Email: dccb.jodhpur@rajasthan.gov.in

Branches Timing: 10 Am to 5 Pm

Sahkar Kisan Kalyan:
 

When tillage begins, other arts follow. The farmers, therefore, are the founders of human civilization.
Purpose:
To provide financial capital for all long-term agricultural needs (machinery/ irrigation system installation/ land levelling/ barricading/ animal husbandry/ storage facility etc.) to our farmers indirectly through affiliated societies in Jodhpur at the Lowest Interest Rates.

Features:
• Sanctioned as Term Loan for society for tenure up to 09 years
• Maximum loan up to Rupees 1.00 lakh on irrigated land and up to Rupees 50 thousands on unirrigated land per farmer
• No compounding of Interest
• Simple Interest to be charged half yearly
• Installments to be paid half yearly
• No collateral property required

Advantage:
• Low Interest Rate
• 80% of the project cost or 70% DLC value of the property whichever is lower to be provided as loan
• Minimal Documents
• Zero Processing Fee
• No hidden charges
• No Pre-payment penalty

Eligibility:
• Affiliated ‘A’ or ‘B’ category societies of the bank, having good and strong balance sheet and accumulated profit as per the latest audit report.
• The amount of NPA should be within 10% limit.
• The PACS should have a permanent secretary appointed in it.
• Farmer should be a member of the society and have unpledged farmland in Jodhpur District engaged in agricultural activities.

Rate of Interest:
• Rate 10%
• ROI is calculated on daily reducing balance

Charges:
• Zero Processing 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
• Property documents of the land to be pledged in the bank
• Quotation of the machinery to be purchased in the project
• Bond form and consent of the society
• 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
• KYC of the society and the secretary

*Terms & Conditions apply. For further details, Please contact your Nearest Branch