| 1. |
CORP KISAN FARM MECHANISATION (CKFM) |
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Purpose |
- Farmers/ planters cultivating sizable land,
- capable of servicing the bank loan and meeting our normal lending standards.
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Eligibility |
- Financing of tractors/ power tiller, trailer, tillers, harvester, thresher, sprayers, cultivators, combine harvesters,
- generator sets, lift irrigation units, installation of pump sets, drip/ sprinkler irrigation systems etc.,
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| 2. |
CORP KISAN VEHICLE LOAN YOJANA (CKVLY) |
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Objective |
- Financing for purchase of Jeep, pick up van, Mini truck, Truck, Tempo, Car/Van, 2 wheeler etc.
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Eligibility |
- Loan New vehicle: 90% of cost of vehicle plus accessories plus registration plus insurance.
- Old vehicle: 75% of assessed value.
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| 3. |
CORP AGRICULTURAL PRODUCE LOAN (CAPL) |
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Objective |
- Credit facility to farmers to avoid distress sale.
- Credit facility to traders to meet working capital need.
|
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Eligibility |
- Farmers who have availed crop loan facility from our bank.
- Farmers who have availed any crop loan/ credit facility from any bank and accounts are regular.
- Traders holding valid license and carrying on trade for minimum one year.
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| 4. |
LAND PURCHASE SCHEME FOR FARMERS |
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Objective |
- Providing term finance to small farmers to purchase agricultural land/ fallow land/ waste land, to develop and cultivate them to increase production and productivity, to diversify the present activities.
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Eligibility |
- Small farmers as per NABARD definition.
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| 5. |
AGRICLINICS AND AGRIBUSINESS CENTRES |
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Eligibility |
- Graduates in Agriculture and subjects allied to agriculture.
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Project cost |
- Up to Rs.10 lakh for individuals and up to Rs.50 lakh for groups (normally of 5 of which one shall be MBA graduate).
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