New Schemes Introduced

To help farming community, the Bank introduced “Rythu Nestham”,
“Commercial Crop Loans”, “Composite Loans”
during the year 2015-16 and set a target of Rs. 100.00 crores under this portfolio and the details of achievement are shown hereunder

[Rs. in lakhs]

Sl.No. Name of the Scheme Sanctioned
No. ST MT / LT Total
1. Composite Loans 190 1485.50 2580.57 4066.07
2. Agrl. Commercial Crop Loans 309 809.80 1422.54 2232.34
3. Rythu Nestham – Branches 1002 1420.58 2836.85 4257.43
4. Rythu Nestham – PACS 759 703.03 1406.12 2109.15
TOTAL 2260 4418.91 8246.08 12664.99

New Business Schemes:

       From 2014-15 financial year, bank providing non-agricultural loans.

  1. Mortgage loans on flats, houses.
  2. Two-wheelers, four-wheelers
  3. Cash credit facility to small scale business.

 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 Amountactually released    Utilised     Balance refunded
No Amount No Amount
1 40431 1733.35
TOTAL 40431 1733.35