Eligibility Criteria : An individual, joint co-borrower, HUF proprietorship partnership (P) Ltd. , Ltd. Companies, Cooperative Society, Trust are eligible under the scheme who have minimum 2.5 acres of agriculture land with permanent source of Irrigation for minimum in two crops in a year and borrowers are non-defaulter of any financial institution.

It can be considered by taking into account the assets utilization for a minimum of 1000 hours of productive work per year on own farm and custom hiring. 

Amount of Loan: 90% on the invoice value of Tractor & implements.

Security : Hypothecation of tractor along with implements if applicable. Mortgage of agriculture land to secure the advance adequately or Third party guarantee acceptable to bank.

Margin Money : 10% of total value of tractor and implements.

Repayment: The entire loan shall be repaid in half yearly installments 5 - 9 years; Gestation period/moratorium period : minimum 6 months & maximum 18 months.

14. Agricultural Loan against security of Gold Jewellery

Purpose Loan available for the short term production and long term investment for agriculture/allied activities as well as domestic requirement such as education, consumable items, medical expenses etc.

Eligibility: The scheme is open for all farmers/ cultivators engaged in agriculture irrespective of land holding

15. Laghu Udhami Credit Card-Oriented business Card Scheme(OBCS)

Eligibility : Persons engaged in activities like small business units, retail traders, artisans, village industries, small scale units, professional and self employed persons etc.

Amount of Loan : Maximum loan up to Rs.10.00 lac per borrowal account.

Margin : 10% -

Validity of card : Oriental Business Card limit will be valid for 3 years, The account will be reviewed on yearly basis through a simple process note, already in vogue.

Security : Loan upto limit of Rs.25000/- : Hypothecation of assets created out of Bank funds under Oriental Business Card

Loan Over Rs.25,000/- and Upto limit of Rs. 10.00 lacs :

Primary security : Hypothecation of assets purchased by Bank funds.

Collateral Security : No Collateral security is to be obtained in case of Artisans (Permissible maximum credit limit per borrowal account is Rs. 2.00 lac). No Collateral security is to be obtained in case of Micro and SE Sector, Small Scale Service & Business (Inustry-Related) Enterprises-SSSBEs where per borrowal credit limit is upto Rs. 5.00 lac, however, cover under CGTMSE must be obtained in these cases.

Repayment : Within 5 years.