FAQ

For undergoing studies in any professional course at graduate/post graduate level in India, a maximum of Rs. 4.00 lakhs as a loan will be provided to SC/ST students. The loan amount is up to Rs. 2,00,000/- for studies within the State. The repayment period is 5 years after the completion of the course of study or securing employment by the applicant, whichever is earlier. Interest will be levied from the date of disbursement of the loan amount and the rate of interest is 6%. The annual family income limit of the applicant is Rs. 3.50 lakhs.

Agricultural loans are provided to farmers for the purpose of financing agricultural activities. These loans may cover the costs of seeds, equipment and other necessary items. The interest rate is typically low and the repayment period varies depending on the crop cycle.

Home loans are provided for the purchase or construction of a residential property. The maximum loan amount varies based on the applicant's eligibility and the value of the property. Interest rates are competitive and repayment periods can extend up to 30 years.