On Monday, Uttar Pradesh based Saharanpur District Cooperative Bank announced the One Time Settlement scheme to recover loans from borrowers. The announcement was made by the bank’s Chairman.
The scheme will run from March 1 to June 30. Only those who have paid principal and the equal amount of interest can avail the benefit of OTS.
The benefits of the scheme will be given to the crop loan holders up to three lakh rupees .in cooperative societies.