9. Indian Bank Kisan Bike Scheme (IBKB)

Eligibility:

• To enable farmers in purchasing Motor Cycle for transportation of small quantities of agricultural inputs.
  
• Age: 18-55 years.
• Possesses driving license.
• Should own landed properties
  • 1 acre irrigated/2 acre dry land (For upto Rs.25,000)
    
  • 2 acre irrigated/4 acre dry land (Rs.25,000/- to Rs.50,000/-)

Purpose: To enable farmers in purchasing Motor Cycle for transportation of small quantities of agricultural inputs.

Amount of loan: As per Quotations from authorised dealers.

10. Indian Bank Agri Vendor Bike Scheme

Eligibility:

• Age: 18-55 years.
• Possesses a permanent valid driving license.
• Should be a permanent resident of the village
• Monthly income Rs.2500/- (Minimum)

Purpose: To enable the Small vendors or SHGs in rural / semi urban/ metropolitan areas transporting the Agri or allied produces to the market centres/outlets.

Amount of loan: Maximum of Rs.25000/- (Road price inclusive of Registration, Road Tax and Insurance)

11. Agricultural Produce Marketing Scheme

Eligibility:

• All farmers irrespective of availing crop loan or not and having stored their agri. produce in CWC, SWC, or private godowns approved/licensed by appropriate authorities like FCI, CWC, SWC, CPWD, AGRI marketing committees, NABARD/NHB.
• Individuals/Partnership firms/Companies etc. intend to construct cold storage units/godowns for storing agri. product irrespective of the location for onward lending to farmers against their agri-produce.

Purpose:

• To provide finance against pledge of Warehouse receipts, godowns/cold storage receipts etc.
• To avoid distress sale of agri. produce by the farmers and enable them to get a remunerative price.

Loan Amount: 70% of the wholesale market price of the produce stored Maximum of Rs.10.00 lakhs.

Source: www.indian-bank.com