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Purpose
Mortgage loan utilized for marriage/medical treatment/education/ foreign travel .
The proceeds of loan is not to be used for acquisition/ development of land or construction of building space or for any speculative purpose including speculation on real estate and capital mark...
Purpose
This scheme aims at providing adequate and timely assistance to the businessman/ artisans to meet their credit requirements both for investments as well as for working capital in a flexible manner and at reasonable rate of interest.
The facility will be extended by way of a rev...
Purpose
To generate employment opportunities in rural as well as urban areas through setting up of self-employment ventures;
To provide continuance & sustainable employment to a large segment of traditional and prospective artisans and unemployed youth, so as to help arrest migra...
Objective
The product is a pre-approved term loan facility with option of multiple disbursements for multiple purposes. The product is aimed at facilitating growth among well rated existing customers.
Age
Minimum 21 years ; Maximum: 65 years
Target Group
Al...
Purpose
Cultivation of Plantation and Horticulture crops, Plough Bullocks, Minor Irrigation, Land Development etc.
Target Group
Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).
Age
Mi...
Savings accounts are generally for money that you don't intend to use for daily expenses. Meghalaya Rural Bank savings accounts is a more financially advantageous solution to keep unneeded funds. In addition, savings accounts offer liquidity and make it very easy to access your funds.
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Objective
This scheme provides hassle free finance to borrowers in trade and service sector who are willing to furnish mortgage of property of adequate value, for acquiring fixed assets needed for business purposes and/or for build-up of inventory/current assets.
Age
Minim...
Purpose
To meet all kinds of credit requirement for setting up Greenfield projects under manufacturing, services or the trading sector SC/ST and/or woman entrepreneurs.
Eligibility
SC/ST and/or woman entrepreneurs above 18 years of age
Loans under the scheme is available fo...
Purpose
All types of Allied Activities such as Dairy, Poultry, Piggery, Goatery, Duckery, & Fisheries etc.
Target Group
Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).
Age
Minimu...