Shirdi Saibaba Temple Trust Has Provided An Interest-Free Rs 500 Crore Loan To Maharashtra Government

Blog By fatema  |  03-12-18

The trust hasn’t even set any time limit for the repayment of the loan!

The Interest Free Loan

The Interest Free Loan

The very popular temple of Sai Baba has provided an interest-free loan which has no limit for repayment. The amount is very huge, it's a Rs 500 crore loan.


The Purpose Of Loan

The Purpose Of Loan

The purpose of loan is for the completion of the remaining Nilwande irrigation project for the needs of drinking water for the most tehsil in Ahmednagar district of the state.


About The Loan

About The Loan

The loan was given to Maharashtra Government and the meeting was On February 1 by Devendra Fadnavis, the loan was approved and order of release funds was in two instalments.


The Completion Time

The Completion Time

The project is expected to complete the work of the left and right bank canal in two years and the project will be benefiting tehsils in Ahmednagar district. Akole, Sangamner, Rahuri and others.









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