 |
| Farmers who are not able to
repay the loan amount due to genuine reasons, are assisted under this
scheme by rescheduling the debt and providing additional short/medium
term credit. |
| Eligibility |
Quantum of Fresh Loan |
All the farmers who have overdue loans
|
Loan amount is decided based on the scale of finance for crops
and unit cost for investment credit for any viable agricultural
activity of the area, subject to technical/ economic viability
of the project. Total liability is taken into consideration for
fixing the duration and repayment of the debt.
|
| Repayment |
Interest |
| Rephased STPL |
Min. 3 years, Maximum 5 years depending upon surplus
generated |
| Term Loans |
Repayment Schedule fixed on income generation
and economic life of asset subject to max. of 10 years |
|
While fixing interest rate combined amount of existing
and fresh loan are taken into account
| Upto Rs.2 lakhs |
10.00% |
| Above 2 lakhs and upto Rs.5 lakhs |
11.50% |
| Above Rs.5 lakhs |
12.00% |
|
