4. Credit Against National Savings Certificates, Fixed Deposit Receipts and Kisan Vikas Patra to Farmers

Purpose :  Bank accepts fixed deposits, national savings certificates and kisan vikas patra as security for agricultural loans, so long as the quantum of loan required is in consonance with crops grown or the investment proposed and repaying capacity likely to be generated and not with reference to value of securities pledged.

Eligibility : Applicant should be an agriculturist.


5. Credit against Gold Ornaments / Jewellery to Farmers

Purpose : Need based loan may be given for productive purposes, i.e, agriculture and allied activities.

Eligibility : Individual farmer

Extent of loan: Need based depending upon the requirement of the activity proposed to be undertaken.


6. Produce (marketing) Loan Scheme

Purpose: To meet short term credit requirement to adjust / repay the outstanding crop loan / KCC limit availed by farmers from the bank and to procure better price by storing farm produce and selling it at favourable price within a specified period

Eligibility : All the farmers irrespective of whether they were given crop loans for raising the produce or not will be eligible for the advances. However, where the farmers have availed KCC facility for crop production/composite cash credit limit from our bank for raising the crops, the same should not be overdue for repayment.


7. Farm Mechanisation Scheme - Financing for Purchase of Farm Machinery and Repair / Renovation of Tractors and Powertillers

Purpose : loan is sanctioned for purchase of new tractors and matching implements/equipments, purchase of new power tillers, purchase of second hand tractors with matching implements, purchase of agricultural machinery, repair/renovation of tractors.

Eligibility :

For tractors:  Farmer or a group of farmers holding land jointly should have a land holding either owned by them or held by them on perpetual leasehold rights of minimum 2.5 acres of perennially irrigated land or corresponding acreage. economic viability of financing tractor in each case shall be worked out. thus, financing of tractor shall be done after ensuring economic viability of the tractor loan proposal.

For power tillers:  Farmer or a group of farmers holding land jointly should have a land holding either owned by them or held by them on perpetual lease hold rights of minimum 1.5 acres of perennially irrigated land or corresponding acreage. financing of power tiller shall be done after ensuring economic viability of the power tiller proposal.

For other farm machinery/equipments: No condition of minimum land holding has been stipulated. farmer should have proper scope for utilization of assets and based on economics should be in a position to conveniently repay loan.


8. Scheme For Financing Farmers For Purchase Of Second Hand Tractors:

Purpose : to provide loan for purchase of second hand tractor to eligible farmers.

Eligibility : farmer or a group of farmers holding land jointly should have a land holding either owned by them or held by them on perpetual leasehold rights of minimum 2.5 acres of perennially irrigated land or corresponding acreage. thus, financing of tractor shall be done after ensuring economic viability of the tractor loan proposal.