An exclusive Scheme for individual tenant farmers and farmers without proper land records to bring in a larger number of disadvantaged sections within the ambit of Financial Inclusion

  • Cultivation of crops – Cultivation expenses should be atleast 50% of the limit.
  • Post harvest /household/consumption requirements (10% of limit)
  • Repairs and maintenance expenses of farm assets (20% of the Limit)
  • Crop insurance under PMFBY Scheme is available.
  • All tenant farmers including Share croppers / Oral lessees
  • Farmers cultivating lands under contractual arrangements with land owners, not by way of complete leasing.
  • Farmers cultivating land without proper land records.
  • Farmers with tiny land holdings.
  • Any other type of farmers who are cultivating lands and cannot be brought under our regular Agricultural loan Schemes.
  • Should not be a defaulter to other Institutions.
  • Finance is to be extended to only one person from a family.
Quantum Maximum quantum: Rs.50000/-
Margin As per Scale of finance for crop cultivation. Nil for other purposes.
Security Hypothecation of Crops.
Repayment Period Running limit – Tenable for 12 months subject to annual review.
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Last updated on 02-12-2023 08:42 AM

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