Loans to SHG and JLG Members
A consolidated special line of Credit of Rs.4.53 Crore was sanctioned in favour of 1260 Self Help Groups [SHGs] out of 1372 nos. of SHGs formed and about Rs.1534.18 lakhs in favour of 4087 Nos. of Joint Liability Groups [JLG] till 31.01.2017 to strengthen Rural poor and for their self-sustainability
Loans under Sworojgar Credit Card Scheme.
Eyeing to provide adequate and timely credit i.e. working capital / or block capital or both to small artisans, handloom weavers, service sector, fishermen, self-employed persons, other micro-entrepreneurs etc. of both Rural and urban areas the Bank has implemented the Swaraojgar Credit Card Scheme (SCC) and advance about Rs.7.37 crores to 2894 Persons till 31.01.2017.
About Mayurbhanj Central Co-operative Bank
Mayurbhanj Central Cooperative Bank came in to existence with its founder President HH Maharaja Sir Shri PRATAP CHANDRA BHANJ DEO and got registered under Orissa Cooperative Societies Act on 31.01.1951 with Regd. No 28MB. The Bank started its functioning from 25.07.1951 with Sri Lambodar Dandpat, ARCS, as its President (Ex-Officio) and Sri Bhagirathi Nanda as its first Secretary having its head quarter at Baripada. The district has a total population of 2,513,895…
