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Stanly Chirayath's picture

After disbursement of first loan installment, bank counts 15 months as the completion period for loan scheme of Gramin Bhandaran Yojana Capital Investment Subsidy Scheme For Construction or Renovation Of Rural Godowns. If project was unable to complete within this period, a further 6 months may have given as grace period subject to the justifiable reason for delaying the project. If project could not be completed within the permissible duration, subsidy will not be available and advance subsidy may have taken back.