DIFFERENTIAL RATE OF INTEREST(DRI) SCHEME
DRI scheme offers need based financial assistance to those who intend to take up any productive activity.
Income criteria – Family income not exceeding Rs.24,000/- p.a in metropolitan/urban/semi-urban areas and Rs.18,000/- p.a. in rural areas.
Loan Limit - Rs.15000 for any productive activity
- Rs. 20000/- for housing loan.
RoI- 4.00% p.a.
Margin – Nil
No third party guarantee.
Repayment period – Up to 5 years for term loan.