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Government of India has recently launched the 'Prime Minister's New 15 Point Programme for the Welfare of Minorities' to ensure that the beneficiaries from Minority Communities get a fair share of Bank credit under various Government sponsored schemes as well as other Priority Sector Lending. An important objective of the programme is to ensure that the appropriate percentage of the Priority Sector Lending is targeted for the Minority Communities and the benefits of the various Government sponsored schemes for the under privileged reach the disadvantaged sections of the Minority Communities. The target group of the programme consists of the following communities notified as Minority Communities by the Government of India, Ministry of Welfare viz. a. Muslims, b. Christians, c. Sikhs, d. Buddhists and e. Zoroastrians (Parsis) f. Jainism The programme covers 121 districts of the country where population of Minority Communities is concentrated.
Union Bank of India as a leading Nationalised Bank of the country has a widespread network of 4078 branches throughout the country and has already commenced initiatives to enlarge our financial exposure to Minority Communities. To step up Priority Sector Lending to Minorities Bank has prepared a Roadmap to achieve the targeted level of 15% of Priority Sector Advances to Minority Communities by 2016. Present status of lending to Minority Communities is Rs.10482 crores as of Mar-2015 (11.99%) and our Bank has planned to reach the projected level of Rs.15000 crores by 2016, which will meet the stipulated requirement of 15% of Priority Sector Advances.
To reach the above targeted level following initiatives have been taken by our Bank:
Our Bank has a basket of various need based/tailor made deposit/loan products to cater to individual needs such as Retail Loans, Housing Loans, Education Loans, Agricultural Loans, Loans for Small Business, Loans to Traders, Loans to Self Employed etc.
SPECIAL SCHEMES Loans are being provided for gainful employment under various Government sponsored schemes viz. National Rural Livelihood Mission (NRLM), National Urban Livelihood Mission (NULM), Self Employment Scheme for Rehabilitation of Manual Scavengers (SRMS), Prime Minister Rural Employment Generation Programme (PMEGP), Differential Rate of Interest scheme (DRI) etc. SUPPORT FOR AGRICULTURE/FARM SECTOR Under Farm sector, assistance is available for poultry/dairy development, production credit, farm mechanization, minor irrigation, land development, purchase of land, etc
Our Bank has established 14 Rural Development and Self Employment Training Institutes (R-Seti) in our Lead Districts viz. Ernakulam and Idukki (Kerala), Varanasi, Mau, Azamgarh, Ghazipur, Jaunpur, Bhadohi, Chandauli (Uttar Pradesh), Samastipur, Khagaria (Bihar) and Rewa, Sidhi, Singrauli (Madhya Pradesh) and a Rural Development Foundation at Alibaug (Maharashtra) to impart training for skill upgradation as well as provide consultancy services to take up self employment ventures
The details of the available schemes for Deposits and Loans are given overleaf and can be viewed by accessing our Bank's Website at www.unionbankofindia.co.in.
Retail Deposit Schemes
Product Testimonial
1
31
60
2
32
88
61
89
3
33
62
90
63
91
34
64
92
4
35
65
93
5
66
94
6
36
67
95
7
37
68
96
8
69
97
9
38
98
10
70
SHRA WASTI
39
71
100
40
72
101
11
41
73
102
12
42
74
103
13
75
104
14
43
105
15
44
76
106
16
45
107
17
MARIGAON
77
LAWNGTLAI
UTTARANCHAL
18
DARRANG
KERALA
78
MAMIT
108
HARIDWAR
19
BONGAIGAON
46
MALAPPURAM
ORISSA
109
UDHAMSINGH NAGAR
20
CACHAR
47
ERNAKULAM
79
GAJAPATI
WEST BENGAL
21
KOKRAJHAR
48
KOTTAYAM
PONDICHERRY
110
MURSHIABAD
22
NORTH CACHAR HILLS
49
IDUKKI
80
MAHE
111
MALDAH
23
KAMRUP
50
WAYANAD
RAJASTHAN
112
UTTAR DINAJPUR
51
PATHANAM THITTA
81
GANGANAGAR
113
BIRBHUM
BIHAR
52
KOZHIKODE
SIKKIM
114
SOUTH 24 PARGANAS
24
KISHANGANJ
53
KASARAGOD
82
NORTH
115
NADIA
25
KATHIAR
54
THRISSUR
83
SOUTH
116
DAKSHI DINAJPUR
26
ARARIA
55
KANNUR
84
EAST
117
HAPRAH
27
PURNIA
56
KOLLAM
85
WEST
118
NORTH 24 PARGANAS
28
SITAMARHI
57
THIRUVANAN THPURAM
119
KOCH BIHAR
29
DARBHANGA
58
PALKKAD
TAMIL NADU
120
KOLKATA
30
PASCHIM CHAMPARAN
59
ALAPUZHA
86
KANYAKUMARI
121
BARDDHAMAN
S N
State
Name of Region
Name of Lead District
NAME
Bihar
Samastipur
Khagaria
S K Chatraj
Bhagirath Sao
Kerala
Ernakulam
Anil Kumar
Kottayam
Idukki
Mathiachagn
Madhya Pradesh
Rewa
S. C. Panjiyara
Sidhi
Amar Singh
Singrauli
A. K. Chaubey
Uttar Pradesh
Ghazipur
Mithesh Kumar
Azamgarh
Srinivas Kalwar
Gorakhpur
Mau
B.D. Mahato
Jaunpur
Narayan Shah
Varanasi
Vijayanand Sahu
Allahabad
Bhadohi
P. K. Banik
Chanduali
S. K. Padhi