CROP LOANS

PACS Pothgal provides crop loans to farmers. The loans will be disbursed in the months of July and August of every year.

The loan amount is Rupees 35000 for 1 acre and the highest loan amount is Rupees 3,00,000.

 

The interest rate  on crop loan is 7% per annum and the payment of interest is paid twice in the year. Renewal of principle amount should be done twice in the year.

 

A refundable share capital of 10% is deducted on the loan amount.

 

Documents required for the crop loan:

 

1. New Pattadar Passbook.

2. 1B and Pahani latest from MEE SEVA.  

3. KDCC Bank Account.

4. No due certificate from other bank.

5. Aadhar Card.

6. 4 Passport size photos.

Loan amount disbursed:

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