Procedures for taking a loan from Bank

  • Candidate has to fill the application form of the Bank and submit it to the branch with the required documents.
  • Pre Sanction survey by field officer in the village to verify the authenticity of the candidate.
  • Recommendation by field officer.
  • After completing there procedural requirement. Bank sanction the loans and call the candidate for rest of the formalities.
  • Loan agreement has been signed between the candidate and Bank, documentation is done.
  • The loan amount is given to the candidate.
  • Post Disbursement Inspection
  • Periodical Inspection by field officer about proper loan utilization.

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