KCC

Eligibility

• All Farmers Individuals / Joint who are owner cultivators.
• Tenant Farmers, Oral Lessors & Share croppers
• Partnership firms / Pvt. & Public Company Ltd. Companies engaged in Agri. Or allied activities.
• SHG / JLGs of farmers including Tenant farmers & share croppers
• Registered GPA holders of farmers.

Components for Advancing Credit

• Short term credit for crop cultivation including post-harvest marketing expenses.
• Consumption requirement.
• W/c for maintenance of farm assets, W/c for allied activities.

Fixation of limit

Scale of Finance X Area cultivated

• 10% limit for post-harvest / consumption
• 20% for maintenance of farm assets
• Crop Insurance + PAIS

Above shall be counted for 1st year.

For 2^nd, 3^rd, 4^th & 5^th years : Limit for previous year + 10% increase subject to Scale of Finance.

Repayment

• Tenable for 5 years subject to Annual review.

Security Norms

• Up to Rs.160000/- - Hypothecation of crops created out of loan
• Above Rs.160000/- to Rs.2.00 lakhs :
  • Hypothecation of crops
  • Charge creation in Bhoomi
  • Co-obligation
• Above Rs. 2.00 lakhs : SMT / EMT along with the above said norms

PAISE

• Mandatory for upto 70 Years