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Clarification on RunaMaafi - Calling KNF

Chalanachithram.com DB » New TF Industry Related » Archive through December 14, 2014 » Clarification on RunaMaafi - Calling KNF « Previous Next »

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111
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Posted on Monday, December 15, 2014 - 01:56 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

bump for KNF
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111
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Posted on Friday, December 12, 2014 - 03:03 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jai_tdp:

General ga Loans tirigi kattina daaka ade land meeda kotha loans issue cheyyaru. Ippudu Govt installments lo kaduthundhi kabatti, govt spoke to the banks and farmers will get 50% of loans to farmers.

Ippudu oka farmer ki 5 acres meeda 1.5 lks loan ichharu anuko, Aa 1.5 lks govt pay chesthundhi certificates ichharu kabatti, he can get fresh loan upto 75K. Passbooks already banks lone unnayi kabatti avi pettavasaram ledu. Ippdu ee 75K and daani interst farmer kattukovali




ok got it.

now what is this 50% ? 50% of eligibility [19K] OR 50% of previous loan amount ?

if it is 50% of 19K which 9.5K , thi swon't be much help to farmers..

if it is 50% of previous loan , then it is ok..
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Jai_tdp
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Posted on Friday, December 12, 2014 - 03:01 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:

but what OT is saying fresh loans upto 50% ante emiti..?




General ga Loans tirigi kattina daaka ade land meeda kotha loans issue cheyyaru. Ippudu Govt installments lo kaduthundhi kabatti, govt spoke to the banks and farmers will get 50% of loans to farmers.

Ippudu oka farmer ki 5 acres meeda 1.5 lks loan ichharu anuko, Aa 1.5 lks govt pay chesthundhi certificates ichharu kabatti, he can get fresh loan upto 75K. Passbooks already banks lone unnayi kabatti avi pettavasaram ledu. Ippdu ee 75K and daani interst farmer kattukovali
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111
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Posted on Friday, December 12, 2014 - 02:55 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jai_tdp:

Sorry kotha account kaadu. Already unna amount ki certificates issue chesaru kabatti, deeni varaku seperate ga lekkestharu




ok what ever , if they differentiate it , that is good.

but what OT is saying fresh loans upto 50% ante emiti..?
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Jai_tdp
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Posted on Friday, December 12, 2014 - 02:48 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:

aa runamaafi Kickass algoritham anta...this as is words from OT's keyboard..:-)




Sorry kotha account kaadu. Already unna amount ki certificates issue chesaru kabatti, deeni varaku seperate ga lekkestharu
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Jai_tdp
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Posted on Friday, December 12, 2014 - 02:47 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:

So in this case , bank will still hold the passbook and ceate a new loan account for this new loan ?




Anthe.
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111
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Posted on Friday, December 12, 2014 - 02:47 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Newguy123:




did u miss the thread posted by OT...aa runamaafi Kickass algoritham anta...this as is words from OT's keyboard..:-)
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111
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Posted on Friday, December 12, 2014 - 02:46 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Onlytruth:

govt negotiated with banks to issue fresh loans upto 50%...not just paid off 20% amount range




upto 50% means , 50% of eligible amount [19K] , which is 9500Rs per acera ?

So in this case , bank will still hold the passbook and ceate a new loan account for this new loan ?
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Onlytruth
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Posted on Friday, December 12, 2014 - 02:44 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:




govt negotiated with banks to issue fresh loans upto 50%...not just paid off 20% amount range
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Polyglot
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Posted on Friday, December 12, 2014 - 02:42 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:

Do i need to wait until govt pay their balance [in 5 installaments or 2/3 years..] then only bnak will give the passbooks...?


i'm not sure when they will return the passbooks, but u can get a fresh crop loan...
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Newguy123
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Posted on Friday, December 12, 2014 - 02:38 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


111:

RunaMaafi Kickass Algoritham srushtikartha OT gaaru




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111
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Posted on Friday, December 12, 2014 - 02:00 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

RunaMaafi Kickass Algoritham srushtikartha OT gaaru : if i pay my balance 33K now , will bank return my passbook and can i apply for new loan ? irrespective of when govt pay their part ?

OR

Do i need to wait until govt pay their balance [in 5 installaments or 2/3 years..] then only bnak will give the passbooks...?
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111
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Post Number: 8834
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Posted on Friday, December 12, 2014 - 01:53 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

KNF , u r laways posting what ever cbn is giving 5K wil be sufficient for interest it self..

let me put my case here :
we took 80K loan on 2.57 acers land , now it is 87k including interest.

as per eligiblity policy 19K per acer , we are supposed to get around 48K only [19+19+8.5]. This is now around 54K including interest for this amount.

Paying this 54K is govt responsibility whether in 1 installment or in 5 installaments or in 5 years.

we have to pay remaining 32or 33K balance amount.

hope it is clear..

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