|
Scheme |
Eligibility |
Quantum of Loan |
Rate of Interest |
Margin |
Security Norms |
Other terms & conditions |
Repayment terms |
|
Kisan Credit Card to Tenant Farmers/ Share croppers/ oral lessees through SHGs. |
Farmers undertaking crop cultivation on lands not owned by them. All SHGs having share croppers/ tenant farmer/oral lessee, linked with the branch |
On the basis of crop proposed to be cultivated/ scale of finance and area proposed to be brought under cultivation subject to the ceiling in term of the ratio of saving & loan amount |
9% P.A. simple subject to revision from time to time
|
Nil |
The group will have to docume-nts holding them jointly and severally respons-ible for bank loan. |
The financial requirement of the group will be based on the total need of the Individuals eligible share cropper/oral lessee/tenant farmer. |
KCC Limit for 3 years subject to Annual review. |