Amid fears of a third wave of corona virus, Punjab National Bank (PNB) has provided vital information about the Jeevan Rakshak project. The bank said it could take up to Rs 2 crore under the scheme. According to information provided by PNB, hospitals / nursing homes / oxygen manufacturers and distributors will be financed under the Jeevan Rakshak scheme. This means that oxygen manufacturers and distributors get financial help to set up the plant.
The stock market has been offering a return of 53 per cent on investments for a year, and knows the status of gold, FD and cash
Low interest rates: The bank said it does not need to pay any processing fees to borrow under the Jeevan Rakshak scheme. Moreover, interest rates are very low. Micro, Small and Medium Enterprises (MSMEs) receive little relief in terms of interest rates compared to others. At the same time, the maximum repayment period after taking out a loan is 5 years. It also includes a 6 month ban. This means that you will be free from paying its installment for 6 months after the loan is paid off, but will have to pay the entire amount in 5 years with interest.
The third wave is likely: Let us tell you that the possibility of a third wave of corona virus is being expressed. Some experts believe that a new wave of corona has arrived. Prime Minister Narendra Modi also warned at Tuesday’s meeting with the chief ministers of eight states. PM Modi said gathering huge crowds in the hill stations without masks and following social distance was a matter of concern.
