New Schemes Introduced

New Business Schemes:

Bank providing non-agricultural loans.

  1. Mortgage loans on flats, houses.
  2. Vehicle Loans for Two-wheelers, four-wheelers
  3. Loans against Deposits
  4. Cash credit facility to small scale business.
  5. Rythu Nestham Loans
  6. Karshaka Jyothi Loans
  7. Rajanna Cheyutha Loans
  8. SHG: Self Help Groups
  9. JLG:Joint Liability
  10. CHC: Custom Hiring Centre

 

 Debt waiver scheme 2014:
         According to the G.O.No.181, date: 01.09.2014 debt waiver scheme for the Primary agriculture credit societies was sanctioned.

 First phase:

S.no Phases No of farmer members Amount to be released Amount actually released Utilised Balance refunded
No Amount No Amount
1 I 58972 5963.76 5963.76 58355 5932.78 617 30.98
2 II 16991 1816.00 1816.00 16871 1809.26 120 6.74
3 III 1842 197.12 197.12 1825 196.57 17 0.55
4 IV 261 24.60 24.60 261 24.60 0 0.00
TOTAL 78066 8001.48 8001.48 77312 7963.21 754 38.27

Second phase:

S.no Phases No of farmer members Amount to be released Amount actually released    Utilised     Balance refunded
No Amount No Amount
1 40431 1733.35 — — — — —
TOTAL 40431 1733.35 — — — — —

Third phase:

S.no Phases No of farmer members Amount to be released Amount actually released    Utilised     Balance refunded
No Amount No Amount
1 32419 1906.41 1906.41 32419 1906.41 — —
TOTAL 32419 1906.41 1906.41 32419 1906.41 — —