Chief Minister Sukhwinder Singh Sukhu inaugurated 22 new branches of Himachal Pradesh State Cooperative Bank today. He also launched two new schemes of the bank ‘One Time Settlement Scheme’ and ‘Loan Scheme for Developing High Density Apple Orchards’.
He also launched the online link for the recruitment of 232 clerical posts being done by the bank through IBPS. The new branches include Samarkot, Jharag/Nakradi, Parala, Dhamandri, Mehndli, Jarol, Janeharghat, Upper Kaithu, Khatnol, Nihri, Chai Ka Dora, Syanj, Bharari, Mandap, Dhar-Totoh, Lohat, Awah, Chhatradi, Halah, Haripurdhar, Includes Timby and Chango.
On this occasion, the Chief Minister said that through the One Time Resolution Scheme, the defaulter loan holders of the bank who due to some reasons could not repay their due loans on time and whose loan accounts will be declared NPA by the bank on December 31, 2023. All such defaulting loan holders who have been registered under this category will be eligible to settle the repayment of their loans under this scheme by entering into a one-time settlement with the bank.
The Chief Minister said that under the loan scheme for developing high density apple orchards, a loan facility of Rs 8 lakh per bigha will be provided to the gardeners of the state for the promotion of new technology in high density apple plantation and production of new varieties.
Under this scheme, the loan holder will be provided a maximum loan of Rs 50 lakh. Sukhwinder Singh Sukhu said that Himachal Pradesh State Cooperative Bank has an important role in the development of the state. He said that the Bank’s Sapno Ka Sanchay-Deposit Linked Savings Deposit Scheme and Sashakt Mahila Loan Scheme have yielded meaningful results. Under the Sashakt Mahila Loan Scheme, loans worth more than Rs 35 crore have been provided so far to 16836 women borrowers.
Expressing his gratitude to the Chief Minister, Bank Chairman Devindra Shyam said that with the opening of new branches, the facility of banking services will be available to all sections of the society at their doorstep.