KARSHAKA MITRAM - EXCLUSIVE LOAN SCHEME FOR TDCB FARMERS CLUB MEMBERS

In a first of sorts, TDCB has become the only Bank in the State [and even in the country] to have designed an exclusive Agri.Term Loan product for the members of its Famers’ Clubs. The Scheme is aptly called ‘Karshaka Mitram’


Purpose

Multi-purpose Agri Term Loan including a contingency farm expenses components :- For example,

  • Related expenses of agri.allied sector like dairy, poultry etc (eg: feed, medicines, insurance etc) & replacement of existing dairy and other farm animals
  • Extension of existing irrigation pipeline in the farm, repair/replacement of pump-sets’ components, repair of tractor, repair of cattle shed etc
  • Simple fencing
  • Replanting of coconut, arecanut, cardamom, coffee etc., in the existing plantation/orchards on a small scale etc.
  • Or any other small scale expenses related to farm.
Eligibility

Members of TDCB farmers clubs

Loan extended only to FC members on recommendation of the Farmer's club members.
Quantum of Loan

Rs. 3 lakhs / member.

NOT a project based loan.

Rate of interest

11%

Repayment period

5 Years