Archive · 2 Aug 2025
Union Bank to Offer Loans to Capital Farmers
A bank called Union Bank of India (UBI) is now offering loans to farmers who own land in the capital region.
They are also providing different types of loans like education loans for students studying abroad, and financial aid for women who need cancer treatment.
One woman farmer received a loan to buy a crane to help with construction.
The bank's manager said that they want to help the local people by giving them more loans.
People who live in the capital region are happy that they are getting loans.
Union Bank of India (UBI) will sanction loans on plots of capital farmers registered with CRDA.
A woman farmer, Gopidesi Swathi, received a Rs 20 lakh loan under the Nari Shakti scheme to purchase a crane.
UBI is offering education loans up to Rs 40 lakh under the PM Vidya Lakshmi scheme.
UBI provides assistance up to Rs 5 lakh for women account holders with Rs 15,000 average balance needing cancer treatment.
Local residents expressed satisfaction with the bank's services and loan initiatives.
- Who
- Union Bank of India and capital farmers.
- What
- Union Bank of India (UBI) is sanctioning loans to capital farmers.
- When
- The loan agreement was on Friday.
- Where
- In the capital region's Ananthavaram village.
- Why
- To provide financial assistance and support to the farmers and residents of the capital region.
- Bank
- Union Bank of India
- Loan for Crane
- Rs 20 lakh
- Farmer
- Gopidesi Swathi
- Education Loan
- Rs 40 lakh
- Cancer Treatment Assistance
- Up to Rs 5 lakh