Purpose |
- To meet the short term credit requirements for cultivation of crops
- Working capital for maintenance of farm assets and activities allied to agriculture, like dairy animals, inland fishery etc.
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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 irrigated land with clear title in his name.
- The land should be unencumbered i.e. Not mortgaged anywhere else.
|
Loan Amount |
|
Interest Rate |
- 7.00 % (Upto 3.00 Lakh)
- 12.00 % (above 3.00 Lakh)
|
Loan Period |
1 year. (July to June) |
Re-Payment Mode |
1 year |
Documents |
Land documents, ID proof. |