||UCO Bunkar Rinn Yojana
||Aims at providing adequate and timely assistance from the Bank to the weavers to meet their credit The Scheme will be implemented both in rural and urban areas.
||Existing Handloom Weavers, weaver card issued by the O/o DC (Handlooms) Certificate or Identity cards issued by the State Government.
|Rate of Interest & Repayment
||Varies from UCO Float Rate + 0.40% to 1.90% ( based on the limit)
|Composite /loan Limit
||The total credit facility extended to individual borrower comprising of CC limit & Term Loan not exceed Rs. 5.00 lakh. Note: The minimum sanctioned loan limit for financing silk handloom weavers shall be Rs. 1.00 lakh.
|| 20% of calculated credit limit/ project cost. Govt assistance @20% of the cost of max Rs 10,000/- if available