Deposit Loan

The Bank will issue Medium Term Loans for the following agricultural purposes -
a. For minor improvements of land such as reclamation, fencing etc.
b. For maintenance of sources of irrigation or minor repairs to wells or tanks or replacement or repairs of Agricultural     Implements.
c. For purchase of live stock for Agricultural  Purposes
d. For consumption of and improvement of farm houses or cattle sheds 
e. For purchase of Elect. Pump sets, oil Engines (including the cost of accessories) and pump house and for digging of     wells without insisting upon any charge on the property subject to the conditions and limits as prescribed by NABARD.  
f. For purchase of agricultural machineries such as power tillers, parts etc. 
g. Wells &Tanks, Boring      
h. Pump-House 
i. Wells with Pumping Sets
j. Agricultural implements such as Iron Plough , Seed-drill, Sprayers, dusters & other implements.
k. For Purchase of Milk Cattle (Cross Bread)
l. For Poultry Farming, Bee Keeping, Piggery 
m. Sericulture.
n. For any other purpose as decided by the Board from time to time.

Individual customers having satisfactory dealings with our bank.
New customers well introduced and credit worthy with satisfactory banker's / market reports on them.

Maximum individual limit of the loan is Rs. 10,00,000/-.

Up to 60 months/5 years (10 Instalments)

(click here for inetrest rate)

• Nominal Membership Fees of Rs. 100/-
• Family tree (3 Generations) authorized from Village accountant.
• R T C of 3 years
• Mutation Copy
• Tax Payment Receipt
• Sale Deed, Property  Partition documents and all related documents
• Total Irrigation Certificate
• N O C Certificates
• Passport Size Photo (3 Copies)
• Legal fees
• Project Report
• E C (13 years)
• Income Source
• Valuation Certificate
• Caste Certificate

 Mortgage of property acceptable to the Bank having clear marketable title.
The land offered as security should be converted land/building only.
There should be proper four wheeler road approach to the mortgaged property.

Kissan Credit Cards are provided to the farmer who are the members of the Society, to get themselves engaged in their agricultural activities depending upon their financial needs, in a easy manner.

The applicant must be a farmer and should be the member of the Primary Credit Co-operative Society where his agricultural property exists. He should not have availed similar facility from any other Commercial Bank, Co-operative Bank or Cooperative society.
The credit limit sanctioned under this scheme is subject to the aggregate credit limit for which he is eligible for all type of crops grown by him as mentioned in the Normal Credit Statement prepared by the DLST Committee meeting.

1 year

The rate of interest applicable for Kissan Credit Card is the rate applicable for the Crop loans.

• Nominal Membership Fees of Rs. 100/-
• Family tree (3 Generations) authorized from Village accountant.
• R T C of 3 years (PHANI)
• Mutation Copy
• c. Tax Payment Receipt
• Sale Deed, Property  Partition documents and all related documents
• Total Irrigation Certificate
• N O C Certificates
• Passport Size Photo (3 Copies)
• Legal fees
• Project Report
• E C (13 years)
• Income Source
• Valuation Certificate
• Caste Certificate
• Declaration Certificate from Tahsildar

a. Application for Kissan Credit Card may be submitted at any time during the year provided he should clear all his crop loans borrowed before availing this facility or the crop should be cleared from the proceeds available under the card.

b. Credit Card application should be duly filled in the prescribed form with all enclosures. During annual review a simple request letter is sufficient for renewal of limit but for increase of limit during annual review necessary bonds etc should be furnished for fresh limit. For the renewal of the account at end of the year fresh application with all enclosures are needed. 

c. After scrutinizing the application the Secretary will place the same before the Managing Committee for sanction. The Managing Committee of the society is authorized to sanction the loan under Credit Card Scheme. The Managing Committee may reject the application without giving any reasons to the applicant. Managing Committee will take the decision of fixing the Credit Card limit after taking into consideration 

i. Lands owned by the applicant
ii. Eligibility under Crop loan and
iii. The applicant’s dealings with the Society in the previous years.