LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

SBI launches one-time settlement for agriculture loans

This is not the first time India's largest bank has given chance to its customers to repay loan via OTS route. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
SBI launches one-time settlement for agriculture loans
More details on the offer are awaited. Photo: SBI Twitter handle
Written By: ZeeBiz WebTeam
Updated: Tue, Mar 14, 2017
02:21 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
SBI Alert! State Bank of India, NPCI join hand for YONO users SBI Alert! State Bank of India, NPCI join hand for YONO users
SBI customers' alert: You may face problem in availing these services today—Check State Bank of India services that will be affected on April 1 SBI customers' alert: You may face problem in availing these services today—Check State Bank of India services that will be affected on April 1
SBI Personal Loan: Will your spouse’s income be included while calculating loan amount? Know Here in detail SBI Personal Loan: Will your spouse’s income be included while calculating loan amount? Know Here in detail
SBI Card – Are you burdened by payments for big ticket purchase? Here is an opportunity to pay as low as Rs 52 SBI Card – Are you burdened by payments for big ticket purchase? Here is an opportunity to pay as low as Rs 52

State Bank of India on Tuesday announced special 'One Time Settlement' offer on agriculture loans for the year 2016-17.

In a tweet, the bank said, "Special SBI OTS for tractor and farm mechanization loans 2016-17. Avail of benefits until March 31."

One Time Settlement (OTS) announced for #Agriculture #Loans! Scheme valid until 31st March. Contact your branch for details & benefits. #SBI pic.twitter.com/ayVd8gcdHZ

— State Bank of India (@TheOfficialSBI) March 14, 2017

More details on the offer are awaited.

This is not the first time India's largest bank has given chance to its customers to repay loan via OTS route. Last year during the same time, the bank had announced OTS of student loan dues in Kerala state. 

In August, the government had said that the public sector banks (PSB) have settled loans worth Rs.3,445 crore through one-time settlement (OTS) mechanism in the current fiscal till June. 

The Reserve Bank of India (RBI) has provided the framework under which banks can have their own board approved policy for OTS or compromise settlements.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
State Bank of IndiaOne-time settlement offerAgriculture loansSBI agriculture loanBanking & Financial sector
RELATED NEWS
SBI Alert! State Bank of India, NPCI join hand for YONO users SBI Alert! State Bank of India, NPCI join hand for YONO users
SBI customers' alert: You may face problem in availing these services today—Check State Bank of India services that will be affected on April 1 SBI customers' alert: You may face problem in availing these services today—Check State Bank of India services that will be affected on April 1
SBI Personal Loan: Will your spouse’s income be included while calculating loan amount? Know Here in detail SBI Personal Loan: Will your spouse’s income be included while calculating loan amount? Know Here in detail
SBI Card – Are you burdened by payments for big ticket purchase? Here is an opportunity to pay as low as Rs 52 SBI Card – Are you burdened by payments for big ticket purchase? Here is an opportunity to pay as low as Rs 52
SBI Gold Loan – Planning to get a loan against Gold? Here is your option with ZERO processing fee SBI Gold Loan – Planning to get a loan against Gold? Here is your option with ZERO processing fee

LATEST NEWS

Cancel CBSE Board Exam 2021: After Arvind Kejriwal, Punjab CM Amarinder Singh says POSTPONE CBSE board exams, shoots off letter to Pokhriyal

BIG - CBSE Board Exams 2021 - Class 10th boards CANCELLED, Class 12th postponed - Get FULL DETAILS here

Mid-cap Stock Picks with Anil Singhvi: Advanced Enzymes, Route Mobile and Blue Dart Express are top buys for bumper returns

What expert said about these Rakesh Jhunjhunwala stocks in gaming space - Delta Corp, Nazara Technologies

Free Fire OB27 update: Check release date and time in India, upcoming patch, weapons and more

Infosys posts 17.5% fourth-quarter profit jump

Even in pandemic FY21 NOT a DUD – Money raised via IPOs, FPOs up by a WHOPPING 115%

Mid-Cap Stock Picks With Anil Singhvi: Aarti Surfactants, Greaves Cotton and FDC are top recommendations

Infosys results TODAY: Expert pegs target price at Rs 1560-Rs 1600

Happiest Mind Technologies share price multiplies 4 times in less than 7 months

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved