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Land Development Bank Recruitment

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The basic objective of the Land Development Bank is to provide long term credit facilities to the farmers of Bihar and Jharkhand State. The main purposes are taken for financing is as Creation of various resources of irrigation, Farm Mechanizations (Tractor/ Power tiller/ Thresher/ Sprayers etc.), Various Component relating to agriculture base activities Such as, Dairy, Poultry, Fisheries, Piggery, Goatry etc., Horticulture and Plantation, Nonfarm activities establishment of small, cottage and Tiny industries also loan for transport operation for purchase of vehicle to carrying agriculture produce to market. You can find out all the details about Land Development Bank recruitment here.

List of current jobs, posts, vacancies, application procedure, eligibility criteria and pay-scale for getting recruit in Land Development Bank

  • Urgent For Field Officer
    Post Name Field Officer s No of Vacancy 100 Posts Pay Scale Rs. 1400-2300 - Educational Qualification Bachelor Degree in any discipline from a University recognized by the Govt. Of India or any equivalent qualification recognized as such by the Central Government. Nationality Indian Age Limit 21 to 30 years as on 01.04.2016 Age Relaxation For OBC 03 years For SC ST 05 years Job Location Bihar Jharkhand Selection Process Selection will be made on Written test Interview. Application Fee Candidates belonging to SC ST candidates have to pay Rs. 300 - Rs. 500 - for all others through Online by using Debit Cards RuPay Visa Master Card Maestro , Credit Cards, Internet Banking, IMPS, Cash Cards Mobile Wallets. How to Apply Land Development Bank Vacancy Interested candidates may apply Online through......
  • Bank Job Field Officer
    Post Name Field Officer s No of Vacancy 100 Posts Pay Scale Rs. 1400-2300 - Educational Qualification Bachelor Degree in any discipline from a University recognized by the Govt. Of India or any equivalent qualification recognized as such by the Central Government. Nationality Indian Age Limit 21 to 30 years as on 01.04.2016 Age Relaxation For OBC 03 years For SC ST 05 years Job Location Bihar Jharkhand Selection Process Selection will be made on Written test Interview. Application Fee Candidates belonging to SC ST candidates have to pay Rs. 300 - Rs. 500 - for all others through Online by using Debit Cards RuPay Visa Master Card Maestro , Credit Cards, Internet Banking, IMPS, Cash Cards Mobile Wallets. How to Apply Land Development Bank Vacancy Interested candidates may apply Online through......

About Land Development Bank

Land Development Bank Jobs

A land development bank, abbreviated LDB, is a special kind of bank in India, and is of quasi-commercial type that provides services such as accepting deposits, making business loans, and offering basic investment products. The main objective of the LDB is to promote the development of land, agriculture and increase the agricultural production. The LDB provides long-term finance to members directly through its branches.

Agriculture is back bone of the Indian economy. After independence, a Rural credit Survey was conducted by Government of India to look into the situation of the farmer of the country. The report of the Rural Credit Survey disclosed that 2 to 3 of rural credit is being provided by the institutional agency. Rest of farmers depended on rural sahukars for their, agricultural needs. They charged high rate of interest and it was impossible for farmers to pay such interest. Major part of their income goes to return of interest to sahukars. The Rural Credit Survey committee suggested for early establishment of institutional financing agency for meeting the long term credit needs of the people of the country. On the suggestion of the above committee, Land Mortgage Banks were established in various State and later on they came to be known as Land Development Bank. The Bihar State Co-operative Land Development Bank was registered under the Co-operative Societies Act, in December 1957 (Registration No.24/Pat 1957) with a clear mandate to Act as a financing institution for long term investment for agriculture development project.
    
After the reorganization of Bihar in the year 2000, Jharkhand State came into existence. Under provision of the State reorganization Act 1956(37 of 1956) the Bank deemed Registered under Multi State Co-operative Societies Act 2002(section 103). The Central Registrar of Co-operative Societies, New Delhi allotted Registration No. MSCS-CR-277/2008. Now the area of operation of the Bank is Bihar and Jharkhand States.

The Multi State Co-operative Land Development Bank (LDB) was registered under the Multi State Co-operative Societies Act, with a clear mandate to Act as a financing institution for long term investment for agriculture development project. Bank is to provide long term credit facilities to the farmers of Bihar and Jharkhand State. At present 131 branches are working, under which 124 are located in Bihar State and 7 are located in Jharkhand.

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