LEAD BANK (P.N.B.)-MUZAFFARNAGAR

MUZAFFARNAGAR

Punjab National Bank

(Lead Bank Office)

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/-.