| Purpose | To meet their day to day financial obligations arised due to outbreak of Covid-19. |
|---|---|
| Eligibility | All existing agriculture loan borrowers. |
| Target Group | Small/Marginal/Other farmers |
| Scale of finance | A) For Horticulture Crop Rs.25,000/- per acre subject to maximum of Rs.2,50,000/-. B) For field crops: a. Rs.15,000/- per acre of irrigated land subject to maximum of Rs.1,50,000/-. b. Rs.10,000/- per acre of dry land, subject to maximum of Rs.1,00,000/- |
| Rate of Interest | 13.00% pa& OD @15.00%pa |
| Repayment Period | Three to five yearly installments to coincide with harvesting/marketing of agriculture produce. |
| Interest | Interest will be capitalized half yearly. Interest shall be recovered along with installment. |
| Security | Banks existing charge on landed property to continue. |
| Co-oblignat/ Surety | Creditworthy customer shall be obtained. |