Prabhu Bank makes federal government’s subsidized loan programs more convenient and accessible; targets different sectors and population as per government guidelines

Prabhu Bank, to facilitate the federal government’s scheme to provide sectoral loan facilities with subsidized interest, has restructured its loan programs as follows to meet the demand of target recipients.

Commercial agriculture and animal farm loan: upto Rs 5 crore for 5 years.

Educated youth employment loan: for youths below 40 years and is available for upto Rs 7 lakh for 5 years.

Sahakari loan scheme for abroad returnee skilled manpower: credit of upto 10 lakh for 5 years

Ujeli loans for women entrepreneurs: credit of upto Rs 15 lakh for 5 years for women led business (women over 18 years)

Karmabir Loan scheme: credit of upto Rs 10 lakh for people from Dalit communities

Gyaan loan scheme for higher technical and vocational education: credit of Rs 5 lakh for 5 years for students from socially and economically marginalized communities and remote locations.

Sahasi loan scheme for earthquake affected population: credit of upto Rs 3 lakh for earthquake survivers for 5 years for reconstruction purpose

Customers willing to learn more about these schemes can receive more information by visiting any branch of the bank, as per the media statement.

Customers can also register their loan application via SMS and email by following the procedures given below:

SMS: type M ‘loan email id’ and send SMS to 37777.

Email:                  M  loan@prabhubank.com