Money Bank: Recent Episodes
Prem R
(Financial Literacy Made Easy) -
We shall provide you easy guide to all kind Financial Opportunity available at Our Banking System. And share our views on Education Economy and Politics
Follow these steps and get ahead in your life.
Feel Free to Mail for queries : Letmedoit38@gmail.com
https://premanandrajasekaran.blogspot.com/2021/05/how-does-us-fed-reserve-keeps-printing.html
Its cold to see the deserted family after the bread winner leaves them alone post death. Please do insure you and pass the information to all asap
We never intend to misguide you in your education loan Repayment. Its your own choice to pay your loan or in non repayment because of critical times. This is an educative content and its Strictly opinionated and not intended to hurt any.
How to open a current account without GST registration. https://udyamregistration.gov.in/Government-India/Ministry-MSME-registration.htm
Check this link for the said details: ProjectReport & More Information
https://mb-flme.blogspot.com/2021/04/goat-rearing.html?m=1
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Application Form : https://www.canarabank.com/media/5582/sheep-goat-rearing.pdf
https://www.iob.in/Agriculture-loan-form
https://sbi.co.in/web/agri-rural/agriculture-banking/allied-activities
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What a Bank could question?
Applicant experienced in the field?
Is adequate number of good breed animals available in the area?
Is there any Government farm which can supply?
What is the breed of goat proposed to be purchased and what is the prevailing price in the area?
Are there sufficient grazing facilities available in the area and whether the beneficiary has lands for cultivation of fodder?
What is the scope for penning the flock in others’ fields during nights for manure purposes? What are the charges per night? (if you have more no’s)
Has the applicant got necessary accommodation to keep the animals? Has the applicant got the required labor to take care of the goats?
What is the marketing arrangement?
What is the type of veterinary care available?
Has the Veterinary Department agreed to value the animals, issue health certificates, tattoo the animals, periodically examine the flock and provide necessary medical care?
Are pregnant animals proposed to be purchased? If not, what is the age of the animals to be purchased?
When and in what numbers will the progeny be ready for sales during the next three or four years?
What should be the period of repayment and amounts of various installments with reference to the income from sales?
Informational content for the people to come out of the eduaction loan NPA. Content is only informational. Listener's to consult your banker for advise and actions.
What is the Benefit of Switching to Repo Linked Lending Rate Regime ?
How much can you save?
Explained with Actual prevailing Interest Rates.
For Historical Data : https://sbi.co.in/web/interest-rates/interest-rates/benchmark-prime-lending-rate-historical-data
- Explained with the Scenario which assumed That Bank will let you pay EMI wity reduced Tenor . This May vary withbanks. Kindly be guided by your Bankers.
Video is an Illustration only
GECL is an Emergency Credit Facility at Bank for the Existing Loan customers. Many complications of the scheme were simplified in this video.
More Details: https://bank.sbi/web/business/sme/sme-government-schemes/guaranteed-emergency-credit-line
Housing Loan is seems to be complicated. But its most prefered by the bank as its a long term relationship witg customer.
Many commoners due complexities, borrow money from MONEY lenders and struggle. They neither complete the house construction nor pay the borrwered amount.
Use Banks to borrow money , safe abd Secure
List of eligible towns : https://www.pchf.in/Docs/PMAY-Town-List.pdf
Explained KCC Steps in tamil
Application: https://pmkisan.gov.in › KccPDF Web results Kcc.pdf - PM Kisan
IOB form : https://www.iob.in/upload/CEDocuments/Agri-1.pdf
Plus
https://www.iob.in/upload/CEDocuments/Agri-15.pdf
Scale of Finance: http://www.slbctn.com/Scale_of_Finance_for_FY_2020-21.aspx
BRIEF OF THE SCHEME:
Interest subvention @2% p.a is available for loan amount upto Rs. 3 Lacs
Additional interest subvention @3% p.a for prompt repayments
Notified crops / notified areas are covered under crop insurance for all KCC loans
Quantum of loan for 1st year will be assessed on the basis of Cost of cultivation, post-harvest expenses and farm maintenance cost
For subsequent 5 year loan will be sanction on the basis of increase in scale of finance
Collateral security is waived for KCC limit upto Rs. 1.60 lac.
Feel free to mail Letmedoit38@gmail.com for queries
Business Loan via Mudra Shishu for small time business expained in tamil
step by step procedure for walked through.
UDYAM Registration: https://udyamregistration.gov.in/Government-of-India/Ministry-of-MSME/online-registration.html
Application form / English : https://www.mudra.org.in/Default/DownloadFile/Common_loan_Application_form.pdf
Application Form /Tamil: https://www.iob.in/upload/CEDocuments/Shishu%20Tamil.pdf
Apply Online : www.vidyalakshmi.co.in
Eduaction loan steps in Tamil. Why drop education for the lack of Money? Why borrow at high interest rates when you can a lower rate? Interest for full course period subsidized by Union Government.
Courses eligble: http://www.dif.mp.gov.in/HigherEdu/IBAEduLoanScheme.pdf
Interest Subsidy Scheme:
https://www.vidyalakshmi.co.in/Students/resources/SubsidyScheme.html
Cattle loan #Dairy Loan
Step by step guide to understand and avail Cattle loan
மாட்டு கடன் வாங்கும் வழிமுறைகள்
https://www.iob.in/Agriculture-loan-form
Agri Form7 and Form1