Agricultural Loans

 

RUPAY KISAN CREDIT CARD FOR FARMERS :

Apply today and Be a proud owner of RuPay Kisan Card of “The Patiala Central Cooperative Bank Ltd.”. Now you don’t have to visit the branch for withdrawing your ADVANCEMENT OF KCC LIMIT. No longer you have to wait in queues. Your card can be used not only at ATMs of our bank but also at ATMs of the other banks displaying RuPay Logo. Popularly known as ‘Plastic Money’, a Kisan card makes shopping a risk free and pleasant experience. Please note that PIN is mandatory for using your card at POS terminals of the Merchant Establishments. You can also make payments to the merchant over the internet using the card.

 

Beneficiary

Farmers Through Multipurpose Cooperative Agriculture Service Societies.

Purpose

Production of Crops

Loan Limit

As per Land Holding and Scale of finance for each crop fixed from time to time by The Registrar, Cooperative Societies, Punjab, Chandigarh.

Margin

No margin money required

Repayment Period

Half Yearly linked with Crop Harvesting i.e. 30th June and 31st January.

Collateral Security          

Nil.

Beneficiary

Any individual farmer holding the agricultural land.

Purpose

Credit facility for meeting out socio-economic and agricultural needs

Loan Limit

Maximum amount Rs 15.00 lakhs or Rs 1.5 lakh per acre.

Margin

No Margin required.

Repayment Period

Renewable on annual basis.

Collateral Security          

Agriculture Land valuing at 150% of the Loan amount.

Beneficiary

Any agricultural society

Purpose

To purchase the agriculture implements.

Loan Limit

Maximum amount Rs.15 lakhs

Repayment Period

Maximum 5 years.

Collateral Security          

 No Collateral security.

 

Beneficiary

Any Individual farmer holding the agriculture land.

Purpose

To grow the seasonal vegetables.

Loan Limit

Maximum amount RS. 90000.

Repayment Period

Maximum 5years

Collateral Security          

No collateral security required. Only 2 good sureties accepted to the bank required.