Organization : Tripura State Co-Operative Bank Ltd
Facility : Kishan Credit Card Scheme
Home Page : https://tscbank.nic.in/lending.htm
For more details get here :https://tscbank.nic.in/kcc.htm
Kishan Credit Card Scheme :
Purpose
To extend adequate and timely support to farmers for their short term credit needs.
Related : Tripura State Cooperative Bank Deposit/ Lending Scheme : www.statusin.in/5371.html
Who are eligible for the loan :
Farmers with excellent repayment record for 2 years. New farmers with sizeable deposits with our branches for 3 to 4 years are also eligible.
Borrowers with good track record in other Banks are also eligible. Farmers who have defaulted in repayment but have liquidated the outstanding are also eligible.
Loan Amount :
Loan amount is decided based on the cropping pattern, ancillary and contingency needs of the farmer for the full year. 90 % of the cost of cultivation (Scale of Finance) is given as loan per acre. 100 % of the cost is available as loan upto Rs. 50,000/- and 85 % of the cost is available as loan above Rs. 1,00,000/-
Documents you need to provide :
** Land records to ascertain cultivation rights.
** Acreage under different crops
** Sources of other borrowings eg. Co-operative Societies and Banks.
Disbursement of the loan :
As per the cultivation requirements of the crop the loan amount is disbursed in cash and kind (for fertilizers, pesticides etc)
How do you Repay :
It is a revolving cash credit limit with any number of withdrawals and repayments.
How to apply for this loan :
You may contact our nearest branch for the application or even talk to the field officers visiting your village and produce the land documents.