSI units.

QUANTUM OF LOAN :

 Need based credit to be assessed  looking to individual requirements.

To be extended on Term loans  with 3 to 5 years repayment period

Orunder  Cash Credit limits with yearly renewals.

 SECURITY :

  1. Hypothecation of the stock in trade with margin as prescribed.
    1. Mortgage / Charge on the immovable properties/ other assets  such as          machineries / vehicles etc.,
    2. Co-obligation and other securities shall be as per the existing norms and stipulations contained in this scheme.

INSURANCE :

Stock and collaterals (building / machinery etc) shall be adequately insured.

VIKAS SANJEEVINI SCHEME:-

To meet the working capital and term loan requirements of QUALIFIED MEDICAL PRACTITIONERS.

PURPOSE :

Construction of Nursing homes /clinics 
Purchase  of equipment / machinery
Setting up of Clinic, X – ray lab, Nursing Homes etc.
Expansion / renovation / modernization of existing Clinics / Nursing Homes managed / owned by qualified competent Doctors with requisite qualification.
Purchase of Vehicles, ambulance, computers and other essential equipment.
Meet working capital needs

ELIGIBILITY:

All qualified Registered Medical Practitioners.

NATURE OF LOAN

Financing may be done by way of Term loan / Overdraft / Composite loan depending

upon the nature of requirement.

QUANTUM OF LOAN

The quantum of loan shall be in accordance with the requirement and eligibility norms

depending upon the merits of individual cases.

MARGIN :

As per the guidelines issued from time to time. At present margin is as under:

No

Loan limit

Both TL & working capital

1

Loans upto Rs.500000/-

15%

 

Over Rs. 25,000/-

15 to 25%

SECURITY :
Up to 500000/-

Hypothecation of assets financed by the Bank.
Hypothecation of existing assets if any.
Suitable co-obligation / third party guarantee Acceptable to the Bank

OVER Rs.500000/-

Hypothecation of assets financed by the Bank.
Hypothecation of existing assets if any.
Suitable co-obligation / third party guarantee acceptable to the Bank
Mortgage of landed property (N.A. property),NSCs, (Face value) , LIC policies ( surrender value) /Other approved securities etc. worth to the loan amount.

REPAYMENT:

In case of a term loan or composite loan maximum  5 –7 years, in exceptional cases up to 10 years, in monthly installments.
Operative Cash Credit  limit ( for working capital ) shall be for one year period . 
INSURANCE

Building / machinery and equipment shall be adequately insured.

VIKAS PRATHIBHA EDUCATIONAL LOANS

Purpose of loan
For pursuing professional, graduation and higher education with in as well as out side India. However, capitation fees / donation are not financed.
Eligible persons:
Loans can be granted only to Indian Nationals. The parent/guardian of the student should be a permanent resident of the area of operation of the Bank. 
For study abroad: Only graduate and higher level studies in colleges/universities/ educational institutions out side India are eligible.
Quantum of finance 
Need based finance up to Rs.10.00 lakh for study in India and Rs.20.00 lakh for study Abroad.
Eligibility conditions:
The student should have secured admission through Entrance Test/Selection process.
Margin

Up to and including Rs.400,000/-

NIL.

Above Rs. 4,00,000/-  >

for study in India

5 % on the basis of expenses

For Study abroad

15 % on the basis of expenses

Security (Common for both Inland and Foreign Studies)
The loan shall given jointly with parent/guardian in all cases.
Up to Rs.400000/- no security.

Rs 400000/- to Rs 750000/- Third party co-obligation .

Above Rs 750000/- mortgage of immovable property or pledge of approved securities valued equivalent to 100% of the loan amount & third party co-obligation.
Repayment terms

1 to 7 years (excluding the course period + maximum of 1 year).

 Housing Loan Scheme(VikasGriha):

Purpose: Construction/ Repair and Renovation of House / Purchase of house

Eligibility: For Salaried 72 times gross Monthly salary or 80% of the project cost

(EMI due. Should not exceed 50% of  Gross Annual Income during preceding year)

For others – 5 times annual income -Max-25.00 lakh under Priority Sector.

Applicant should be major and not more than 55 years of age

Quantum of Loan: 80 % of cost, i.e. Margin = 20%-construction

Security : Mortgage of Property& Surety

Repayment :Up to 25 years or 70 years of age (Payment through EMIs).

PradhanMantriAwasYojana (PMAY) - “Housing for All-2022”

Housing Loan for Economically Weaker Section ( Annual Income up to Rs.3.00 lakhs) category & LIG (Annual Income up to Rs.6.00 lakh) category for Housing Loans up to Rs.6.00 lakh. Eligible for Interest Subsidy of 6.50% for a tenure of 15 years or repayment period of loan whichever is earlier.

 PERSONAL BANKING

1. GOLD LOANS AGAINST PLEDGE OF GOLD JEWELLERY :_

Purpose:Business and consumption
Loan Limit:
70% of the appraised value of the gold ornament or amount fixed by the bank per gram which ever is less.
Repayment:
Within 12 months from the date of disbursement.
Security: Pledge of Gold Jewellery.

 DEMAND LOANS TO SALARIES EMPLOYEES :-

ELIGIBILITY:All confirmed employees of reputed Public Sector Undertakings, Central/ State / Semi-Government bodies, Corporations, Private Companies etc, WHOSE SALARY IS BEING DISBURSED THROUGH OUR BANK.
OR.
Against UNDERTAKING BY THE EMPLOYERto remit the loan instalments of their employees in a single Cheque who avail loans by deducting the instalment amount out of their monthly salary for the credit of loan account of the concerned employee.

PURPOSE :To meet  personal / emergent needs.

QUANTUM OF LOAN:-To the extent of 10 months gross salary.

Security :- 1)Suitable co-obligation worth to the loan amount.

                  2)Pledge of NSCs / KVPs / LIC Policies / Term deposits etc., if any available

Repayment :-Repayable in 36 to 60 months or less in equated monthly instalments

VEHICLE LOANS :-PURCHASE OF 4 WHEELERS
PURPOSE: For purchase of brand new/used four wheelers for PERSONAL/ PROFESSIONALuse.

ELIGIBILITY :All individual borrowers including professionals

QUANTUM OF LOAN / MARGIN :-

80% of the invoice value + Registration charges, Insurance premium,  Life Tax.
In case of used vehicle ( Second Hand vehicle)  the margin shall be 50 % of the value of vehicle as assessed by qualified Automobile Engineer or purchase price whichever is less.

REPAYMENT PERIOD :In 60 months in equated monthly instalments

Security :-

Hypothecation vehicle-  proposed to be purchased.
Co-obligation of a suitable person having regular income whose net worth is more than the loan amount.
Collateral securities like Term deposits, NSCs, KVPs, LIC Policies etc.
Equitable mortgage (EMT) of site/house/non-agricultural land, if available.

4. VIKAS AADHAR SCHEME :- MORTGAGE LOAN

PURPOSE :- To provide loans against the security of Mortgage of , residential & commercial building to the professionals, businessmen, salaried persons, Agriculturists, individuals for meeting genuine needs like marriage, education, Hospitalisation expenses etc.

ELIGIBILITY :- Existing / new Customers who own Non Agricultural property in urban and semi urban areas .

Quantum of Loan :-50% of the  net value of property proposed to be mortgaged.

Repayment : Maximum of 7 years period.

Security :-Mortgage of UNENCUMBERED Non- agriculture landed property with building, Co-Obligation  acceptable to the Bank. 

LOANS AGAINST APPROVED SECURITIES :-

A LOANS AGAINST LIC POLICIES

Eligible Policies should be in the name of the Borrower with fixed maturity and assignable as per the  insurance policy guidelines.

Margin :- 15% on the SURRENDER VALUE of assigned policies.

Repayment :-

Term Loan :-Within 4 years or within the maturity date of the Policy, whichever is earlier

Overdraft :-   Repayable in  one year or within the maturity date, whichever is earlier.

LOANS AGAINST NATIONAL SAVINGS CERTIFICATES (NSCs) / KISAN VIKAS PATRA  (KVPs).

 For Individuals, Firms  & Company/ies  etc can also avail the facility.

ELIGIBILITY:The NSCs / KVPs standing in the name of applicant only to be considered.

Margin As per guidelines from time to time. At present the margin norms are as under

90% of  face value if the NSCs / KVPs are more than  3 years
75% of face value if the NSCs / KVPsare more than  2 - 3 years
60% of face value if the NSCs / KVPs are  below 2 year.

Repayment:-within 4 years or up to the maturity date of NSCs / KVPs       whichever is earlier.

SECURITY: Pledge/lien of NSCs/KVPs.

 


 Downloads
Subject:
Students-Education loan "VIKAS PRATIBHA"
Description:

Purpose : Compleltion of Education - PUC &All types  of  professional / techinical  cources.  In  INDIA  OR  ABROAD. For meeting expenses towards fees, cost of books, hostel/Stay.

Eligibility : Talented Students, No benchmark. 

Quantum 25 %  margin  for  costs   above  Rs. 25,000/- .

For further details, Please contact our nearest Branch .


 Downloads
Subject:
OTHER AGRI-LOANS
Description:

"VENTURE CAPITAL FUND" scheme for Dairy & Poultry

Purpose: Dairy/ Poultry and related Processing

Special Features:

50 % of   Project cost is interest free loan.

50 % interest reimbursement is done by NABARD for regular A/cs.

Eligibility: All customers

Quantum: Depending upon the activity as mentioned in the scheme

 

 

"VIKAS UDYAM- Loan to SME sector

All needs of manufacturing units, trading  units  & Service entities

Maximum Rs.50 lakhs 
Annual sales must be Rs.250 lakhs 
Relaxed security norms
OD limit for 3 years, term loan repayable  in 7 years

Main focus on tiny units, SSIs & medium enterprises

 

 

 

LOAN   TO COLD STORAGE UNITS

Capital investment subsidy scheme.

Loan to Firms, Co-operatives, APMC etc.

Maximum Rs.50 lakhs, repayable in 9 years inclusive of gestation period.

 

 

 

LOAN FOR RURAL TOURISM DEVELOPMENT

To establish accommodation & other facilities at tourist centres
Maximum Rs.15  lakhs, repayable in  3  to  15 years

An innovative tourist infrastructure development  scheme.

 

 

 

LOAN TO  COMMERCIAL  HORTICULTURE

Any commercial horticulture projects 
Loan up to 75 % of the project cost 
Repayable in 5 to 11 years

Subsidy by National Horticulture board.

 

LOAN TO   KISAN SEVA KENDRAS

 

Scheme of IOC for Rural customers
To set up rural sales outlets for Petrol / Oil / non-oil products 
Maximum Rs.6  lakhs

Repayable in 60 EMIs.

 

LOAN  FOR RURAL SANITATION

 

For construction  of Twin structure Toilet & Bathroom
Scheme  to achieve  Sampoorna Grama Nairmalya in  Rural area

Maximum Rs.7750/-, Repayable in  7years

 

LOAN FOR JATROPA  CULTIVATION

For Jatropa cultivation, with buy back arrangements,  in some areas
Rs.30,800/- per hectare 
repayable  in 12 years

subsidy from National Oil seed & Vegetable  Oil development  board

 

DEMAND LOANS TO AGRICULTURISTS

To meet the expenses of Marriage, Religious Functions, Medicine & Other General Needs

Rs 5000/- per Irrigated Land Holding - Maximum Rs 50,000/- or Rs 2,500/- per dry land holding - Maximum Rs 25,000/-

Repayable in 3 to 5 Years

 

For further details, Please contact our nearest Branch 


 Downloads
Subject:
AGRI-CLINIC / Agri-BUSINESS Centres
Description:

AGRI-CLINIC / Agri-BUSINESS Centres

 

Purpose: To set up Agri clinics / Agri business  Centers.

Special Features:

 

Non trained Agri Graduates are also eligible.

 

Eligible  for Soft loan assistance.

 

Loan proposals are to be sent to RO/HO.

 

Eligibility: Agri –graduates, Graduates  in Horticulture, A H, Forestry, Dairy, Veterinary, Poultry etc

Quantum: Individuals --Rs.10 lakhs, Group --Rs.50.00 lakhs,

Margin  25 %

For further details, Please contact our nearest Branch


 Downloads
Subject:
VIKAS BAHUMUKHA
Description:

VIKAS BAHUMUKHA

Purpose: A  hassle free Multipurpose/ Composite Credit Product for meeting the credit requirements of Agriculturists.

Special Features: A hassle free composite credit product is evolved which can take care of investment credit needs of the farmers which are not covered by the existing VKCC / VKSCC . A new product is designed to take care of the contingencies arising out of farm developmental needs as well as other contingenc.

Eligibility: All existing farm loan customers from the Service Area of the Bank as well as from the operational area of the Bank.

Quantum : Above Rs 50,000/- and Maximum of Rs 5 lacks

For further details, Please contact our nearest Branch.


 Downloads
Subject:
VIKAS GENERAL CREDIT CARD A rural credit card Scheme
Description:

VIKAS GENERAL CREDIT CARD" A rural credit card scheme

 

Purpose: Genereal Credit needs of Rural & Semi urban customers.

Special Features: General line of credit up to Rs.25,000/-        in the form of revolving limit, for the use of Rural & Semi-urban customers, without insisting  any security -  similar  to the Credit Card.

Eligibility : Customers  of Rurla & Semi-urban branches.

Quantum: Rs.25,000/- 

 

For further details, Please contact our nearest Branch.


 Downloads
Subject:
VIKAS GRIHA
Description:

 

Purpose: Purchase of Plot & constructionReady built house, construction renovation extension

Eligibility: Salaried as   well as   all income earning group  below  55  years  of age.

Quantum: 25 % for Plot with construction

Up to 40 % based on the age of the old house

 

For further details, Please contact our nearest Branch.


 Downloads
Subject:
VIKAS KISAN SAMRUDHI CREDIT CARD - for Credit Card for all Agriculturists
Description:

Kisan Samrudhi Credit Card.

“VIKAS KISAN SAMRUDHI CREDIT CARD” Scheme

Purpose: For production of crops and agri. Investment credit repayable in 5 years.Special Features: Coverage of term Component under KCC.

Eligibility: All Agriculturists.

Quantum: As per Scale of Finance and NABARD Unit Cost

 

For further details, Please contact our nearest Branch.


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Subject:
Rain water harvesting scheme for SC/ST farmers “VIKAS JALAVARDHINI" Scheme
Description:

Purpose: Construction of water storing structures in Agri. Land

Special Features: 50% subsidy on project cost is available from NABARD

 

 As availability of subsidy is limited,  application will be consider

 

Eligibility: SC /ST farmers.

 

Quantum: Rs.30, 700/- or Rs.34200/- for 10 x 10 x 3 Cu Mtr Model.

 

Rs.26800/- for 8 x 8 x 3 Cu Mtr Model, Depending on Situation of Land

 

Rs.24,800/- or Rs.26,800/- for 8 X 8 X 3 Cu Mtr Model, Depending on Situation of Land

 

For further details, Please contact our nearest Branch


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Subject:
Purchase of Agri. Land “VIKAS BHOOMI” Scheme(Farmers)
Description:

Purchase of Agri. Land “VIKAS BHOOMI” Scheme

Purpose : Purchase  of Land  for Agri-Purpose

Special Features : In case of SF / MF,  SF/MF will continue  to be SF / MF  after purchase.

Eligibility : SF / MF /Share Croppers / Tenant Farmers, Big Farmer.

Quantum No margin upto Rs.50000/-. 10  % Margin for loans above Rs.50000/- Max- Purchase for  5 Acres of lands

 

 

For further details, Please contact our nearest Branch


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