The Bank advances loans for the following :- Installation of Tubewells, Purchase of Tractors, Soil Conservation. Horticulture and Grapes Cultivation, Reclamation of Alkaline Land, Dairy Development, Poultry Development , Animal Driven Carts, Farm Forestry(Poplar Plantation), Inland Fishery Farms. Installation of Bio-gas Plants. Establishment of Broiler, Bee Keeping, Sheep Rearing etc. ........................Read More
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Amendments in the Punjab Agricultural Credit Operations & Miscellaneous Provisions (Banks) Act, 1978 ...........Read More Bank bags Trophies in different categories. ..........Read More Seminar on reforms in Long Term Cooperative Credit Structure organised by the Bank. Swachh Bharat Abhiyan held at Head Office, Chandigarh. New Schemes
The Bank provides 0.5% interest rebate to the borrowers who repay their loans regularly, in time & without default. Women are given 0.5% rebate in interest. |
NEWS
Comprehensive One Time Settlement Package in lieu of Employees Pension Scheme of the Bank implemented in compliance of orders dated 29.11.2013 passed by Hon’ble Punjab & Haryana High Court. .......Read More
The Bank provides Long Term Loans at Simple Rate of Interest for Agriculturists and Non Agriculturists for a number of purposes.
RATE OF INTEREST
Loan amt Rate(%)
Upto Rs. 50000/- 12.00%
Above Rs. 50001/- 13.00%
Commercial Dairy 12.50%
(10 or more milch animals)
