Since inception, the Bank has been financing various activities under the farm sector. However, from the year 1993-94, the Bank has also started financing Non-Farm Sector Activities to provide self-employment avenues to the educated/skilled persons in the State.
- Every farmer, labourer or unemployed literate youth, Ex serviceman,artisan etc.
- Maximum amount of loan that can be disbursed is Rs. 50 lakh. Repayment of loan is as follows:-
- Upto Rs. 50000/- 5 years
- Rs 50,001 to 2,00,000/- 7 years
- Above Rs. 2,00,000/- 10 years
- Repayment of loan is in monthly installments.
- For availing of loan, Insurance and hypothecation of vehicle in the name of the Bank is mandatory.
- Under this scheme, even shop, house etc. can be hypothecated in the name of the Bank.
Some of the various purposes covered under the Non Farm Sector are as under :-
|Rubber Goods||Printing & Book Binding||Construction/building material|
|Chemical/Chemical production||Petrochemicals||General Engineering|
|Sports Goods||Stationery Items|
|Agro Industries||Tailoring & Readymade garments||Sericulture|
|Coir||Handloom/Powerloom||Activities based on tribal/forest areas|
Under this scheme loans can be obtained for small means of transport like Passenger Taxi, Trucks, Three wheelers, Vans, Autorickshaw, Tata mobile206, Mahindra pick up, Truck, Van/car (for taxi). The repayment of this loan will have to be done within 5 years.The loanee will have to make a down payment of 15%.
To make every type of sports nets, hockey sticks, other sports goods, gloves etc.
Under this scheme loans are granted for the manufacturing of umbrellas, computer parts, non Ferrous metal, sheets of steel trunk metal, cans, metal rolling, ironsmith work, dak seals, brass, copper black metal work, agricultural tools, beam scales, machine toys, stove pins, safety pins, aluminium buttons, signal lamps, lanterns, thorny fence, metallic utensils , German silver, cutlery, shaving blades, locks etc.
Loans for electricity goods, radio accessories, motor parts, cycle parts, cycle dynamo, battery chargers, amplifiers, hearing aids, bulbs, small transformers, security alarms, pvc wires, boosters etc
Loans can be obtained for the manufacturing of inks, ball points pens , fountain pens, pen nibs, pencils, paper pins, carbon paper, hand made card board, drawing board, foot-rules.
MANUFACTURE OF GOODS RELATED TO AGRO BASED INDUSTRIES
For making of medicines , fertilizers. Agricultural machinery, , ploughs(hal), tools for ploughing fields, disc harrow, medicines, instruments used for sprinkling pesticides, leveller, tools used for the extraction of herbs.
Hosiery work, manufacturing of cloths, knitting and stitching, embroidery.
For jute mats, threads, and ropes.
To make threads, weaving thread, cotton and woolen clothes, lokvastra.
Loan is given for the manufacturing of PP./H.D/H.M.P.E/L/D/P/E/L/L/DE films or related things, to make P.V.C granules, injection moldings , thermoplastic goods , polythene bags and sacks and for the manufacturing of other plastic goods.
MANUFACTURE OF CHEMICALS /RELATED GOODS
Loans are granted for the manufacture of candles, naphthalene balls, shoes, varnish, French polish, metal polish, toilet soaps, laundry soaps, tooth powder, tooth paste, safety matches, crackers, medical tools, gum( used like for kites etc), ordinary gum, incense sticks , scents, cologne, cold creams, talcum powder, toiletries, soda, charcoal, and material required to stick the industrial raw material.
CONSTRUCTION RELATED MATERIAL
Loans are provided for stone crushing, mines, crushed stones (bajri ), bricks and tiles, stone, cement chalk, lime and sand tiles, blocks and mesh (jaali).
RUBBER GOODS MANUFACTURE
Loans are granted for the manufacturing of Slippers, sports shoes, cycle tyres , tubes, electricity wires, color brushes, hairbrushes, tooth brushes and resoling of tyres.
Loans are granted for the manufacturing of tissue paper, polythene covers, cups, paper bags, handkerchiefs, teleprinting roles ,toilet paper roles, files covers, file boards, writing pads, sample papers etc.
Loans are given for the manufacturing of utensils, decorative interiors, chinaware utensils, moldings stone work, manufacturing of tiles, creative artistic utensils, showpieces.
Loans are also granted for refining leather, coloring of leather, footwear, leather clothes, leather goods, purses, watch straps, belts, seat, seat covers, leather bed covers, gloves etc.
Loans for carpenter work, to make plywood, wooden furniture, fixtures, iron-smith work, bee keeping, honey, honey related goods , kutir gram udyog, bone fertilizers, tobacco, brooms, fertilizers.
For handicrafts, jute products, glicha, carpets,artificial jwellery, hand printing, stone embossing, oyster decorations.
In addition to the above, some more schemes under Non Farm Sector have been introduced - to breed decorative fishes, to make fish aquariums, S.T.D, pay phone unit, cable T.V network, video duplicates, burners without smoke, to start modern help centers for animals, to make good diets for animals, pets, evaluation of land for Agricultural works, things used in agriculture, help centers for planting, animal clinics, crushers, lending of crushers, hotels, restaurants, dhabas, photostat machines, typing/ printing, data processing etc.