Crop Loans Scheme
The Crop Loans scheme and Agricultural Gold loans are offered for agriculturists, tenant farmers, and sharecroppers to raise all types of crops.
| Features | ||
|---|---|---|
| Limit | : | Fixed on the basis of crops raised according to the latest DLTC scales of finance |
| Repayment | : | According to the harvesting and marketing period of each crop |
| Margin | : | SF & MF: No margin Others: 15% to 25% |
| Security | : | Up to `25, 000: Hypothecation of crops raised Above `25, 000: Hypothecation of crops in addition to mortgage of farm land or 3rd party guarantee, according to the discretion of the bank |
| Credit Crop Insurance | : | Facility of Rastriya Krishi Bima Yojana for notified crops in notified areas |
