Life can be unpredictable, and sometimes unexpected events can impact our finances. One such situation is when a borrower dies with an outstanding loan. This can be stressful for families, so let’s break down what happens to different types of loans in such cases. Types of Loan There are two main categories of loans: secured … Read more
Union Bank of India has some good news for farmers: they provide easy loans without lengthy processes. A unique option offered by the bank allows you to get around Rs. 1.6 lakh. The government has introduced Digital Kisan Credit Cards, which are explicitly designed for farmers and allow them to access loans easily. Union Bank, … Read more
Empowering farmers in Telangana, the Rythu Runa Mafi Status for 2024 under the Crop Loan Waiver Scheme can now be easily checked. Eligible farmers can also download the Telangana Rythu Runa Mafi List 2024 by visiting the official portal at clw.telangana.gov.in. Overview of the Telangana Rythu Runa Mafi Scheme The Rythu Runa Mafi scheme, launched … Read more
Agricultural loans are essential for farmers, and around 75 percent of the loans from rural banks are for agriculture. Farmers can benefit from comprehensive information when taking crop loans. Crop Loan Interest: Interest on crop loans is usually lower, around 7 percent, compared to other types of loans. Crop Loan Renewal: Farmers can benefit from … Read more
Telangana government announces crop loan waiver for farmers up to Rs. 2 lakhs. Know eligibility criteria, covered loans, and loan amount of the scheme. Great news for farmers in Telangana. The state government has announced a much-awaited crop loan waiver scheme to provide financial relief. The Crop Loan Waiver Scheme is a revolutionary initiative by … Read more
Andhra Pradesh Indian National Congress has announced the AP Crop Loan Waiver Scheme amount ₹2 lakh to farmers. In Andhra Pradesh State about 60% of the Population resides in rural areas and their livelihood depends on Farming, Animal Husbandry, Dairy, Fisheries and other Agriculture related activities. The Agriculture & Allied sector contributes about 18% to the GSDP … Read more