Purpose |
Cultivation of short-term crops (Short Term Seasonal Agricultural Operations) and meeting contingency expenses subject to 20% of the peak credit limit. |
Target Group |
All farmers, individuals (singly or jointly), tenant farmers, oral lessees, share croppers, SHGs and Joint Liability Groups |
Age |
Minimum 21 years ; Maximum: 65 years |
Loan Amount |
Credit limit is based on operational land holding, cropping pattern and scale of finance. |
Margin |
For loan up to Rs. 1,00,000/- No margin |
Interest Rate |
As per Bank's guidelines |