Sanction of Bank Loan and its disbursement

SANCTION OF BANK LOAN AND ITS DISBURSEMENT

  • After ensuring technical feasibility and economic viability, the scheme is sanctioned by the bank.
  • The loan is disbursed in kind in 2 to 3 stages against creation of specific assets such as construction of sheds, purchase of equipments and machinery, purchase of animals and recurring cost on purchase of feeds/fodders for the initial period of one/two months.
  • The end use of the fund is verified and constant follow-up is done by the bank.
Last modified: Tuesday, 24 April 2012, 11:14 AM