Purpose |
- To provide adequate and timely short-term credit to fulfil needs of farmers during the cropping season.
- To provide social security to the beneficiary farmers through Sahkar Jeevan Suraksha Yojana upto the extent of loan amount.
|
Eligibility |
- Resident farmer of the district.
- Farmer account holders between 18 years to 65 years.
- Member of Gram Seva Sahkari Samiti or Nominal member of bank.
- Farmer should possess minimum 4 acre land with clear title in his name.
- The land should be unencumbered i.e. Not mortgaged anywhere else.
|
Loan Amount |
- Through Gram Seva Sahkari samiti :
Max. Amount : 1,50,000 /-
|
Interest Rate |
7.00 % (2.00 % interest subsidy by state Govt. on timely repayment.) |
Loan Period |
1 year |
Re-Payment Mode |
Half yearly (June & December) |
Documents |
Land documents, ID proof. |