MUZAFFARNAGAR

Punjab National Bank

(Lead Bank Office)

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It's a liasoning office between banks and Govt. Department agencies. It's main objective is to prepare and implement Annual Credit Plan of the District  through banks by incorporating various Govt. sponsored schemes.

Location :                     Punjab National Bank, Lead Bank Office, New Mandi, Muzaffarnagar - 251001

Phone No. :  (0131) 403718        Fax No. (0131) 405096    E-Mail- PNB RO MZN@ NDE. VSNL. IN

Head of the Department:  Lead District Manager

No. of Projects/schemes: Annual Credit Plan Rs. 213.89 crore has been envisaged for the District, Muzaffarnagar for the financial year 2000-2001.

    As the annual credit Plan has to be in tune with the plans of government developmental agencies, due emphasis has been laid on various government sponsored schemes viz. SGSY, PMRY, SJSRY, SCP, Khadi Gramodhyog schemes etc. The successful implementation of plan is possible only through the active co-ordination amongst the various financial institutions and govt. development departments. It also requires the timely and constant monitoring of progress by controlling offices of the individual banks as also through the forum of BLBC/DCC/DLRC.

    Achievement under Annual Credit Plan 1999-2000 was Rs. 201.29 crores as against the target of Rs. 180.05 crores . As on 31.03.2000 the total bank branches looked after by Lead Bank are 224. Out of these 122 are rural, 57 are semi-urban and 45 branches are urban. The total deposits of these branches as on 31.03.2000 were Rs. 1509.68 lacs and total advances were Rs. 613.57 lacs out of which Priority Sector Advances were Rs. 428.34 lacs.

BLOCK DESC TARGETS
CL MI LD FM PH OTH TOTAL
NO.OF A/C AMT. NO.OF A/C AMT. NO.OF A/C AMT. NO.OF A/C AMT. NO.OF A/C AMT. NO.OF A/C AMT. NO.OFA/C AMT.
BAGHRA 3253 44079 97 1450     67 13375 8 1092 163 2386 3588 62382
BUDHANA 4053 52953 4 60     70 14605 33 4700 131 2351 4291 74669
CHARTHAWAL 6784 89476 31 550     76 14795 3 408 258 4409 7152 109638
JANSATH 9091 117874 190 3660     132 24585 70 1750 381 6305 9792 154174
KAIRANA 4247 51315 34 490     82 16680 10 500 162 2652 4535 71637
KANDHLA 5147 69722 24 370     101 19830 17 2800 106 1895 5395 94617
KHATAULI 10438 132183 139 2285     121 24755 180 8600 209 3735 11087 171558
MORNA 7324 85287 95 1425     93 13210 40 1000 238 3440 7790 104362
M.NAGAR 6265 77404 156 2590     132 25935 83 4186 172 3265 6808 113380
PURKAZI 4821 60669 160 2650     77 15705 125 4500 216 7235 5399 90759
SHAHPUR 5351 68760         64 12560 21 2500 95 1647 5531 85467
SHAMLI 6567 87387 90 1520     108 20665 63 1400 342 7406 7170 118378
THANABHAWAN 5951 70773 185 3100     74 14370 45 1100 289 3900 6544 93243
UN 6573 84876 62 930     109 21660 45 2250 526 7610 7315 117326
TOTAL 85793 1092758 1267 21080     1306 252730 743 36786 3288 58236 92397 1461590

                            SALIENT FEATURES OF THE SCHEMES

PARTICULARS SGSY PMRY SCP
1. ELIGIBILITY Persons belonging to BPL families already identified & approved by gram sabha. Financing will be done through self help groups. One person from each BPL family can become member of SHGS. Educated unemployed youth with minimum qualification of 8th standard passed. Neither the income of the beneficiary along with the spouse nor the income of the parents of the beneficiary shall exceed Rs. 24,000/-pa. SC/ST families, annual family income below poverty line.
2. Age Group Minimum age 18 years. 18 to 35 years (45 years for SC/ST/EX-servicemen/Phy. Hand. & Women. Minimum age 18 years.
3. Maximum Amount No investment ceiling other than the unit cost i.e. investment requirement worked out for the project duly approved by district level committee. Composite loan upto Rs. 2 lakh for other then business sector. For business sector upto Rs. 1 lakh. Rs. 12,000/- to Rs. 7 lakh Average Cost Rs. 25,000/-
4. Interest Rate up to 2 lakh- PLR of the concerned Bank upto 2 lakh- PLR of the concerned Bank upto 2 lakh- PLR of the concerned Bank.
5.Margin NIL 5% to 16.25% of Project Cost so as to make the total of subsidy & margin Money equal to 20% of the project cost. Margin money loan provided by corporation is to be treated as margin.
6. Security Assets created out of bank loan would be hypothecated for individual loans up Rs. 50000/- and group loans-up to Rs. 3 lakh. Above that mortgage of land/third party guarantee. Hyp. of assets. No collateral security for projects upto Rs. 1 lakh. Hyp. of assets/Third party guarantee/collateral security.
7. Repayment All SGSY loans are to be treated as medium term loan with minimum repayment period of five years. 3-7 year with grace period of 6-18 months. 3-5 years.
8. Capital Subsidy 30% of the project cost, subject to maximum of Rs. 7500/- for SC/STS, it will be 50% of the project cost subject to a maximum of Rs. 10000/- For Groups, the subsidy would be 50% of the project cost, subject to a ceiling of Rs. 1.25 lakh. Subsidy is back ended. 15% of the project cost subject to a ceiling of Rs. 7500/- 50% of the project cost with a ceiling of Rs. 6,000/-.
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PARTICULARS SJSRY GOAT SMD
1. Eligibility Under employed and unemployed urban youth whose annual family income is below the poverty line & who have got education upto 9th standard (there will be No minimum educational Qualification for beneficiaries) beneficiaries will be identified listed on the basis of survey. Residency in the town for at least 3 years. Young persons above poverty line selected through selection committee. Any unemployed/Semi-employed who is a person member of any milk society or is becoming member in near future. Having land of one acre for general & half acre for SC/ST beneficiaries.
2. Age Group Minimum age 18 years Minimum age 18 years. Minimum age 18 years.
3. Maximum Amount Project upto Rs. 50000/- is under the scheme in case of individual 95% of the project cost would be sanctioned as composite loan by bank. Rs. 28000/- For 2 animal unit Rs. 22815. For 4 animal unit Rs. 45630/-.
4. Interest Rate upto 2 lakh PLR of the concerned Bank. upto 2 lakh-PLR of the concerned bank. upto 2 lakh- PLR of the concerned bank.
5. Margin 5% of project cost. For SC/ST 17%, For General 25% NIL (Subsidy is to be treated as margin).
6. Security HYp. of Assets Hyp. of Assets Hyp. of assets, Land mortgage if loan amt. above Rs. 25000/- & Tripartite agreement between bank, borrower and milk society.
7. Repayment 3-7 years with grace period of 6-18 months. 3 years. 5 years.
8. Capital subsidy 15% of the project cost subject to a ceiling of Rs. 7500/-. For SC/ST. 33% For General 25% For SC/ST 33% maximum Rs. 10,000/- for General 25% maximum Rs. 7500/-.

|TREASURY|STAMP & REGISTRATION|ENTERTAINMENT|TRADE TAX.|MANDI SAMITI-MZN| MANDI SAMITI,SHAMLI |MUNICIPAL BOARD|GOVT. DEP.|HOME PAGE|