Differential Rate of Interest (DRI)

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.

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