Meghalaya Rural Bank
Partnering with you in making your ventures a success
Meghalaya Rural Bank
Partnering with you in making your ventures a success
Meghalaya Rural Bank
Supporting you with Technology, Service & extensive Branch Network
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“Banking for all of Meghalaya”
Serving the people of Meghalaya since 1981
Internet Banking
Check your Account Statements Online.
MOBILE BANKING
Experiance the ease of banking on your smart phone.
ATM CARDS & ECOMMERCE
Access your account for Cash and also make purchases and bill payments online.
BRANCH NETWORK
Visit our Branch to know more about Banking with us.
Our Product & Services
Debt Swap Scheme
(Loan to Farmers Indebted to Money Lenders)
Objectives: To provide relief and remove debt burden of identified, actually distresses farmers who are under heavy burden of debt from non-institutional source (i.e. money lenders) by providing them loan for debt redemption. This is a loan given to ...
General Cash Credit Card (GCC)
Purpose: To provide hassle-free credit to customers from rural and semi-rural centres based on their cash flow without insistence on security, purpose and end-use of the credit. This is in nature of overdraft with no end-use stipulations.
Eligibility: GCC can only be extended to individua...
Financing To Self-Help Groups (SHGs) : Micro-Credit
Purpose of the Bank Loan: Loan granted by the Bank to the SHGs is purpose neutral as the group decides the purpose for which loan can be given to its members. As per RBI guidelines, the Banks are expected to meet the entire credit requirements of SHG members for (a) Income generation activities...
Fixed Deposits
The rates of Interest for fresh and renewal Term Deposit w.e.f., 05-12-2016 are as hereunder:
Term of deposit
Interest Rate
7 days to 14 days
5.50%
15 days to 45 days
5.50%
46-90 days
5.50%
91 - 180 days
6.50%
181 t...
National Rural Livelihood Mission (NRLM) - AJEEVIKA
NRLM is a flagship programme of GOI for promoting poverty reduction through building strong institutions of the poor, particularly women and enabling them to access a range of financial & livelihood services. The scheme was launched w.e.f. April 1, 2013 by restructuring & replacing SGSY.
Fo...
Savings Account
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.
The Interest ...
Pradhan Mantri Awas Yojana (PMAY)
Scope: “Housing for All” Mission for Urban Area by 2022
Affordable Housing: Housing projects where 35% of the houses are constructed for Economic Weaker Section (EWS) category
Coverage: All 4041 statutory towns as per Census 2011 will focus on 500 Class I cities will cover in three pha...
Purchase of Land for Agricultural Purpose
Target Group & Eligibility: Small and Marginal Farmers, share croppers and tenant farmers. Small and Marginal Farmers are those who would own maximum of 5 acres of non-irrigated land or 2.5 acres of irrigated land including the one to be purchases under the scheme.
Objectives:
To make t...
Financing to Joint Liability Groups (JLGs)
Objectives:
To augment flow of credit to farmers, especially small, marginal, tenant farmers, oral lessees, share croppers/individuals taking up farm activities.
To serve as collateral substitute for loans to be provided to the target group.
To build mutual trust and confidence between bank and...
Weaver credit Card (WCC) Scheme
Purpose: To provide credit to the weavers to meet their credit requirement – working capital or term loan or bothEligibility: All weavers and ancillary workers involved in weaving activities.
Margin
For limit up to Rs 25,000 : NILFor limit above Rs 25,000 : 20%Maximum limit: Rs 2.0...
Public Personal Loan without Check-off Facility
Purpose: General purpose for purchase of consumer durables, marriage, family function, medical, travel expenses etc except for speculative activities.
Eligibility: Permanent Employee of the State/Central Government and PSUs, Corporations, Private Sector Companies, Reputed Establishments, ...
Education Loan Scheme
Purpose: It aims at providing financial support from the naming system to poor and meritorious students for pursuing higher education in India and abroad.
Eligibility: Indian National who has secured admission to professional/technical courses in recognized institutions in India or Abroad...
Newsletter
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