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Maharashtra State
Co-operative Bank Ltd.

CALL US @ +91 8511209700
GST NO:- 27AAAAT4066A1ZT

Schematic lending – Investment Credit :

Objective

Term loans are sanctioned for Agri., Agri-allied & Non Agri. purposes other than crop loan.

Limit

Refinance is sanctioned under NABARD investment credit policy. NABARD issues policy circular for every financial year. 1. NABARD Policy for the year 2023-24 No.164 dated 31 July 2023. 2. NABARD Policy for providing Investment Credit under Long Term Rural Credit Fund for 2023-24 No.246 dated 24 November 2023.

Security

Pronotes of PACS endorsed by DCCB in favour of MStCB.

Period

More than 3 years

Rate of Interest

As per prevailing interest rates

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