Notification

JLG Loan

Nature of Loan - J L G LOAN INDIVIDUAL

Rate of Interest - 13.00%

Installment/ Period - 1 Year

Details (Purpose) - Personal/Domestic Max.1.00 lakhs

JLG : An informal group of 5 to 10 farmers / members (Small land holders tenant farmers, oral lesse etc). Growing same types of crops with similar scale of production or similar activities.

Objectives of JLG :

1) To augment flow of credit to mid-segment farmers / enterpreneurs.

2) To extend collateral free loans.

3) Ensuring financial inclusion

Nature of Loan - J L G LOAN THROUGH P A C S

Rate of Interest - 11.00%

Installment/ Period - 1 Year

Details (Purpose) - Personal/Domestic Max.1.00 lakhs

JLG : An informal group of 5 to 10 farmers / members (Small land holders tenant farmers, oral lesse etc). Growing same types of crops with similar scale of production or similar activities.

Objectives of JLG :

1) To augment flow of credit to mid-segment farmers / enterpreneurs.

2) To extend collateral free loans.

3) Ensuring financial inclusion