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Banking & Credit :: VIJAYA BANK

1. Agricultural Advances  - Direct

Direct loans to Agriculture and allied activities include loans to individual farmers or SHGs / JLGs of Farmers for the following purposes:
  1. Short term loans for raising crops
  2. Short term loans to traditional Plantation and Horticulture.
  3. Pledge loans upto Rs. 10.00lakhs repayable in 12 mths irrespective of whether
  4. farmers have availed crop loans or not.
  5. Working capital and term loans for financing production and investment requirements for agriculture and allied activities.
  6. Loans to small and marginal farmers for purchase of land for agricultural purposes.
  7. loans to distressed farmers indebted to Non-Institutional lenders against appropriate collateral or group security.
  8. loans granted for Pre-Harvest or Post- harvest activities such as spraying , weeding, harvesting, grading, sorting, processing and transporting undertaken by individuals , SHGs and Co-operative in rural areas.
  9. Short term loans for allied activities such as dairying, Fishery, Piggery, Poultry, Bee Keeping etc.
  10. Purchase of agricultural implements and machinery – Iron ploughs, harrows, hose, land - levelers, bund formers, hand tools, sprayers, dusters, hay-press, sugarcane crushers, thresher machines etc.
  11. Purchase of farm Machinery - Tractors, trailers, power tillers, tractor accessories viz Disc ploughs etc.
  12. Purchase of trucks, mini-trucks, jeeps, pickup vans & other transport equipments for agricultural purpose i.e., transportation of farm inputs/outputs.
  13. Purchase of plough animals
  14. Construction of shallow and deep tube wells, tanks, etc.
  15. Constructing, deepening, clearing of surface wells, boring of wells, electrification of well, purchase of oil engines and installation of pumpsets, etc.
  16. Purchase and installation of turbine pumps, construction of field channel .etc.
  17. Lift irrigation projects
  18. Installation of sprinkler / drip  irrigation system (Micro Irrigation)
  19. Purchase of generator sets for agricultural purpose
  20. Bunding of farm lands, levelling of land, terracing of dry paddy lands into wet irrigable paddy lands, development of farm drainage, reclamation of soil lands and prevention of salinisation, reclamation of ravine lands, purchase bulldozers etc.
  21. Construction of Bullock sheds, implement sheds, tractor and tractor sheds, vehicle sheds, farm stores etc.
  22. Construction and running of warehouses, godowns, silos and cold storages.
  23. Production and processing of hybrid seeds of crops
  24. Development of dairying and animal husbandry in all its aspects
  25. Development of Fisheries
  26. Development of poultry, piggery, beekeeping / sheep, goat etc
  27. Development of sericulture
  28. Bio gas plants.

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