This scheme with a payback period of 40 months is meant for the agricultural and non- agricultural purposes of the members. Surety of two persons are required to avail this loan. The beneficiary could obtain an amount up to Rs. 50,000/- with an interest rate ascertained by the Registrar of Co-operative Societies from time to time.
The objective of this scheme is to issue loans up to Rs. 3,00,000/- for purchasing domestic equipments and other consumer goods. The payback period is 60 months and the amount may be availed against two personal surety and of salary deduction certificate, immovable properties or the goods purchased itself.
Those self helping groups or units that are affiliated to the bank and Kudumbasree units whose members are willing for joint liability can avail this loan. The maximum amount of loan is Rs. 20,00,000/- . Payback period is 40 months. The rate of interest would be decided by the Registrar of Co-operative Societies from time to time.
Under this scheme, the bank members can avail loan for meeting the expenses for festivals like Onam etc. with minimal interest rate. Single person surety is sufficient. Payback period is 1 year.
This is meant for meeting expenses for Net Fish farming, Biofloc, Hatcheries, Cow farming enterprises of the members. The scheme is in collaboration with NABARD. The interest rate is 4%. The maximum amount is 3,00,000/
The members can obtain a maximum amount up to Rs. 15,00,000/- for meeting the financial incurrence of their agricultural and non-agricultural activities. The rate of interest would be decided from time to time by the Registrar of Co-operative Societies and payback period is 60 months.
This scheme with a payback period of 580 days is meant for meeting the expenses of trading activities and other small scale activities. The interest rate is decided by the Registrar of Co-operative societies from time to time. It is a pigmy based loan. The maximum amount of this loan is Rs. 50,000/-. Surety of two person are required to avail this loan.
For meeting the expenses of trading activities and other small scale industries an OD of Rs. 15,00,000/- would be sanctioned.
An amount up to Rs. 15,00,000/- could be availed on loan basis for purchase of land, building construction/ heir purchase, modification purpose on long term basis. The Registrar of Co-operative Societies would decide the rate of interest from time to time
An amount of Rs. 15,00,000/- could be availed with minimal rate of interest under this scheme for purchasing gold ornaments. Payback period is 60 months. The gold ornament purchased itself could be pledged.
The members could avail loan up to Rs. 10,00,000/- with minimal interest under varying payback period up to 1 year by pledging gold as security. The interest rate is decided by the Registrar of Co-operative Societies from time to time.
