Lead Bank Scheme Lending To Minority Communities Quarterly Progress Reports - Rural Banking | SBI - Agri & Rural
Lending to Minority Communities
Prime Minister's New 15 Point Programme For The Welfare Of Minorities
Lending to Minority Communities
The Public Sector Banks (PSBs) were directed by the Government of India in October, 2007 to step up lending to Minorities from the then existing level of 9% of total Priority Sector advances to 13% for 2008-09 and 15% for the next four years i.e. upto March, 2013 under Prime Minister's new 15 Point Programme for welfare of Minority Communities. The Government of India,Ministry of Welfare has notified the following as minority communities:
- Christians
- Muslims
- Buddhists
- Sikhs
- Zoroastrians &
- Jains
Last Updated On : Monday, 22-02-2021
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
Rural
Rural Self Employment Training Institutes (RSETIs)
Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above