Jharkhand State Gramin Bank Will Give Loan On CNT Land

Jamshedpur 14th Jan, 2021: The people of Chhotanagpur Tenancy Act (CNT), which is considered as a barrier in the matter of land for the tribal community of Jharkhand will now be able to get home loans.

For this, the big announcement has been done by Jharkhand State Gramin Bank. 

On Friday, Jharkhand State Gramin Bank chairman Sunil Vinayak Jhode was having an important meeting with the managers of banks at the regional office at Mango Dimna in Jamshedpur, where he interacted with the media and gave the official information. 

He informed that loans are being given under Kisan Credit Card (KCC), Self – Help Groups, and National Rural Livelihoods Mission. It is a bank that has started giving home loans on CNT land. 

For this, the bank will deposit the applicant’s land for 15 years, which will have to be renewed every five years.

So far, more than two lakh self-help groups have been given loans. 

The NPA of this bank has reduced considerably. It lives up to the trust of customers.

The chairman informed that the loan waiver of Rs 50,000 has been announced by the state government. The loan waiver process will start within a week.

He also mentioned that this loan will be waived for the KCC holders whose accounts have been renewed. If a farmer has not been able to get this account renewed, then he should do it by 31st January. 

The farmers can avail the benefit of this scheme of the state government after getting renewed.

It is the first bank in the state to open eight lakh savings accounts between April and December, working in the Corona period. This shows the trust of the villagers and the duty of the employees towards the bank. 

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