CentralBank of India-Rural Agri Banking
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Cent VISVAS Scheme



* To provide direct benefit of lower rate of interest to the eligible Self-Help Groups (SHG's)/individual beneficiaries who have availed loans through Public Sector Banks and other financial Institutes


SHGs registered with NRLM/NULM OR NABARD having all members belonging to either SC (100%) or OBC (100%) and individual SC or OBC borrowers having annual family income less than Rs 3.00 Lakh


Nature of facility


* Term Loan/Cash Credit  


Quantum of Loan

For SHGs- Max Rs 4.00 Lakh

For Individuals- Max Rs 2.00 Lakh






* Primary Security - Hypothecation of Assets created out of Bank Finance .
* Collateral - NIL


Interest Rate


Upto Rs 3,00,000/-
Above Rs 3.00 lakh to Rs 4.00 lakh


MCLR + 1.35%
MCLR + 2.50%
Interest Subvention 5% from NBFDC/NSFDC for loan tenure upto maximum 5 years.
Processing Charges


For Production Credit-NIL
Other than Production Credit- Upto Rs 25,000/- : Nil .
* Above Rs 25,000/- @ Rs 120/- per lac or part thereof 

Documentation Charges


For Production Credit-NIL
For Investment Credit –
Upto Rs 2 lakh- NIL *Above Rs 2 Lakh - Rs Rs 50/Lakh Max Rs 1000/-



* Cash Credit-Limit is for 5 years to be renewed every year
Term Loan- Max 5 years (including moratorium of max 3 months).

For further details, please contact our nearest branch.
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