• Working capital requirements - for allied activities, farm machinery / equipment maintenance
• Repairs and Replacements of Machinery, Farm Animals, Repairs / Improvements of Land Development works, other works of Developmental nature
• Working capital requirements for Non-farm sector activities
• Other consumption needs of farmers
• Will not be granted for crop cultivation expenses as existing Kisan Credit Card facility is available for such requirements

• Individual farmers/joint borrowers, partnership firms, private limited companies and public limited companies who are primarily owner cultivators and / or engaged in allied activities, non-farm activities.
• Should have at least one year satisfactory repayment record.
• Finance is based on income generation and repayment capacity.
• Should not be a defaulter to any of the financial institutions

• Land Tax Paid Receipt
• Possession Certificate
• Title deeds
• Any other documents as required by the bank

Limit

• Maximum of 50% of value of the landed property offered as security.
• Maximum of 4 times of the Net annual agricultural income.
• Maximum of Rs.1.50 lakh per Acre (40 Ares) of land.

Margin

• 15-25% of estimated cost.

• Mortgage of landed properties owned by the borrower, value of which should be at least 200% of the limit, is to be obtained as Primary security.

• Tenable for 3 years, subject to annual review.
• The limit would be in the nature of revolving OD and provide for any number of withdrawals and repayments within the limit. Interest shall be collected as and when due.

• Please visit Loan Interest Rates page for details