|
|
|
|
|
|
|
|
 | | Link to: Saubhagya MicroCredit |
|
|
|
|
| Union Kalpataru |
|
| Features | | | | Forms & Documents | | | | FAQs | | |
|
|
|
|
|
|
|
| |
Union Kalpataru
|
| |
| Purpose :- |
| |
| Union Kalpataru is a scheme exclusively for NDDB Smart Card holders. It helps provide medium term loan to dairy farmers having NDDB Smart Card. |
| |
| Eligibility :- |
| |
| To avail the loan, the smart card holder should have received at least 2 fortnight payments in his account or transacted for a period of one month, whichever is later. The second aspect is that the average of latest two fortnight milk proceeds received by pourer should be 40% more than the corresponding loan installment. |
| |
| Quantum of loan :- |
| |
| Minimum loan amount of Rs.10000 and there after in multiples of Rs.5,000/- up-to maximum loan amount of Rs.30000 can be availed. |
| |
| Margin :- |
| |
| Nil. |
| |
| Rate of Interest :- |
| |
| Please click here to know our latest rate of interest. |
| |
| Repayment :- |
| |
| Duration of 50 Fortnightly installments. (Fortnightly installment is fixed as NDDB is paying its pourers milk proceeds on fortnightly basis.) |
| | |
| |
| 1. How will the loan amount be decided? |
| A loan amounts can be considered as per the requirement and category of the beneficiary on revolving basis: say Rs.10,000/- loan is minimum ticket size for pourers of entry level. The pourer of the higher category may be financed at higher level of Rs. 20,000/- depending up on their income flow to begin with and on satisfactory repayment he may be offered higher slab based on his repayment capacity. |
| |
| 2. Can any dairy farmer avail this loan? |
| Only Dairy farmers holding NDDB Smart Card can avail this loan. |
| | |
|
|
|
|
|
| Product Testimonial |
|
|
|
|
| Quick Links |
|
|
|
|
 | | Link to: Union White Card |
|
|
Untitled Page
|