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Promotion of Green
Energy:
Being a financial institution, yet it has not
limited its role to economic up liftment
only, but has shouldered the responsibility
of social & cultural development also.
Prathama Bank is fully aware of the
importance of energy for human life and
its development. The prevailing conditions
of power supply in its area of operation are
below satisfaction. Most of the villages are
unelectrified. Even electrified villages are
for the namesake only as the power supply
is erratic in these villages. Moreover the
present resources of energy are
diminishing fast and the only ray of hope
is the renewable resources of energy like
solar energy, wind energy, bio energy, tidal
energy etc. Solar energy can be the best
alternative for transforming the rural life
with availability of more 300 clear sunny
days in a year, solar energy, being a Green
energy has a tremendous potential in India.
: Rs.10,500 / ,Rs
3. Amount of Loan
project cost
:: 90 to 95% of
4. Rate of Interest
:: 10% (Interest
subsidy was initially provided to the
poor villagers of Ishapur, Chandupura &
Lalaterkar through Bhartiya Vikas Trust/
Swis Dev. Organization)
5. Period of Repayment :: 5 years
6. Repayment schedule :: As per Income
flow of beneficiary
7. Other Bank Charges :: NIL
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rural
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