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1. Green Card
KVB is providing credit facilities to farmers vide its KVB Green Card scheme, the details of the same are as under:
Features:
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Individual farmers who are owner cultivators and are already having satisfactory dealings with the bank are eligible.
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The card provides credit facility to meet the working capital or any urgent short term credit requirements of the farmers
- For a card / credit limit of Rs.10,000/- no margin is applicable
2. Farmers Two Wheeler Scheme
KVB is providing a special Two Wheeler Scheme for farmers and all agriculturists owning agricultural lands. The loan can be availed for purchase of brand new two wheelers.
Features:
The bank is providing loans for individuals towards the purchase of combined harvesters. The features of the scheme are as under:
Features:
- Individuals are eligible to take up this facility from the bank.
- The maximum amount of the loan would be the cost of the harvester less margin.
- Margin for the loan would be applicable 15% to 25% on case to case basis.
4. Green Trac
The bank is providing loans to farmers for purchase of tractors / power tillers. The features are as below:
Features:
- Individuals / joint applicants are eligible for the loan.
- A minimum land requirement of 3 to 5 acres for tractor and 2 to 3 acres for power tillers is required.
- A margin of 15% to 25% would be applicable on the loan.
- Repayment period is 5 to 7 years.
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