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Purpose:
To augment your short-term Agriculture Financial needs and provide capital for animal husbandry related activities, get a limit sanctioned under Kisan Credit Card Animal Husbandry Scheme indirectly through our affiliated societies in Jodhpur at the Lowest Interest Rates.
Features:
• Sanctioned as Credit Limit for society for 1 year
• Maximum limit up to Rupees 2.00 lakh per farmer
• No compounding of Interest
• Simple Interest to be paid half yearly
• No collateral property required
Advantage:
• Low Interest Rate
• Zero margin (100% loan to be provided by the bank)
• Minimal Documents
• Zero Processing Fee
• No hidden charges
• No Pre-payment penalty
Eligibility:
• Affiliated societies of the bank, with accumulated profit and no record of fraud in its latest audit report.
• The amount of NPA should be within 10% limit.
• The PACS should have a permanent secretary appointed in it.
• Farmer engaged in animal husbandry activities along with agriculture work or Animal keeper/ cattleman/tenant farmers/SHG/JLG engaged in animal husbandry activities and having shade facility should be a member of the society.
Rate of Interest:
• Rate 5%
• ROI is calculated on daily reducing balance
Charges:
• Zero Processing Fee
• Zero Renewal Fee
• Other Charges: Document stamp charges as prescribed by the Government
Documents Required:
For farmers applying through society
• Application form duly filled and signed
• KYC Documents of the applicant
• CIBIL reports of the applicant
• Membership details of the applicant in society
• Tri-partite agreement
• Good Health Certificate of the animal
• Declaration by the applicant for not selling of the animal(s) and availability of the shade for animal(s)
• Land documents of the farmers if any
• Affidavit by the applicant
For society applying on behalf of all farmers:
• Application form duly filled and signed
• Proposal by the board of directors of the society
• Last 03 year audit reports
• Proposal of the constitution of the board members and appointment of the secretary in the society
• List of board of directors and their KYC
• Certification of the verification of the pledged crop produce
• KYC of the society and the secretary
• Application form duly filled and signed
• KYC Documents of the applicant and 02 guarantors
• CIBIL reports of the applicant and guarantors
• Health certificate of animals
• Affidavit for availability of shade facility for animals
• Affidavit by the applicant
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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