MTL

The Bank will issue Medium Term Loans for the following agricultural purposes -
a. For minor improvements of land such as reclamation, fencing etc.
b. For maintenance of sources of irrigation or minor repairs to wells or tanks or replacement or repairs of Agricultural     Implements.
c. For purchase of live stock for Agricultural  Purposes
d. For consumption of and improvement of farm houses or cattle sheds 
e. For purchase of Elect. Pump sets, oil Engines (including the cost of accessories) and pump house and for digging of     wells without insisting upon any charge on the property subject to the conditions and limits as prescribed by NABARD.  
f. For purchase of agricultural machineries such as power tillers, parts etc. 
g. Wells &Tanks, Boring      
h. Pump-House 
i. Wells with Pumping Sets
j. Agricultural implements such as Iron Plough , Seed-drill, Sprayers, dusters & other implements.
k. For Purchase of Milk Cattle (Cross Bread)
l. For Poultry Farming, Bee Keeping, Piggery 
m. Sericulture.
n. For any other purpose as decided by the Board from time to time.

Individual customers having satisfactory dealings with our bank.
New customers well introduced and credit worthy with satisfactory banker's / market reports on them.

Maximum individual limit of the loan is Rs. 10,00,000/-.

Up to 60 months/5 years (10 Instalments)

(click here for inetrest rate)

• Nominal Membership Fees of Rs. 100/-
• Family tree (3 Generations) authorized from Village accountant.
• R T C of 3 years
• Mutation Copy
• Tax Payment Receipt
• Sale Deed, Property  Partition documents and all related documents
• Total Irrigation Certificate
• N O C Certificates
• Passport Size Photo (3 Copies)
• Legal fees
• Project Report
• E C (13 years)
• Income Source
• Valuation Certificate
• Caste Certificate

 Mortgage of property acceptable to the Bank having clear marketable title.
The land offered as security should be converted land/building only.
There should be proper four wheeler road approach to the mortgaged property.