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Banking & Credit :: CORPORATION BANK

11.
CORP ARTISANS CREDIT CARD SCHEME (CACC)
 
Eligibility
  • All artisans. Preference will be given to artisans registered with Development Commissioner (Handicrafts).
  • Artisans who have formed SHGs and clusters are thrust area under the scheme. Beneficiaries of Govt. sponsored schemes are not eligible.
 
Loan Amount
  • Maximum Rs.2 lakh.
12.
CORP SWAROJGAR CREDIT CARD SCHEME (CSCCS)
 
Objective
  • To provide adequate and timely credit in a flexible, hassle free and cost effective manner to small borrowers including small artisans, handloom weavers,
  • Persons engaged in service sector including small business, fishermen, self employed persons, rickshaw owners, other microentrepreneurs and to SHGs for group activity.
 
Nature of facility
  • Term loan repayable in 5 years. Working capital as revolving cash credit.
  • Composite loan (both term loan and working capital). Reasonable component of consumption credit.
13.
NATIONAL EQUITY FUND SCHEME OF SIDBI (NEF)
 
Eligibility
  • New projects in tiny/ small scale sector. Existing tiny/ small scale sector units for expansion/ modernization/ up gradation/ diversification etc.,
  • For rehabilitation of viable sick units. Assistance Equity type assistance by SIDBI in the form of soft loan.
 
Project cost
  • Maximum Rs.50 lakh.
14.
CORP VOCATIONAL LOAN SCHEME FOR CONSTRUCTION WORKERS (CVLS)
 
Objectives
  • To facilitate skill up gradation of skilled/ semiskilled workers employed by construction companies and engaged at a work site.
  • For pre diploma courses of short duration not exceeding 6 months offered by CIDC/IGNOU approved institutions.
 
Eligibility
  •  Workers holding trade certificate issued by ITI. Should have been covered under employee provident fund scheme.
  • Minimum age is 18 years. Maximum age, if any, prescribed by the course provider (not exceeding 45 to 50 years).
15.
CORP GENERAL CREDIT CARD (CGCC)
 
Facility
  • Overdraft or Cash credit facility with no end use stipulations.
  • Implemented by all branches in rural and semi-urban areas.
 
Eligibility
  • CPSB account holders of the bank.
 
For more details Click Here

Source: http://www.corpbank.com/
 
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