KOLE KARSHAKA SAMRITHI

Purpose

Crop loan is provided to Kole Padavu committees/ Padasekarams meet all expenses involved in raising crops like Paddy, Banana, Vegetables etc including various agronomic practices.

Eligibility

Farmers who are the members of Kole Padavu committees/ Padasekarams.

Quantum of Loan

The loan amount would be fixed based on the scale of finance fixed by DLTC every year.

Rate of interest

7%

Repayment period

12 Months

Insurance

All eligible [notified] crops would be covered by Crop Insurance Schemes of AIC

Other Features

Interest subvention/ Incentive for prompt repayment available as per norms