A single window credit assistance to the farmers for their cultivation & other needs as indicated below, subject to ensuring repayment capacity of farmers.
i. To meet the short term credit requirements for cultivation of crops
ii. Post harvest expenses
iii. Consumption requirements of farmer household
iv. Working capital for maintenance of farm assets and activities allied to agriculture, like dairy animals, inland fishery etc.
v. Investment credit requirement for agriculture and allied activities like pump sets, sprayers, dairy animals etc
i. All Farmers – Individuals / Joint borrowers who are owner cultivators
ii. Tenant Farmers, Oral Lessees & Share Croppers
iii. SHGs or Joint Liability Groups of Farmers including tenant farmers, share croppers etc.
iv. Individual farmers will be issued with RuPay debit cards.
v. The party should not be a defaulter to any of the Financial Institutions
vi. Not to be issued to minors and defaulters.
Short term WC sub component (revolving credit facility): Each withdrawal under the short term sub-limit to be liquidated in 12 months (short term crops)/18 months (in case of long term crops). The term loan component will be normally repayable within a period of 5 years in half yearly or Yearly installments.