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This credit guarantee scheme will support farmers, small business owners and small and medium entrepreneurs who use pawning advances for their economic and business activities as well as the retail banking customers who use the pawning service to finance their day to day needs.”

Borrowers can get pawning advances up to Rs. 500,000, with the interest rate of 15%, with the inclusion of all charges and fees. The repayment plan of 12 months is part of the offer as well. 

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