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SBI urges State farmers to avail loans

By Staff Reporter

GUWAHATI, June 26 � The State Bank of India (SBI) has urged the farmers to avail loans for agriculture from banks and reap the benefit of the interest subvention permitted by the Government of India and the State Government in respect of agricultural crop loan.

SBI has already covered 336 villages out of 399 un-banked villages allotted to SBI, having a population of over 2,000 in Assam.

This was highlighted by top officials of SBI during an outreach camp conducted by SBI, North Eastern Circle, at Nahira Guimara Anchalik High School, Nahira Gaon, in Kamrup district today.

The camp was attended by more than 300 villagers from Nahira and nearby villages.

For SBI, Pratip Chaudhuri, chairman, A Krishna Kumar, managing director, Anjan Barua, deputy managing director, SBI, Corporate Centre, Mumbai, RK Garg, chief general manager, PK Gupta, general manager, network-I, and BJ Sharma, general manager, network-II, SBI, local head office, Guwahati, took part in the programme, an SBI release said.

The chairman, in his speech, highlighted the availability of huge potential in the State in the agricultural sector for fulfillment of second �green revolution� in the offing in Assam.

The top executives of SBI dwelt on different schemes in respect of agriculture loans for the benefit of the farmers. They requested the farmers to avail loans for agriculture from banks and reap the benefit of the interest subvention permitted by Government of India and Government of Assam in respect of agricultural crop loan.

�SBI had already covered 336 villages out of 399 un-banked villages with a population of more than 2000 in Assam, allotted to SBI,� he said.

The managing director spoke on the interest subvention scheme to the farmers present and educated them with innovative products of SBI in agriculture finance.

The bank donated three solar lamps for installation at Nahira Guimara Anchalik High School, namghar and a community hall and two solar-powered streetlights in the village. The chairman also flagged off the first �mobile financial literacy van� at the village for spreading financial literacy among the villagers. The van will travel to different villages and spread financial literacy among the villagers.

An exhibition was also held by self-help groups (SHGs) financed by different branches of SBI where they displayed their products.

The Customer Service Point of Business Correspondence (BC) opened saving bank accounts in the venue. A few farmers who had opened account with BC earlier were given overdraft facility in �no-frill accounts.� Sanction letters were handed over by the chairman and other top functionaries of the bank.

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