The ultimate goal of farming is not the growing of crops, but the cultivation and perfection of human beings.
Purpose:
To provide financial assistance for the period between crop harvesting and selling of crops in the market against the produce to avoid distress selling by our hard-working farmers indirectly through affiliated societies in Jodhpur at the Lowest Interest Rates.

Features:
• Sanctioned as Short Term Loan for society for tenure up to 90 days, extendable upto 180 days
• Maximum loan up to Rupees 3.00 lakh per farmer
• No compounding of Interest
• Simple Interest to be charged half yearly
• No other collateral except the crop produce in the field

Advantage:
• Low Interest Rate
• 80% of the market value of produce to be provided as loan
• Minimal Documents
• Zero Processing Fee
• No hidden charges
• No Pre-payment penalty
• No stamp duty to be borne by the farmers and society

Eligibility:
• Affiliated ‘A’ or ‘B’ or ‘C’ 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
• No Other Charges

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