Agro Money


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Schemes

SCHEMES FOR AGRICULTURE AND RURAL DEVELOPMENT BY VARIOUS BANKS
KISAN CREDIT CARD SCHEME
ELIGIBILITY All agriculturists who are in need of short term production requirements.
PURPOSE To provide hassle free short-term credit to farmers on the basis of their land
holdings for purchase of inputs and draw cash to meet their production needs. i.e.
Cultivation expenses including allied activities with a consumption component.
AMOUNT OF
LOAN
Minimum Rs.10,000 and Maximum Rs.20 lakh.
LOAN TO FARMERS FOR PURCHASE OF LAND FOR AGRICULTURAL PURPOSES
ELIGIBILITY
Small and Marginal farmers - land maximum upto 5 acres of non-irrigated land or
2.5 acres of irrigated
PURPOSE To finance small and marginal farmers, share croppers, tenant cultivators for
purchasing land to expand activities and to make existing small and marginal units
economically viable to bring fallow lands and waste lands under cultivation to step
up agricultural production as well as productivity also to finance share croppers /
tenant farmers to enable them to diversify farming activities to allied areas to
increase their income.
AMOUNT OF
LOAN
Maximum Loan amount Rs. 5.00 lacs
FARM MECHANISATION
ELIGIBILITY Farmers/ planters cultivating sizable land, capable of servicing the bank loan
PURPOSE 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.,
AMOUNT OF
LOAN
Minimum Rs.10,000 and Maximum Rs.20 lakh.
AGRICLINICS AND AGRIBUSINESS CENTRES
ELIGIBILITY Graduates in Agriculture and subjects allied to agriculture.
PURPOSE Extension of equal opportunities to all eligible agricultural graduates to undertake
economically viable ventures in identified areas through a network of
AGRI-CLINICS and AGRI-BUSINESS CENTRES in which the applicant graduate
would be stake holders.
AMOUNT OF
LOAN
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).
ADVANCE AGAINST WAREHOUSE RECEIPT
ELIGIBILITY Farmers / traders depositing farm produce in the warehouses of the central /
state warehousing corporations.
PURPOSE a. To protect the farmers from the compulsion to sell their produce immediately
after harvest of produce despite an adverse market.
b. To finance farmers and traders against warehouse receipt.
AMOUNT OF
LOAN
70% of the value of the warehouse receipt, valued at the market value or 70% of
the market price advised by Agri. Dept,
DIFFERENTIAL RATE OF INTEREST SCHEME (DRI)
ELIGIBILITY Family income should not exceed;
Rs.6400 p.a. in rural/ semi urban areas;
Rs.7200 p. a. in urban areas.
Land holding should not exceed 1 acre irrigated or 2.5 acres unirrigated land.
There is no ceiling for SC/ ST members.
PURPOSE To provide credit to weakest among the weak to set up small productive ventures.
AMOUNT OF
LOAN
Maximum Rs.6500 inclusive of Rs.1500 for working capital needs.
Kisan White Card Scheme For Dairy Development
ELIGIBILITY (I) Individual borrowers undertaking dairying as subsidiary activity
(ii) Individual borrowers undertaking commercial dairy as main activity
PURPOSE 1. Purchase of Animals: Financing individuals for purchase/rearing of good
quality high yielding milch animals, viz., cows/buffaloes or cross bred cows for
milk production.
2. Construction of Shed: Financing for construction of animal shed.
3. Hi-Tech commercial dairy units: To set up new Hi-Tech commercial dairy
units & also for extension of the existing dairy units
4. Modern Machinery: To purchase the modern machinery for diary development
and improving the profitability.
5. Transportation Vehicle: To Purchase transport vehicle for transportation of
milk and its by product i.e. two wheeler, four wheeler, refrigerated van etc.
6. Working Capital: To meet out yearly requirement of green fodder, dry fodder,
animal feed, labour charges and miscellaneous expenses such as veterinary
expenses, electricity & water.
AMOUNT OF
LOAN
Minimum Rs.50,000/- and maximum Rs.10.00 lacs.
SCHEME FOR FINANCING POULTRY FARMING
ELIGIBILITY Small farmers, landless agricultural labourers or any other persons who are
under-employed and intend to supplement income through poultry.
PURPOSE Scheme for financing poultry farming provides for investment credit for
construction of sheds and purchase of equipments on the one hand and
production credit for purchase of day old chicks, feed, medicines, etc., on the
other hand. Financial assistance shall be made available to the intending
borrowers as under: -
For subsidiary activity: Investment credit will be provided in the shape of medium
term loan for acquiring fixed assets whereas production credit will be given to
meet the working capital requirements in the shape of Short Term Loan.
For main activity: Investment credit will be provided as medium term loan
whereas production credit will be given either in the shape of cash credit limit or
as an integral component of investment credit.
AMOUNT OF
LOAN
Need-based
SCHEME FOR FINANCING DEVELOPMENT OF HORTICULTURE
ELIGIBILITY Individual farmers or group of farmers with stipulated land holding , and Public
Sector Undertakings or private firms desirous of seeking financial assistance for
plantation of fruit trees or other economic plants on project basis.
PURPOSE For establishment and development of new orchards or groves of fruit crops,
plantation crops, ornamental crops, medicinal plants, essential oil/aromatic plants
etc, rejuvenation of existing orchards or plantation, raising vegetables ,raising
flower crops, inter-cropping in horticultural crops, Marketing loan to meet picking,
grading, crating, forwarding and transportation costs etc..
AMOUNT OF
LOAN
Need based
SCHEME FOR FINANCING FISHERIES DEVELOPMENT
ELIGIBILITY Loan assistance is extended to farmers, individuals, co-operative societies,
companies, association of persons who have adequate know-how and necessary
infrastructural facilities for implementation of the scheme
PURPOSE For Construction/renovation of ponds/tanks., construction of sluices, purchase of
fish prawn, fry and fingerlings/ fish seed/ prawn seed, purchase of inputs like oil
cake, fertilizers, organic fertilizers and other feed materials upto the first harvest,
purchase of nets, boxes, baskets, ropes, shovels, hooks and other accessories etc
AMOUNT OF
LOAN
Need based


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