A: Credit Facility to Farmers
S.No | Credit Facility | Quantum of Assistance |
1 | Interest Assistance | Crop loan upto 3.00 lakhs at 7% rate of interest. This interest rate becomes 4% due to 3% interest subvention incentives provided to those farmers who repay crop loan on time |
2 | Collateral / security-free loan | No need of collateral security for farm loan up to 1.60 lakh |
3 | Kisan Credit Card | Farmers can avail crop loan through Kisan Credit Card. Loan /credit limit is fixed on the basis of crop sown and area under cultivation. Kisan Credit Cards are valid for 3-5 years. Farmers are also provided risk coverage in the event of accidental death/ disability. Crop coverage loans are covered under the Crop Insurance Scheme. |
4 | Investment Loan | Loan facility to the farmers is available for investment purposes in the areas viz. Irrigation, Agricultural Mechanization, Land Development, Plantation, Horticulture and Post-Harvest Management |
Nearest Commercial Banks, Regional Rural Banks and Cooperative Credit Societies
Last Modified : 3/2/2020
This section covers about Agricultural Credit rela...
This topic covers the Information related to Agric...
This topic covers the information related to Agric...
This topic covers the Information related to Agric...