An Act to provide for the recovery, as public demand, of the loans advanced by banks, other financial institutions and the State Government to unemployed persons in West Bengal under employment programmes of the State Government for providing employment to such persons.
Loans and Advances of the State Government – Interest rates and other terms and conditions for the Financial Year, 2023-24.
Loans and Advances of the State Govt- Interest rates and other terms and conditions from the year 2018-19 to 2022-2023.
Loans and Advances of the State Govt – Interest rates and other terms and conditions for the year 2016-2017 (No. 565-FB dated 21.07.2017).
Subject: Loans and Advances of the State Govt – Interest rates and other terms and conditions for the year 2015-2016 vide No. 330-F.B. dated 17.06.2016.
The rate of interest on loans sanctioned in respect of Externally Aided Project including Back to Back out of the loan assistance from World Bank/A.D.B etc. will be same at which it is received.
Loans to Local Bodies – Municipal Corporations, Municipalities, Improvement Trusts, Development Authorities, Zilla Parishads, Anchalic Parishads, Panchayat Samities, Housing Boards etc.
90% of the expenditure of entire duration of the professional courses subject to maximum loan limit of up to Rs. 1.875 lakh/ per beneficiary per annum (for studying in India) and up to Rs. 3.75 lakh/ per beneficiary per annum (for studying abroad) shall be provided considering average duration of the course as four years.…
The period of repayment of working capital loans should preferably be restricted to 2 or 3 years. In no case, however, the period of these loans should exceed 5 years.
Loans to Local Bodies – Municipal Corporations, Municipalities, Improvement Trusts, Development Authorities, Zilla Parishads, Anchalic Parishads, Panchayat Samities, Housing Boards etc. — 13.00.