Bank of India

Loans : Bank of India

| | | |

|

A- A+

You are here ->Loan & Advance ->priyadarshini

Tuesday, 07-Feb-2012

Star Channel Credit

Services of External Rating Agencies

Expand Services of External Rating Agencies

Star Laghu Udyog Suvidha

Energy Efficiency Projects

National Equity Fund

Credit Linked Subsidy

Akshay Urja Shops

Artisan Credit Cards

KVIC(REGP) Scheme

Laghu Udyami Trade Card

Priyadarshini Yojana

Solar Water Heaters Scheme

Star Dhanvantari Suvidha Scheme

Online Services

::

::

::

:: know more

::

::

::

::

::

::

::

Priyadarshini Yojana

With a view to empowering women by providing credit to women entrepreneurs, a scheme called ‘Priyadarshini Yojana’ was launched in 1989. Under ‘Priyadarshini Yojana’ women entrepreneurs are extended credit facilities at liberal terms and at concessional rate of interest, for economic activities. The salient features of the scheme at present are as follows:-

Item	Features
Eligibility	Women entrepreneurs, women enterprises where women entrepreneurs hold not less than 51% of the financial holding
Purpose	For economic activities like i) Purchase of equipment, machinery, vehicle, furniture / fixtures etc. for capital investment and working capital needs ii) Agriculture & Allied activities iii) Education Loan
Loan Amount	Need based depending upon project cost/ turnover etc.
Margin	For limit upto Rs.50,000/- - Nil For limit over Rs. 50,000/- 15% to 20%.
Rate of interest	0.5% less than applicable rate for limits upto Rs.50,000. 1% less than applicable rate for limits above Rs.50,000 (This interest rate concession will be applicable if no other interest concession like DRI loan or crop loan with concessional interest rate are available) Net interest concession in case of education loan would not exceed 2 %.
Security	No collateral for advances upto Rs.5 lakh in case of small scale industrial units, if a/c is covered under CGTSI then no collateral including third party guarantee for limit upto Rs.25 lakhs
Repayment	Repayment schedule will be spread over 3 to 7 years depending upon the activity

The spirit of helping women folk in other types of advances by extending concession in rate of interest was also implemented in following cases

Scheme	Concession in ROI for women beneficiaries Other than senior citizens/pensioners
Star Personal Loan	0.50%
Star Mortgage Loan	0.25%
Star Auto Finance	0.25%
Star Holiday Loan	0.50%
Star Education Loan	0.50%

Announcement

Analyst Meet Presentation for 31.12.2011

Reviewed Financial Results for the period ended 31.12.2011

Notice of Board Meeting

Analyst Meet Presentation for 31.12.2011 Reviewed Financial Results for the period ended 31.12.2011 Notice of Book Closure for Bonds

Chairman & Managing Director's Message & Address

Bank of India has decided to abolish prepayment charges on home loans for both fixed and floating rate loans across all tenures for existing as well as new borrowers

Watch recorded webcast of Analyst Meet-30.09.2011

Watch recorded webcast of Press Meet-30.09.2011

Financial Results for the quarter / half year ended 30th September 2011

Analyst Meet Presentation-30.09.2011

Festiva l offer – Rate of interest reduced on Home Loans & Auto Loans.

Watch webcast of 106th foundation day

Bank has decided to increase the Bank’s Base Rate from 10.00% p.a. to 10.75%p.a. and BPLR from 14.25% p.a. to 15.00% p.a. with effect from 28.07.2011.

The Managing Committee of the Indian Banks’ Association has appointed Shri Alok K Misra , Chairman and Managing Director, BANK OF INDIA as Deputy Chairman of the Association

Pension Calculator is available on Knowledge Portal front page

Press release launching of Mobile Based Remittance, Urban Financial Inclusion and two factor Authentication

Notice for Debit and ATM cardholders

:: Foreign Branches

Branch / ATM Locator

	Branch Locator
	ATM
	Foreign Branches

Sitemap | Disclaimer

© 2010 Bank of India. All rights reserved

For optimum view of this site you must have IE 5.0 and above

It is recommended to use Internet Explorer 8 for Safe & Secure Browsing. You may download Internet Explorer 8 by clicking on “Logo”
For Safety tips and guidelines on secure browsing through IE 8, please visit : http://www.microsoft.com/windows/internet-explorer/features/safer.aspx