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Raju and the Magical Goat
In this booklet, Raju talks about the loan facilities offered by the banks.  
Raju explained benefits of a bank loan
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Raju and the Magical Goat Page 10
By Ankit Sharma
raju and the magical goat

Raju: For purchasing a tractor, seeds, fertilizers and farming equipment. Banks also give loans for constructing a house or a shop or starting a business, for buying vehicles for taxi service, rickshaws, for education, etc. Banks also give loan to purchase a bullock.
Gopal: For all these purposes, even our moneylender Dhaniram will give a loan. Then why should we go to the bank?

Raju: Okay. I will tell you the reasons. Suppose you take a loan of Rs1000 from Dhaniram. He asks you to repay Rs 260 as interest on the loan.
Raju: So you have to pay him Rs 105 every month. This will take you one year to repay the entire amount of Rs 1260. Do you know how much interest he has charged you?

 

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TABLE OF CONTENTS
Introduction
Raju living a happy life in village
Poor Murli went to sunder and chander to take their help
Chander and sunder cheated Murli with a magical goat
Murli left in search of gopi chacha and raju to get their wise advices
Raju explained benefits of a bank loan
Raju and the Magical Goat Page 10
Raju and the Magical Goat Page 11
Raju and the Magical Goat Page 12
Bhola asked raju about benefits of education loan and credit cards
Murli asked about bank’s eligibility criteria
Raju told about the interest rates
Shammu started spreading humors about magical goat
Raju helped Murli to get his land back

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