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