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Construction of Toilets under Swachh Bharat Abhiyan

Particulars Guidelines under the scheme
Purpose For construction of individual household toilet

Eligibility

  • Farmers, Members of JLGs and SHGs and person belonging to weaker section with a banking relationship with our Bank for a minimum period of 6 months.
Quantum of Loan Rs.40,000/- subject to project cost
Nature of facility Term Loan
Rate of Interest
  • As per RBI/Bank’s guidelines revised from time to time.
Margin
  • Nil
Repayment Period
  • Repayable in 60 Months
Subsidy -
Security
  • Hypothecation of structure/ equipment/ machinery purchased or created out of bank finance
  • Mortgage of Fixed assets like project land and building /shed.
  • Personal guarantee of Proprietor/Partners / Promoters / Directors/ owner of the property offered as security etc.

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