The Government Information Center

New Comprehensive Rural Credit Scheme (NCRCS)

• Approved for Paddy and other 34 crops
• Credit facilities under “Forward Sales Agreement” for pre and
• past cultivation activities

Eligibility

1. Should be a customer of the Bank
2. Should not be a defaulter of the Bank or any other financial institution.

Securities

• Inter-se guarantee of two farmers
• Any other security acceptable to the Bank

Documents Required

1. Loan application
2. Guarantors' Statements
3. Written confirmation for ownership of the land

“Govi Shakthi” Loan Scheme

• To purchase farm equipments required for agricultural mechanism

Eligibility

1. Should be a bona-fide farmer
2. Should be a customer of the Bank
3. Should not be a defaulter of the Bank or any other institution
   

Securities

• Inter-se guarantee of two farmers.(as per loan amount)
• Assignment over Comprehensive Insurance cover to the Bank.

Documents Required

1. Loan application
2. Guarantors' Statements
3. If mortgage over property–Street line certificate,non-vesting certificate and Deed