krishna grmeena bank
TRANSCRIPT
ROLE OF KRISHNA GRMEENA BANK IN DEVELOPMENT OF SSI: A
STUDY WITH REFERENCE TO GULBARGA CITY.
SCOPE OF THE STUDY:
A study relating to financial institution for providing different levels of
loans like long-term, mid-term & short-term loans to small scale industry to
improve the production & operation capacity of an industry. KGB provide
long term loan to SSI to improve infrastructural condition in SSI also provide
short & mid term loans to meet the working capital needs to SSI. Most of the
study reveal that the study is related to the extent of credit facilities, trade-
loan facilities give to different size group of SSI & assessment of its input on
beneficiaries.
OBJECTIVES OF THE STUDY:
a) To trace the need for evaluation of financial institution in development
of industries in general and KGB in particular.
b) To study the role of KGB in development of industries in Gulbarga city.
c) To study the financial assistance in the form of subsidies and
incentives provided by KGB.
d) To ascertain Impact financial assistance provided by KGB in
development of industries.
e) To assess the utilisation and repayment of loan amount borrowed by
the sample beneficiaries.
f) To summaries the findings and make suitable suggestion in the light of
finding of the study.
METHODOLOGY OF THE STUDY:
This study was conducted for different small scale industrial units at
Gulbarga city. The present study uses the data from both sources as listed
below;
i) Primary Data:
The Primary data has been collected through questionnaire & personal
interview method with the respondent units.
ii) Secondary Data:
The Secondary data was collected from the banks. Annual reports &
record maintained of the small scale development institution, book & some
sites on the net.
LIMITATIONS OF THE STUDY:
The present study also not free from certain limitations. The following
are the some of the limitations.
1. Time is the main constraint because of the project work is to be
completed within a stipulated period of time.
2. The proprietor owing them are in many cases are illiterate & therefore,
not in a position to appreciate the value of there survives or research
studies.
3. Some proprietor are of raid of parting it any information no amount of
persuasion could bring about the desired results.
4. This study is confined to Gulbarga city only.
CHAPTER SCHEME:
The study has been divided into 5 chapters.
Chapter One: Exclusively deals with introduction to the study, objectives of
the study, statement of problem & scope for the study. Limitation also
mentioned.
Chapter Two: Provides detailed profile of the bank and Gulbarga city a brief
profile.
Chapter Three: Provides an over view of the small scale industries.
Chapter Four: Deals with analysis & interpretations of the data collected,
during the course of survey.
Chapter Five: Provides the findings of the study along with the suggestion.
KGB Brief Introduction:
KGB is established on 01.12.1978 under the RRBS Act 1976, the Bank
has completed 30 Years of its meaningful service to the people of Gublarga
and Bidar districts. Since inception, the bank is striving hard to achieve its
set objectives by serving 631 villages of Gulbarga district in its service area.
The bank has now extended the coverage to all urban and semi-urban
centers in both the districts.
It is indeed heartening to note that KGB has been adjudged as the 3rd
best RRB among SBI sponsored RRBs in the country for the year 2002-03,
the first ever large size RRB headed by a deputy geberak manager if Senior
Benefits and Utilization Management (SBUM) ti attain this coveted status.
During the year 2008-09 the bank crossed a major milestone by
surpassing Rs.1916 crores of business by registering a growth of 18.27%
over the previous year. Further the Bank has nearly doubled its total
Business during the last 3 years from Rs. 1000 crores as on march 2006 to
Rs. 1916 crores as on March 2009. Systematic, proactive and sustained
efforts are continued to accomplish all round excellence.
2 BRANCH NETWORK:
Table No: 2.1 District wise Branches
Districts No. of Branches
Gulbarga 85
Bidar 34
Total 119
Source: 2008-09 Annual report of KGB
As at the end of the financial year, the Bank is having a well spread-out
network of 119 branches, 85 in Gulbarga district and the remaining 34 in
Bidar district with the followign composition.
Sl. No.
Category of BranchesGulbarg
a District
Bidar Distri
ct
Total
1. Urban 07 03 10
2. Semi-Urban 12 04 16
3. Rural 66 27 93
Total 85 34 119
During the financial year 2008-09, the bank has opened 3 New
branches two in Gulbarga District and one in Bidar district. There are 4 Area
offices, of which are in Gulbarga District situated at Gulbarga, Sedam and
Shahapur and one in Bidar.
3. LOANS AND ADVANCES OUTSTANDING:
The bank has recorded a growth of Rs. 14, 51,407 thousands during
2008-09 as against Rs. 14, 09,695 thousands during the last year. (Achieved
during the previous year 2007-08). During the year the bank has disbursed
Rs. 48, 18,642 thousands as against ACP target of Rs. 42, 82,585 thousands.
4. KRISHNA KRISHI CARD (KKC) SCHEME:
Kisan credit cards under KGB brand name KRISHNA KRISH CARD, the
bank has disbursed an amount of Rs. 342,45,46 thousands to 25926 new
formers during the year, with this the total number of KKCS issued by the
bank has short of to 167383. All eligible borrowers have been issued with
the credit cards and personal accident insurance cover has been provided to
all the eligible card holders (i.e below the stipulated age of 70 Years) under
personal Accident Insurance Scheme (PAIS). The share of premier borne by
bank is Rs. 1498 thousands as against Rs. 499 thousands contributed by
borrowers.
5. SWAROJGAR CREDIT CARDS (SCC):The bank has sanctioned 108 SCC during the year 2008-09, taking the
cumulative number of cards issued to 9966 as against 9858 as on
31.03.2008. Amount outstanding decreased to Rs. 1867.12 laksha as on
31.03.2009 from Rs. 2329.89 lakhs as on March 2008 due to substantial
recovery during the year.
The Bnak has erected swarozgar credit card scheme publicity
hoardings at 16 prominent places at district and taluka centers for publicity
of swarojgar Credit card (SCC) scheme, which enhanced the Bnak’s image.
6. OTHER PARTICULARS:
a) Human Resources Development/Training:
Due importance has been given for imparting training to staff to
upgrade their knowledge and skill by deputing the staff to upgrade their
knowledge and skill by deputing the staff to different training centers of SBI,
NABARD and Reserve Bank of India. During the year as many as 460
members of staff were deputed to various training centers. Special training
programs were held for messenger.
The Bank believes in the philosophy of “Learning is a Continuous
Process”. Bank is deputing the staff to different training centers of
SBI/SBH/NABARD/NIRB/NIRD and RBI. The Bank also has conducted in house
training to RDO’s with the completion of 100% computerization of the Bank,
Bank has imparted computer training covering 460 staff and officers during
the year.
The details are as under:
Sl. No.
ParticularsNo. of
employees trained
1. Deputation to various training institutes
144
2. Computer Training 460
3. In house Training for RDO’s -
With the approval of the board and after getting permission from
sponsor Bank, Bank has recruited 31 officers and 56 clerical staff and
required training provided to new staff at different training centers.
b) Industrial Relations:
There are three Associations/unionism the Bank viz., Krishna Grameen
Bank Officers Association, Krishna Grameena Bank Employees union and
Krishna Grameena Bank SC/ST Staff Association.
Cordial and harmonious relationship has been maintained without
compromising on staff discipline and productivity. Excellent work has been
done by majority of KGB staff in reduction of NPAs, maximizing profits,
eliminating four loss making branches of previous year reinforcing the
rapport with the banks clientele, marketing of SBI life products, prompt
submission lead bank return, shifting of head office premises to a new
premises celebration of silver jubilee, training programme, SHG linkage
programme, etc., deserves special mention and commendation, KGB staff
have responded spontaneously to the suggestion of KGB chairman. For a
gradual adoption of formal dress code voluntarily in a phased manner. A
modest beginning has been made already in this direction.
c) Computerization:
After achieved 100% computerization of Head Office, Area Office, and
112 branches, the Bank is moving towards migration of all branches to core
Banking solution (CBS). As per the direction received from the State Bank of
India, our sponsor Bank, CBS Software Bank 24, (which is being used at SBI
branches), will be rolled out in all our branches. The whole process of
migration to CBS is to completed on 30.09.2009, core Banking
implementation team consisting of Six members has been formed to
implement the project in the Bank.
d) Corporate Governance:
The Bank is committed to follow the best practices in the area of
corporate Governance. We KGB believe that proper corporate Governance
facilitates and guarantees effective management and promotion/control of
business activities. As part of corporate Governance, it has formed an audit
committee of the board which held its first meeting on 8th December 2009
and deliberated on important aspects.
During the year, six Board meetings and five Audit committee
meetings were held. Valuable services have been rendered by the Directors
of the Board.
With a view to bring greater objectivity in audit & inspection area, it is
now getting officers from other RRBs Sponsored from SBI group to inspect
our branches, by and large, time discipline has been maintained in
compliance/closure of inspection report.
e) Popularizing Solar Energy:
The Bank has taken special efforts to popularized solar lighting at
villages where power supply is inadequate / erratic. To this end a special as
been formulated under tie-up arrangement with a reputed solar equipment
manufacturer. KGB branches facing power crisis in remote corners have also
being supplied with solar equipment to popularize non-conventional
renewable energy. KGB has installed solar lighting system in our garden
head office.
BEST PRACTICES IN CORPORATE GOVERNANCE OF KGB
KGB has been adjudged as the Best RRBs amongst SBI Sponsored
RRBs for the year 2003-04 (Second Position)
For the second consecutive year, KGB has bagged shield for excellent
performance in SHG coverage for the Bank and two branches in
Karnataka state from NABARD.
Introduced audit committee of the bank’s Board of Directors I Two
meetings has been held already effective follow-up action.
Introduction of Asset Liability Management by constituting a Asset
Liability Committee comprising Chairman, General Manager, Manager
(Funds)
Self Help Promoting Institution (SHPI)-an exclusive woman
development officer.
100% timely submission of lead bank returns
Two rural godowns financed already. Two proposals for cold storage
financing are under consideration. Agree-clinics financed-and two on
the lookout for new ones.
Besides financing income generation activities, we have been actively
financing cash surplus SHG members with LPG cylinders & stove, solar
lighting system, rural housing and toilet facilities etc., to improve their
quality of life.
Extensive coverage of SC-ST & Minorities under over lending activity.
Harmonious Industrial Relations without compromising on discipline,
Punctuality, Productivity & Efficiency.
Catering to the training needs by utilizing the facility at no cost or
moderate cost with bankers institute for rural development, Lucknow,
NABARD, College of Agricultural Banking, RBI Pune, SBI, SBI Life, NGO’s
Introduction of Quality Circle at Head office, Initiation of the process of
adoption of voluntary dress code for staff by utilizing the cash
incentive amount of Rs. 4.54 Lakhs received from SBI life for marketing
their products.
Building a brand image for the bank for the bank by introducing
various schemes/programs with nick name ‘KRISHNA like Krishna
Dhara (Minor Irrigation), Krishna Krishi Card, Krishna Gold Card,
Krishna Jeevana Mitra-a saving bank deposit scheme with insurance
benefit, krishna Mahila Mangala Yozane, Krishana Senior Citizen
deposit scheme, Krishna Sameepya (A customer relation program),
Krishna Jyoti ( A solar energy lighting system) etc.
Participating in AIR sponsored phone in program by the chairman
where in 45 minutes, our clintal/general public fielded 23 interesting
questions, which were answered satisfactorily. The program has been
well received & appreciated by the user public
Long range, short range planning pro-activeness, perseverance, team
building, customer friendliness, building up quality & profitable
business, meticulous adherence to systems/procedures, control
mechanisms, honesty, sincerity, transparency have been hallmarks of
our functioning.
(SOURCE: Annual Report of Krishna Grameena Bank, 2008-09)
HISTORY OF GULBARGA
GULBARGA was known as ‘KALBURGI’ in former days which means
stony land in Kannada. Gulbarga district is situated in the northern part of
Karnataka State. In the earlier days, Gulbarga was a district of Hyderabad
Karnataka area and became a part of Karnataka State after re-organization
of states.
Recorded history of this district dates back to the 6th Century AD. The
Rashtrakutas gained control over the area but the Chalukyas regained their
domain within a short period and regained supreme for over two hundred
years. The Kalahari’s who succeeded them ruled till the 12th Century AD.
Around the close of the 12th century.
The Yadavas of Devagiri and the Hoysalas of Dwarasamadra destroyed
the supremacy of the Chalukyas and kalachuris. About the same period the
kakatiya kings of Wrangle came into prominence and the present Gulbarga
and Raichur districts formed part of their domain. The Kakatiya power was
subdued in 1321 AD and the entire Deccan including the district of Gulbarga
passed under the control of the Muslim Emperors of Delhi.
(Source : www.gulbargacity.com)
The revolt of the Muslim officers appointed from Delhi resulted in
founding of the Bahmani kingdom in 1347 AD, by Hassan Gangu who chose
Gulbarga to be his capital. When the Bahmani dynasty came to an end, the
kingdom broke up into five independent Sultanates and the present Gulbarga
district came partly under Bidar and partly under Bijapur.
With the conquest of the Deccan by Aurangezeb in the 17th century,
Gulbarga passed back to the Mughal Empire. In the early part of the 18th
century when Mughal Empire was declining Asaf Jha a general of Aurangzeb
became independent and formed the Hyderabad State in which a major part
of Gulbarga area was also included .In 1948 Hyderabad state became a part
of Indian Union and in 1956, excluding two talukas which were annexed to
Andhra Pradesh the remaining talukus of Gulbarga district became part of
New Mysore State.
Gulbarga is 613 Km north of Bangalore and well connected by road to
Bijapur Hyderabad and Bidar. Train from southern part of India to Mumbai
and Delhi passes through Gulbarga. Shri Kshetra Gangapur an well known
pilgrimage of God Shri Sadguru Dattarya is very close from Gulbarga. The
climate of the district is generally dry and healthy with temperature ranging
from 5c to 45c and an annual rainfall of about 750mm. The entire district is
situated in Deccan Plateau and the general elevation ranges from 300 to 750
meters above MSL.
Two main river, Krishna and Bhima, flow in the district the predominant
type of soil in the district is black soil. The district has a large number of
tanks which in addition to the river irrigate the land. The Upper Krishna
Project is major irrigational venture in the district Jowar, groundnut rice, and
pulses are the main crops.Gulbarga an industrially backward district is
presently showing signs of growth in the Cement, textile, leather and
chemical industries sectors. Gulbarga has a University with Medical and
Engineering Colleges.
This town was the Bahmani capital from 1347 until its transfer to Bidar
in 1428 Later the kingdom broke up into a number of smaller kingdoms -
Bijapur, Bidar, berar, Ahmednager and Golconda. The last of these,
Golconda, finally fell to Aurangzeb in 1687. Gulbarg’s old moated fort is in a
much teteriorated state, but it has a number of interesting buildings inside
including the Jama Masjid, reputed to have been built by a Moorish architect
during the late 14th or early 15th century who imitated the great mosque in
Cordoba, Spain. The mosque is unique in India, with a huge dome covering
the whole area, four smaller ones at the corners, and 75 smaller still all the
way around. The fort itself has 15 towers. Gulbarga also has a number of
imposing tombs of Bahmani kings, a shrine to an important Muslim saint and
the Sharana Basaveshwara Temple.
INDUSTRY & COMMERCE:
District ranks 13th in the industrial development. It is endowed with
rich deposits of limestone and houses major cement factories. Besides, the
district has rich mineral deposit of gypsum, moulding sand, quartz,
calcareous with Shahabad stone, steatite and pink granite. Details of
industries in the district are furnished below:
SMALL SCALE INDUSTRIAL UNITS ............................. 9947EMPLOYEES ............................. 65934NUMBER OF FACTORIES (2001) ............................. 150EMPLOYEES ............................. 24390UNEMPLOYED ON LIVE REGISTER (2002) ............................ 11500The total number of SSI units on 31st March, 2009 were ........ 12437
Now the number of SSI units has been increased from 12437 in the year 2008-09 to 15346 in the year 2009-10.
Rural banking in India started since the establishment of banking sector in India. Rural Banks in those days mainly focussed upon the agro sector. Regional rural banks in India penetrated every corner of the country and extended a helping hand in the growth process of the country.
SBI has 30 Regional Rural Banks in India known as RRBs. The rural banks of SBI is spread in 13 states extending from Kashmir to Karnataka and Himachal Pradesh to North East. The total number of SBIs Regional Rural Banks in India branches is 2349 (16%). Till date in rural banking in India, there are 14,475 rural banks in the country of which 2126 (91%) are located in remote rural areas.
Apart from SBI, there are many other banks which function for the development of the rural areas in India. These banks are listed below:
Andhra Pradesh Bihar
Andhra Pradesh Grameena Vikas Bank
Andhra Pragathi Grameena Bank Deccan Grameena Bank Chaitanya Godavari Grameena
Bank Saptagiri Grameena Bank
Chhattisgarh
Chhattisgarh Gramin Bank Surguja Kshetriya Gramin Bank Durg-Rajnandgaon Gramin Bank
Madhya Bihar Gramin Bank Bihar Kshetriya Gramin Bank Uttar Bihar Kshetriya Gramin
Bank Kosi Kshetriya Gramin Bank Samastipur Kshetriya Gramin
Bank
Gujarat
Dena Gujarat Gramin Bank Baroda Gujarat Gramin Bank Saurashtra Gramin Bank
Haryana
Harayana Gramin Bank Gurgaon Gramin Bank
Jammu & Kashmir
Jammu Rural Bank Ellaquai Dehati Bank Kamraz Rural Bank
Assam
Assam Gramin Vikash Bank Langpi Dehangi Rural Bank
Jharkhand
Jharkhand Gramin Bank Vananchal Gramin Bank
Madhya Pradesh
Narmada Malwa Gramin Bank Satpura Kshetriya Gramin Bank Madhya Bharath Gramin Bank Chambal-Gwalior Kshetriya
Gramin Bank Rewa-Sidhi Gramin Bank Sharda Gramin Bank Ratlam- Mandsaur Kshetriya
Gramin Bank Vidisha Bhopal Kshetriya Gramin
Bank Mahakaushal Kshetriya Gramin
Bank Jhabua Dhar Kshetriya Gramin
Bank
Himachal Pradesh
Himachal Gramin Bank Parvatiya Gramin Bank
Punjab
Punjab Gramin Bank Faridkot-Bhatinda Kshetriya
Gramin Bank Malwa Gramin Bank
Kerala
Narmada Malwa Gramin Bank North Malabar Gramin Bank
Tamil Nadu
Pandyan Grama Bank Pallavan Grama Bank
Maharashtra
Marathwada Gramin Bank Aurangabad -Jalna Gramin Bank Wainganga Kshetriya Gramin
Bank Vidharbha Kshetriya Gramin
Bank Solapur Gramin Bank Thane Gramin Bank Ratnagiri-Sindhudurg Gramin
Bank
Karnataka
Karnataka Vikas Grameena Bank Pragathi Gramin Bank Cauvery Kalpatharu Grameena
Bank Krishna Grameena Bank Chikmagalur-Kodagu Grameena
Bank
Rajasthan
Baroda Rajasthan Gramin Bank Marwar Ganganagar Bikaner
Gramin Bank Rajasthan Gramin Bank Jaipur Thar Gramin Bank Hodoti Kshetriya Gramin Bank
Visveshvaraya Gramin Bank Mewar Anchalik Gramin Bank
Orissa
Kalinga Gramya Bank Utkal Gramya Bank Baitarani Gramya Bank Neelachal Gramya Bank Rushikulya Gramya Bank
West Bengal
Bangiya Gramin Vikash Bank Paschim Banga Gramin Bank Uttar Banga Kshetriya Gramin
Bank
Meghalaya
Ka Bank Nogkyndong Ri Khasi- Jaintia
Arunachal Pradesh
Arunachal Pradesh Rural Bank
Manipur
Manipur Rural Bank
Mizoram
Mizoram Rural Bank
Nagaland
Nagaland Rural Bank
Tripura
Tripura Gramin Bank
Uttar Pradesh
Purvanchal Gramin Bank Kashi Gomti Samyut Gramin
Bank Uttar Pradesh Gramin Bank Shreyas Gramin Bank Lucknow Kshetriya Gramin Bank Ballia Kshetriya Gramin Bank Triveni Kshetriya Gramin Bank Aryavart Gramin Bank Kisan Gramin Bank Kshetriya Kisan Gramin Bank Etawah Kshetriya Gramin Bank Rani Laxmi Bai Kshetriya Gramin
Bank Baroda Western Uttar Pradesh
Gramin Bank Devipatan Kshetriya Gramin Bank Prathama Bank Baroda Eastern Uttar Pradesh
Gramin Bank
Uttaranchal
Uttaranchal Gramin Bank Nainital Almora Kshetriya
Gramin Bank
VISION - KGB
“To Be The Preferred Banking Institution
Of The People Of Our Area,
Committed To Improve The Living Standards
Of The Mass So as to achieve Inclusive Growth
With Sustained Viability”
MISSION 2010-2011 - KGB-
To Surpass Rs.2800 Crores Of Business by 31-03-2011.
To Earn A Minimum Net Profit Of Rs.30 Crores
To Bring down Gross NPA to below 1%
ORGANISATIONAL STRUCTURE:-
The Bank’s Head Office is located at Kusnoor Road, Gulbarga in its own building with spacious accomodation for all Administrative Departments, Board Room, Meeting Hall, Computer Lab and above all, Customer's Lounge. The building centrally air conditioned The Bank is headed by a Chairman, a TEG Scale-VI Officer on deputation from State Bank of India. The General Manager is also on deputation from State Bank of India & is of the rank of Asst.General Manager(AGM). The Manager(Audit & Vigilance) has responsibility of Audit & Vigilance of all the branches/Area Offices and various Departments at H.O.
The other departments at HO headed by a Manager are as under:1. Personnel Department2. Credit Management Department3. Asset Management Department4. Funds Management Department5. General Banking Department6. Computer Cell/Information Technology Department
The Branch net work is spread in to TWO REGIONS
1. Gulbarga Region : 54 branches2. Bidar Region : 48 branches3. Under GM’s control : 17 Branches
TOTAL: 119 branchesPRODUCTS AND SERVICES:-
DEPOSIT PRODUCTS Current Account Savings Bank Account- Term Deposit Account Special Term Deposit Account Recurring Deposit Account Krishna Nitya Nidhi Account Krishna Tax Saver Scheme
"KRISHNA SUPER SAVER TERM DEPOSIT" has been introduced with effect from 01.06.2006. The salient features of the scheme are as under:
1 Name of the Deposit SchemeKRISHNA SUPER SAVER TERM DEPOSIT
2 Scheme introduced with effect from 01-06-20063 Operation of the scheme up to Till further instructions
4 Period of DepositMinimum six year to Maximum ten years.
5 Minimum Deposit Amount Rs. 25,000/-
6 Type of AccountTerm Deposit and Special Term Deposit
7 Rate of interest 7.50% p.a. at quarterly rest.
8 Senior citizen and women Depositors 0.50% above the rate applicable to other depositors
9 Penalty for premature closure
0.50% below the rate applicable for the period for which deposit has remained with the Bank.
Nomination
The facility of Nomination is available for all deposit accounts in favour of individuals. Unless otherwise specifically, given in writing by depositors, nomination in deposit accounts is compulsory
A depositor(s) however has / have the right to specify different nominations for different accounts by completing the appropriate forms.
Further, the applicant(s) is / are at liberty to change the nominee during the currency of the relationship accounts with the Bank through declaration to that effect in the appropriate form
LOAN PRODUCTS
1. Krishna Krishi Card
2. Loan Against Warehouse Receipts
3. Agriculture Term Loans
4. Land Development
5. Farm Mechanisation
6. Plantation and Horticulture Crops
7. Dairy Development Commercial
8. Gold Loans
9. Education Loans
10. Consumer Durables
11.Self Employment and Professionals
12. Retail Traders and Small Business Finance
13. Insurance Products
14. Housing Loans
15. Mortgage Loans
16. Agriculture Gold Loans
17. Clean Demand Loans
18. General Term Loans
19. SRTO/Vehicle Loans
KRISHNA KRISHI CARD : CROP LOANS:
Purpose : For raising different types of field crops.
Eligibility : All the farmers are eligible.Loan amount: As per scale of finance/need base for different kinds of crops.Disbursement: Immediately after sanction and documentation.Security Margin:Up to Rs.50,000/- > Loan agreement
Above Rs.50,000/- > Equitable/registered mortgage on landed property Margin : 10%Repayment:After harvest and marketing of agriculture produce.Records to be provided: a) Loan amount up to Rs.50,000/- :
(i) ROR (ii) Holding Certificate (iii) No due certificate (iv) Photos (3) b) Above Rs.50,000/- :
(i) ROR (ii) Holding Certificate (ii) No due certificate (iii) Photos (iv) Encumbrance Certificate (13 years) (v) Legal opinion (vi) Mortgage deed with Sub-Registar.
LOAN AGAINST WARE-HOUSE RECEIPTS
a.Purpose :- Any purpose
b. Eligibility :- Farmers having land and stored their produce at State ware-house or Central ware-house corporation.
c.Loan amount :- 70% of the market value of the agriculture produce stored.
d. Disbursement pattern:- Single instalment immediately after Completion of documents.
e. Security Margin :- Pledge on ware-house receipts.
f. Repayment :- Within the stipulated date of ware-house Corporation.
g. Records to be produced :- 1) Warehouse receipt – State or Central 2) Pledge note from warehouse corporation.
Minor irrigation including lift irrigation: a) Purpose : New well, bore-well, SIP set, IP set, DP set, Pipe line, sprinkler and drip irrigation etc. b) Eligibility : All the farmers owning minimum of 3 acres of of land.
c) Loan amount : As per NABARD unit cost. d) Disbursement : For development activity in the field, in stages, and purchase of assets as per quotation directly to the dealer. e) Security & Margin: 1.Loan up to Rs.50,000/-: Loan agreement and hypothecation of moveable assets. 2.Above Rs.50,000/-: Hypothecation of assets created. Equitable/registered mortgage of landed property. Margin : 10-25% depending on cost of the scheme. f) Repayment : 5 years to 10 years depending on the scheme. Minor irrigation including lift irrigation: g) Records to be produce: Loan up to Rs.50,000/-:
1. ROR, Holding certificate, No due certificate. 2. To purchase IP set, Pipeline – quotation. 3. For lift irrigation : Water lifting permission from department of Minor Irrigation Loan above Rs.50,000/-:
1. ROR, Holding certificate, no due certificate. 2. 13 years emcumberance certificate. 3. Legal opinion on landed property. 4. IP set, pipeline, drip sets, sprinkler sets, SIP set etc.,: Quotation. 5. Passport size : 3 photos.
LAND DEVELOPMENT:a) Purpose : For leveling, bunding and silt application. b) Eligibility : All the farmers owning the landed property. c) Loan amount : Rs.4000/- per acre. d) Disbursement : In stages by seeing the progress of work. Pattern. e) Security or Margin: i) Loan up to Rs.50,000/- : Loan agreement. ii)Loan above Rs.50,000/- : Equitable/registered mortgage on
landed property. iii) Margin : 10%
f) Repayment : 11 years with one year grace period. g) Records to be provided: i) Loans up to Rs.50,000/- :
ROR Holding certificate Photos – 3 No-due certificate
ii) Loans above Rs.50,000/- ROR Holding certificate 13 years EC Legal opinion on landed property Photos 3 No due certificate
FARM MECHANISATION:a) Purpose : To purchase tractor+trailor and agriculture equipments. b) Eligibility : Farmer should own 6 acres of perennial irrigated (12 months) or 15 acres of dry land. c) Loan amount : As per quotation of tractor+trailor+ agriculture implements. d) Disbursement : Directly to the dealer as per quotation enclosed. pattern. e) Security and Margin:
Hypothecation of tractor+trailor+implements purchased out of bank finance.
Equitable/registered mortgage of landed property offered as a security.
Margin : 10-15% of project cost. f) Repayment : 18 half-yearly instalments with a grace period of 11 months. g) Records to provided:
ROR – 5 years. Holding Certificate No due certificate 13 years EC Legal opinion on landed property Quotation for tractor + trailor + implements Photos-3
PLANTATION AND HORTICULTURE CROPS :
a) Purpose : To promote and encourage farmers to grow different kinds of fruits crops in available infrastructure. b) Eligibility : All the farmers having irrigation source are eligible for loan. c) Loan amount : As per NABARD unit cost and infrastructure to be develop for growing of fruit crops. d) Disbursement : Disbursement of loan amount as per the schedule in pattern stages. e) Security Margin: Loan up to Rs.50,000/-: Loan agreement and hypothecation of moveable assets. Loan above Rs.50,000/-:
1. Loan agreement. 2. Hypothecation of moveable assets created. 3. Equitable / registered mortgage on landed property offered
as security. Margin : 10-15% of the project cost.
f) Repayment : 5-10 years depending upon hypothecation of fruit crops grown and the return on the same. g) Records to be provided:
Loans up to Rs.50,000/- : 1. ROR - 5 years. 2. Holding certificate 3. Photos – 3 4.No-due certificate
Loans above Rs.50,000/-
1. ROR-5 years 2. Holding certificate 3.13 years EC 4. Legal opinion on landed property 5. Photos 3 6. No due certificate
Copyright 2005 - 2006 © www.krishna grameenabank.com All Rights Reserved.Designed by SysFoCon Service Pvt.ltd
DAIRY DEVELOPMENT COMMERCIAL:a) Purpose : For rearing of milch animals as a allied activity to agriculture It supplements the agriculture income. It will provide full Employment opportunity to family members and labours. b) Eligibility: Farmers having irrigated land to grow green grass and dry fodder required to feed the animals.
c) Loan amt: As per NABARD unit cost to purchase CB cows, graded she-buffalos, shed construction, concentrate feed for one month, veterinary aid etc. d) Disbursement pattern: Disbursement of loan amounts as per schedule for construction of shed, equipment, animals and concentrate feed. e) Security + Margin. Loan amount up to Rs.50,000/-:
1. Hypothecation of animals and its offspring created out<> of bank finance. 2. Loan agreement. Loan amount above Rs.50,000/-:
1. Hypothecation of animals and its offsprings created out of bank finance. 2. Equitable/registered mortgage of landed property offered as a security to the loan amount.
f) Repayment : 60 equated monthly installments with 3 months grace period g) Records to be produced:
i)Loans up to Rs.50,000/- :
ROR- 5 years Holding certificate Photos – 3 No-due certificate from VSSN and other banks.
ii)Loans above Rs.50,000/-
1. ROR – 5 years 2. Holding certificate 3.13 years EC 4.Legal opinion on landed property 5.Photos 3 6..No due certificate
GOLD LOANS:a.Purpose : For any purpose i.e., personal needs. b.Eligibility : Existing customer of the branch c.Loan amount : Rs.450/- per gram d.Disbursement : Immediately after completion of sanction and Pattern documentation.
f.Security + Margin: Pledge on gold ornament. g.Repayment : Within 12 months from the date of availment. h.Records to be : Certificate from gold appraiser and demand Provided promissory note.
EDUCATION LOAN:Purpose : Financial assistance to meritorious students for pursuing higher education in India and abroad. Eligibility :Professional courses,engineering, medical, griculture, veterinary, dental medicine. Courses conducted by IIM, IIT etc. Studies abroad : Job oriented professional/ Technical courses offered by reputed universities. Loan amount : Need based finance subject to repaying capacityof the parents/students with margin. Rs.7.50 lakhs Studies in India : Maximum Rs.15lakhs Studies abroad : Maximum Disbursement : Disbursement of loan in stages directly to the Institutions, vendors of books, equipments etc. by means of DD/cheques. Security & Margin: Up to Rs.4 lakhs : No security Above Rs.4 lakhs: Collateral security equal to 100% of the loan amt. Margin:
Studies in India : 5% Studies abroad :10%
Rate of interest : 12% p.a. Repayment : Course period + 1 year or 6 months after getting the job, whichever is earlier. Repayment in 5-7 years after commencement of repayment.Records to be provided:
Marks sheet of last qualifying examination. Documents evidencing the duration of course and commencement. Proof of admission to the course. Photo copies – 3. Copies of foreign exchange, permit etc.
CONSUMER DURABLES: a) Purpose : To purchase home need items like TV, computer,
Refrigator etc.
b) Eligibility : Salarised persons/persons having monthly income.
c) Loan amount : Maximum Rs.25,000/- for purchase of consumer durables.
d) Disbursement Pattern: As per quotation directly to the dealer.
e) Security+Margin : Hypothecation of consumer durables.
Margin : 15-25% f) Repayment : 36 equated monthly instalments.
g) Records to be : 1) Quotation provided 2) Salary Certificate
3) Salary undertaking from drawing officer.
SELF EMPLOYED AND PROFESSIONALS:a) Purpose : To undertake gainful self employment.b) Eligibility : Persons undergone short duration training programmes and professionals like Doctors Engineers etc.c) Loan amount : Need based or cost of the project to be undertaken.d) Disbursement Pattern: i) Investment credit – Directly to the dealers/suppliers as per Quotation. ii) Working capital - Directly to the borrower to carry-out the business.e) Security + Margin : i)Loan amount up to Rs.25,000/- : Hypothecation of assets created. ii)Above Rs.25,000/- up to : Hypothecation of assets + Rs.50,000/- third party guarantee iii) Above Rs.50,000/- : Equitable/registered mortgage of immovable property worth equal to the loan amount.
Margin : 10-15%
f) Repayment : Monthly instalments.g) Records to be provided : I) Quotation for assets purchase out ofBank finance. ii) Legal Opinion on immovable property offered as security. RETAIL TRADERS AND SMALL BUSINESS FINANCE:
a) Purpose : For all eligible trading and small business activity.
b) Eligibility : All persons engaged in trading activity and petty business.c) Loan amount : Need base advance.d) Disbursement pattern : Cash credit account disbursement for replenishment of stocks.e) Security + Margin i) Up to Rs.25,000/- : Hypothecation of stock in trade. ii) Rs.25000/- to Rs.50000/-: Hypothecation of stock in trade + third party guarantee. iii) Above Rs.50,000/- : Hypothecation of stock + third party guarantee + registered/equitable mortgage on immovable property. Margin : 10-15% f) Repayment : I) Cash credit account repayable on demand. ii) General Cash Credit : Maximum 18 monthly instalments. g) Records to be provided: i) Receipts and bills ii) Stock statement for loan limit of Rs.1 lakh and above iii) Licence from competent authority.
INSURANCE PRODUCTS:
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i) Super Suraksha Group Insurance Scheme.
ii) SUDARSHAN, Endowment policy.
RATE OF INTEREST ON ADVANCES W.E.F.01.08.2008
SL.
NO
TYPE OF LOANS AND ADVANCESExisting
Rate
Revised Rate
(wef 01-08-2008)
1
ACC
Upto Rs.50000/- 7%Rs.50001/- to Rs.2 lakhs 7%
Above Rs.2 lakhs to 3 lakhs 7%Above Rs.3 lakhs 14%
2 ATL/AATL
Upto Rs.25000/- 13%
Rs.25001/- to Rs.50000/- 13%Rs.50001/- to Rs.200000/- 14%
Above Rs.2 lakhs 14%
3
GCC/GTL/Composite Loan
(Rural Artisans & Craftsmen)
Upto Rs.25000/- 13%Rs.25001/- to Rs.50000/- 13%Rs.50001/- to Rs.200000/- 14%
Above Rs.2 lakhs 14.50%
4
GCC/TLC
To Other than Rural Artisans, Craftsmen
Upto Rs.25000/-
13%
Rs.25001/- to Rs.50000/- 13%
Rs.50001/- to Rs.200000/- 14%Above Rs.2 lakhs 14.50%
5House building loans
Upto Rs.2.00 lakhs 12.75%Above Rs.2.00 lakhs 13.00%
6 S.R.T.O 14.50%
7 Gold Loans 14.50%
8
Ware House Receipts
Up to Rs.50,000/- 9.00%
Above Rs.50,000/- 9.50%
9Clean Demand Loans
Salaried persons (with check-off facility) 14.00% Others 15.00%
10
Government Sponsored Schemes
Upto Rs.25000/-
Rs.25001 to Rs.2.00 lakhs
Above Rs.2.00 lakhs
As per the type of
loan (ATL/AATL
/GTL/GCC)
As per the type of loan (ATL/AATL
/GTL/GCC)
11 Self Help Groups 13.00%12 NSC/KVP/Other 14.00%13 Consumer Durables 15.00%14 Mortgage Loans 15.00%
15 Car Loans 16 Two Wheeler Loans
*This is in compliance with the policy of central government.
Penal interest:
Overdue Accounts : 1% above the rate applicable
NPA Accounts : 2% above the rate applicable
Regional Offices
BRANCHES COMING UNDER OUR REGIONAL OFFICES
Branch Name Tq. - DistrictPin
CodeTel Num
Branches coming under GM Control Nehrugunj Gulbarga-Gulbarga 585104 08472-268263
Super Market, Gulbarga Gulbarga-Gulbarga 58510108472-221519
N V Layout, Gulbarga Gulbarga-Gulbarga 58510308472-232371
Shahabazar, Gulbarga Gulbarga-Gulbarga 58510308472-235440
Badepur, Gulbarga Gulbarga-Gulbarga 58510508472-224983
Aland Aland-Gulbarga 58530208477-202530
Shorapur Shorapur-Gulbarga 58522408443-256069
Chittapur Chittapur-Gulbarga 58521108474-236234
Chincholi Chicholi-Gulbarga 58530708475-273104
Humnabad Humnabad-Bidar 58533008483-270483
Basavkalyan Basavkalyan-Bidar 58532708481-250442
Sl Num
Regional Office Name Address and Telephone Number
1 GulbargaShahbazar, Aland Road, GULBARGA-585101 Tel:
08472 - 242069 2 Bidar Udgir Road, BIDAR. Tel: 08482 - 226060
Branch Name Tq. - DistrictPin
CodeTel Num
Bidar Bidar-Bidar 58540108482-228578
Afzalpur Afzalpur-Gulbarga 58530108470-283051
Jewargi Jewargi-Gulbarga 58531008442-236079
Shahapur Shahapur 58522308479-243209
Yadgir Yadgir-Yadgir 58520208473-252987
Sedam Sedam 58522208441-276149
Branches coming under REGION - I
Harsoor Gulbarga-Gulbarga 58510208478-222754
Dongargaon Gulbarga-Gulbarga 58531308478-224059
Sonth Gulbarga-Gulbarga 58532408478-225808
Hagargundgi Gulbarga-Gulbarga 58530808472-213259
Biddapur Colony, Gulbarga Gulbarga-Gulbarga 08472-273907
Kapanoor Industrial Area Gulbarga-Gulbarga
Omnagar, Gulbarga Gulbarga-Gulbarga 58510508472-245220
Karimnagar, Gulbarga Gulbarga-Gulbarga 58510208472-252300
Athnoor Afzalpur-Gulbarga 58530108470-260071
Revoor B Afzalpur-Gulbarga 58530108470-269439
Udachan Afzalpur-Gulbarga 58530108471-231513
Gobbur B Afzalpur-Gulbarga 58526508470-265018
Branch Name Tq. - DistrictPin
CodeTel Num
Bandarwad Afzalpur-Gulbarga 58526508470-261116
Station Gangapur Afzalpur-Gulbarga 58521308470-267236
Desai Kallur Afzalpur-Gulbarga 58530108470-268568
Nelogi Jewargi-Gulbarga 58531008442-225010
Aralgundagi Jewargi-Gulbarga 58531008442-290272
Ankalga Jewargi-Gulbarga 58521208442-222041
Andola Jewargi-Gulbarga 58530308442-221691
Ijeri Jewargi-Gulbarga 58531008442-223974
Malli Jewargi-Gulbarga 58532508442-220027
Balbatti Jewargi-Gulbarga 58530908442-280409
Yadrami Jewargi-Gulbarga 08442-226543
Dornalli Shahapur-Gulbarga 58522308479-221073
Wanadurga Shahapur-Gulbarga 58536808479-219127
Bendebimbli Shahapur-Gulbarga 585368
Wadagera Shahapur-Gulbarga 58536808479-219127
Devapur Shorapur-Gulbarga 58529008443-275350
Pethammapur Shorapur-Gulbarga 58529008443-273002
Rajankollur Shorapur-Gulbarga 58529108443-223907
Kodekal Shorapur-Gulbarga 58523708443-222850
Branch Name Tq. - DistrictPin
CodeTel Num
Vajjal Shorapur-Gulbarga 58521508443-200207
Naganoor Shorapur-Gulbarga 58521508443-271073
Malagatti Shorapur-Gulbarga 58521608443-329784
Hunsagi Shorapur-Gulbarga 58521508443-200087
Yergol Yadgir-Yadgir 58521808473-215566
Gajarkot Yadgir-Yadgir 58521408473-225605
Putpak Yadgir-Yadgir 58521408473-225429
Kadechur Yadgir-Yadgir 58537408473-281055
Konkal Yadgir-Yadgir 58532108473-213737
Gurmitkal Yadgir-Yadgir 58521408441-225563
Station Area, Yadgiri Yadgir-Yadgir 58520208473-250466
Ramasamudra Yadgir-Yadgir
Mudhol Sedam-Gulbarga 58531808441-220860
Kodla Sedam-Gulbarga 58522208441-283814
Kolkunda Sedam-Gulbarga 58531808441-222064
Yanagundi Sedam-Gulbarga 58521408506-280055
Tengli Chittapur-Gulbarga 58531708474-220565
Kollur Chittapur-Gulbarga 58521808476-226581
Hebbal Chittapur-Gulbarga 58531208474-225180
Branch Name Tq. - DistrictPin
CodeTel Num
Alhalli Chittapur-Gulbarga 58521108474-222874
Dandothi Chittapur-Gulbarga 58521108474-224071
Kamalapur Dt. Gulbarga 08478-
Mahagaon Cross Dt. Gulbarga 08478-230188
Branches coming under REGION - I I
Salgera V K Aland-Gulbarga 58531608477-222182
Bhusnoor Aland-Gulbarga 58526808440-210140
Khajuri Aland-Gulbarga 58531408477-227449
Madiyal Aland-Gulbarga 58533608440-217980
Sarasamba Aland-Gulbarga 58530208477-238642
Chinchansur Aland-Gulbarga 58510408477-231051
Ladmugali Aland-Gulbarga 58531608477-233075
Tadakal Aland-Gulbarga 58534308477-229160
Narona Aland-Gulbarga 58531108477-228404
Ratkal Chincholi-Gulbarga 58532208475-247818
Chimmanchod Chincholi-Gulbarga 58530608475-241102
Nidagunda Chincholi-Gulbarga 58532008475-246087
Konchavaram Chincholi-Gulbarga 58530508411-249291
Sulepeth Chincholi-Gulbarga 58532408475-255067
Branch Name Tq. - DistrictPin
CodeTel Num
Kodli Chincholi-Gulbarga 58531208475-242093
Changlair Humnabad-Bidar 58522708483-279069
Hallikhed K Humnabad-Bidar 58533008483-273177
Talmadgi Humnabad-Bidar 58532908483-279904
Bemalkhed Humnabad-Bidar 58522708483-276121
Ghatboral Humnabad-Bidar 58541808483-275951
Chaubara Bidar-Bidar 58540108482-229897
Kamathana Bidar-Bidar 58522608482-245224
Janawada Bidar-Bidar 58540208482-244180
Shivnagar Bidar Bidar-Bidar
Chidri Road Bidar Bidar-Bidar
Aurad B Aurad-Bidar 58532608485-280029
Murki Aurad-Bidar 58541708485-286605
Hokrana Aurad-Bidar 58532608485-284555
Jamagi Aurad-Bidar 58543108485-283370
Sonala Aurad-Bidar 58541708485-287377
Sastapur Basavkalyan-Bidar 58532708481-247074
Morkhandi Basavkalyan-Bidar 58532708481-254746
Muchalam Basavkalyan-Bidar 58532708481-256713
Branch Name Tq. - DistrictPin
CodeTel Num
Belura Basavkalyan-Bidar 58532708481-259431
Ujalam Basavkalyan-Bidar 585419 9448349624
Algud Basavkalyan-Bidar 58541908481-257507
Harkud Basavkalyan-Bidar 58543708481-254490
Manthal Basavkalyan-Bidar
Bhalki Bhalki-Bidar 58532808484-262510
Siddeshwar Bhalki-Bidar 58541308484-263128
Ghorchincholi Bhalki-Bidar 58541108484-269892
Saigaon Bhalki-Bidar 58541608484-267045
Mehkar Bhalki-Bidar 58541608484-269367
Kurubkhelgi Bhalki-Bidar 58532808484-267735
Bhatambara Bhalki-Bidar 58541108484-268130
Byalhalli Bhalki-Bidar 58541508484-210082
Alandi Bhalki-Bidar 58532808484-265653
BOARD OF DIRECTORS
SHRI V. M. HAGARAGICHAIRMAN
DIRECTORS
1.SHRI S. N. KARAJAGIASSISTANT GENERAL MANAGER
Rural Planning and Credit Department
Reserve Bank of India
BANGALORE
2.SHRI P. G. SHETDistrict Development Manager
National Bank for Agriculture and Rural Development (NABARAD)
GULBARGA
3. SMT. GURAMMA SIDDA REDDYMIG-19, K H B Colony
BIDAR
4. SHRI ISHWAR B KHANDREC/O SHIR BHIMRAO KHANDRE
KHANDRE GALLI, GUNJ
BHALKI (DT. BIDAR)
5. SALMA K FAHIM I.A.S.Chief Executive Officer
Zilla Panchayat
GULBARGA
6.SMT. GURNEET TEJ I.A.S.Chief Executive Officer
Zilla Panchayat
BIDAR
7. SHRI.P.P.G.Muni Subba ReddyAssistant General Manager
State Bank of IndiaRO - BANGALORE
8. SHRI.Hanumanthraju B. N.
Assistant General ManagerState Bank of IndiaLHO - BANGALORE
The Head Office Building at Gulbarga
