Baliraja Term Loan Scheme; Direct loan to farmers from district bank

Baliraja Term Loan Scheme;  Direct loan to farmers from district bank

Pune: Leader News Service: Pune District Central Cooperative Bank (PDCC Bank) Chairman Professor Dr. Baliraja Term Loan Scheme has been implemented to meet the agricultural expenses as well as immediate funding needs of the farmer members. Digambar Durgade gave it. He also said that direct lending within the limit of Rs 40 lakh per project has been started for five major schemes of subsidy and interest subvention through the Central Government and State Government.

At a press conference held at the District Bank on Friday (29th) to give information about the new schemes launched by the bank and the financial position at the end of November 2023, Durgade was accompanied by Vice President of the bank Sunil Chandere and other officials. The General Manager was involved. Sanjay Shitole, Assistant General Manager Sameer Rajput, Sanjay Wable, Sudhir Patole, Girish Jadhav etc. were present. He said, 'Farmers should take advantage of the new scheme of providing loan of limited amount of Rs 1.5 lakh per acre and Rs 7 lakh at the rate of ten and a half percent to the member farmers taking loan under Baliraja Yojana.

Loans started under Prime Minister Employment Generation Scheme for Agriculture and Complementary Services, Processing Industries as well as under Chief Minister Employment Generation, Annasaheb Patil Economic Backward Development Corporation, Agricultural Infrastructure Fund, Vasantrao Naik Vimukt Jati and Bhatkya Jamaati Development Corporation Scheme. Is. , The bank has distributed home loan of Rs 165 crore and education loan of Rs 122 crore. Meanwhile, Rs 101 crore of eight banks in the state are yet to be exchanged during demonetisation, including Rs 22 crore of Pune District Bank. He said that Deputy Chief Minister Ajit Pawar had met Union Cooperation Minister Amit Shah and given a proposal in this regard.

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