PMRY Loan Disbursement Deadline Extended for Manipur
Current & verified — this is the latest version
Source: Reserve Bank of India · RBI/2005-06/144 · issued 26 Aug 2005 · ~1 min read
Quick answerMinistry of Agro & Rural Industries extends the PMRY loan disbursement cut-off for Manipur's 2004-05 programme year from August 31 to December 31, 2005, as communicated by RBI, giving banks more time to complete sanctions and disbursements.
The rule, in the simplest words
Banks in Manipur now have until December 31, 2005, to give out PMRY loans (a government scheme to help people start small businesses) for the 2004-05 programme year.
The old deadline was August 31, 2005, but the government moved it to December 31, 2005, so banks have 4 more months.
If a loan was already approved (sanctioned) but not yet given (disbursed), it won't expire (lapse) as long as it's given by the new deadline.
This rule only applies to the state of Manipur, not to other states.
How it plays out — a real example
An agri & priority-sector lending officer in Imphal, Manipur, checks her branch's pending PMRY loans for 2004-05. She sees three approved cases where the borrowers haven't collected their money yet. Thanks to the extended deadline, she calls them to come in before December 31, 2005, ensuring their small business dreams don't get cancelled.
What changed
The Ministry of Agro & Rural Industries, Government of India extended the cut-off date for lapsing of sanction and completion of disbursement for PMRY loans under the 2004-05 programme year in Manipur. The new deadline is December 31, 2005, replacing the earlier August 31, 2005 date.
What it means for you
Banks operating in Manipur get an additional four months to process and disburse PMRY loans sanctioned for the 2004-05 programme year. This extension helps avoid loan sanctions lapsing and ensures more beneficiaries can access funds before the year-end.
What you must do
Update internal systems to reflect the new December 31, 2005 cut-off for PMRY loans in Manipur.
Instruct regional and controlling offices in Manipur to prioritize disbursement of pending 2004-05 sanctioned cases.
Monitor branch-level progress to ensure all eligible loans are disbursed before the extended deadline.
Who it affects
All Indian scheduled commercial banks (excluding RRBs) with branches in Manipur, PMRY loan beneficiaries in Manipur for the 2004-05 programme year, Regional and controlling offices of banks in Manipur
❓ Common questions
Why was the cut-off date extended only for Manipur?
The Ministry of Agro & Rural Industries decided to extend the date specifically for Manipur, likely due to operational challenges or delays in the state. The circular does not provide further reasons.
Does this extension apply to other states?
No, the extension is only for the state of Manipur. Other states must adhere to the original August 31, 2005 cut-off for the 2004-05 programme year.
What happens if loans are not disbursed by December 31, 2005?
Sanctions for cases not disbursed by the new cut-off will lapse, meaning beneficiaries will lose access to those loans under the 2004-05 programme year.
📜 Read the original circular — full text as issued by RBI
RBI/2005-06/144
RPCD.PLNFS.BC.No. 37/09.04.01/2005 –2006
August 26, 2005
The Chairman / Managing Director All Indian
Scheduled Commercial Banks
(Excluding RRBs)
Dear Sir,
PMRY – Extension of Cut-Off date for completion
of disbursement of loans for the programme year 2004-05 - for the state of
Manipur
Please refer our circular RBI/2005-06/88/RPCD.PLNFS.BC.No.25 / 09.04.01/2005–2006
dated August 01, 2005 .
2. Ministry of Agro & Rural Industries,
Government of India has since decided to extend the cut-off date for lapsing
of sanction and completion of disbursement for the cases sanctioned under the
Programme Year 2004-05 for the state of Manipur from August 31, 2005 to December
31, 2005.
3. You may issue necessary instructions to your
Regional /Controlling Offices/ Branches in this regard.
4. Please acknowledge receipt.
Yours faithfully,
(G.P.Borah)
Deputy General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2005-06/144 · issued 26 Aug 2005. The plain-English explanation above is BankPulse’s own independent summary.
Monitor branch-level progress to ensure all eligible loans are disbursed before the extended deadline.
💻 IT / Systems
Update internal systems to reflect the new December 31, 2005 cut-off for PMRY loans in Manipur.
📜 Compliance
Instruct regional and controlling offices in Manipur to prioritize disbursement of pending 2004-05 sanctioned cases.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are an IT/Systems lead at a bank this circular applies to (All Indian scheduled commercial banks (excluding RRBs) with branches in Manipur, PMRY loan beneficiaries in Manipur for the 2004-05 programme year, Regional and controlling offices of banks in Manipur), your first concrete step on “PMRY Loan Disbursement Deadline Extended for Manipur” is: “Update internal systems to reflect the new December 31, 2005 cut-off for PMRY loans in Manipur.” (RBI issued this 26 Aug 2005).
Circular: RBI/2005-06/144 -- PMRY Loan Disbursement Deadline Extended for Manipur
Issued: 26 Aug 2005
Action required: Update internal systems to reflect the new December 31, 2005 cut-off for PMRY loans in Manipur.
Action required: Instruct regional and controlling offices in Manipur to prioritize disbursement of pending 2004-05 sanctioned cases.
Action required: Monitor branch-level progress to ensure all eligible loans are disbursed before the extended deadline.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 05 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=2472&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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