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.
(FOR FINANCING MEDICAL PRACTITIONERS)
The scheme envisages financing to qualified medical practitioners for
Setting up clinics or clinic-cum-residence, etc.
Purchase of vehicles, ambulance, computers
Expansion/renovation/modernisation of existing premise...
Meghalaya Rural Bank’s Internet banking facility is an online banking facility that can be accessed from the website. You need to register at the branch where you hold an account to avail the MRB Internet Banking services. You will receive the MRB Internet Banking Starter Kit from the Bank upo...
To meet any kind of credit requirements of SSI units, tiny units, village industries, retail traders, professionals & self-employed
Minimum 21 years ; Maximum: 65 years
Customers of the following segments with a satisfactory track ...
Seeing the recent all round growth of new multiplex structures and shopping complexes in urban and metro centres“MRB Shoppe Plus” has been devised to tap the potential available for financing:
the purchase of premises for new or old shops/establishments/offices by SMEs, SSS...
Term deposits, also known as time deposits, are investment deposits made for a predetermined period of time, ranging from a few months to several years. The depositor receives a predetermined rate of interest on the term deposit over the specified time period. Funds deposited for longer time periods...
Personal loan is granted for family function, marriage/medical treatment/education/ or any other general purpose except for speculative activities.
Permanent employees of the State/Central Government and PSUs, Corporations, Private Sector Companies, Rep...
Purchase or construction of a new house / without mortgage of land
Purchase of an existing (old) house / which is not more than 10 years old (In a certificate on the condition of the house to be given by a structural engineer or Govt. approved architect should be taken)
Cultivation of Plantation and Horticulture crops, Plough Bullocks, Minor Irrigation, Land Development etc.
Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).
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.
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...