SHALA PRAVESHOTSAV 2020 BABAT MAHITI ANGE MAHTVAPURN SUCHANA NO PARIPATR DATE- 16-5-2020.

Teachers are great sources of knowledge, prosperity and enlightenment to which anyone can be benefited for whole life. They serve as the real light in everyone’s life as they help students to make their ways in the life. They are the God gifted people in everyone’s life who lead us towards success without any selfishness. Really, we can call them as builders of the dazzling future of our nation through education.

Teacher plays very essential role in the field of education who teaches students very nicely to be a person of good moral and behaviour. They make students academically superb and always encourage to do better in the life. They equip students with lots of knowledge, skills and positive attitudes so that students can never feel lost and go ahead. They help students to get sure about their goals of education through clear vision and ideas. Without teachers in the life one cannot grow mentally, socially and intellectually.

They equip students with lots of knowledge, skills and positive attitudes so that students can never feel lost and go ahead. They help students to get sure about their goals of education through clear vision and ideas. Without teachers in the life one cannot grow mentally, socially and intellectually.

They push all the students to do their best. They make learning process very interesting as well as creative. Teachers try their best to bring all the students on the right track by motivation them positively towards study. Good teachers leave good impression over their students.

Make an important announcement, learn the benefits

These banks will provide facility:

Let me tell you, on the psbloansin59minutes portal, State Bank of India (SBI), Bank of India (BOI) and Corporation Bank MSME have given in-principle approval for loans up to Rs 5 crore.  Bank of India plans to reach out to its retail products with the help of this portal.  Bank of India (BOI) is working on this scheme.  The general manager of Bank of India (BOI) said, “With the help of this portal, customers will be able to avail home and auto loans.”

However, Indian Overseas Bank (IOB) is also working on this scheme.  Indian Overseas Bank (IOB) is getting good response from the psbloansin59minutes platform.  Now, Indian Overseas Bank (IOB) is not only considering raising the loan limit for MSMEs to Rs 6 crore, but is also looking at retail (home and auto loans) on the portal in the near future.

According to a senior official of another government bank, if products like home and auto loans are launched on the psbloansin59minutes platform, the bank’s retail business will expand, and the transaction problem will be lessened.

This is how to apply for Micro, Small and Medium Enterprises

Eligibility letter and in-principle approval is now available in 59 minutes when applying for a loan using the MSME psbloansin59minutes platform.  Apart from this they can also make their choice in the bank.  Loans are available within 7-8 days after receiving the approval letter.  Prime Minister Narendra Modi launched the psbloansin59minutes portal in 2018.  Within 4 months of launch, a loan of Rs 35000 crore was approved in principle with the help of this portal.  As of March 31, 2019, 50706 applications have received in-principle approval in the psbloansin59minutes portal.  The initiative reimagines and simplifies the overall process of fund raising and has been designed to ease access of credit to Individuals and MSMEs.  This is a unique platform that ensures seamless In-principle loan approval.

The initiative aims at automation and digitization of various processes of Business Loan (Term Loan, Working Capital Loan and Mudra Loan) and Retail Loans (Personal Loan, Home Loan and Auto Loan) in such a way that a borrower gets an In-principle approval  letter in less than 59 minutes.  The borrower has been given the flexibility to choose lender.

Business Loan In-principle approvals, with / without collateral, are currently provided for value from INR 1 Lac to INR 5 Crore.  The Rate of Interest starts from 8.5% onwards.  The Platform is integrated with CGTMSE to check eligibility of borrowers.Mudra Loan In-principle approvals are currently provided for value from INR 10,000 to INR 10 Lacs.