Terms & Conditions

i. Upto 95% loan may be sanctioned to borrowers depending upon the purposes for which loan is required.
ii. Security : LT loan is granted on land/agricultural land mortgage as main security. Besides hypothecation of assets, surety etc., will be treated as collateral security.
iii. Land Valuation : The eligibility criteria of loan will be fixed on land valuation 60 per cent of which will be taken as loan value.
iv. Repayment period : LT loans are granted for five years and above upto 15 years depending upon the loan purpose. Grace period is granted on specific projects.

Whom to approach for loan/details of scheme

Primary Agriculture and Rural Development Banks/Branches of SCARDBs are located at each taluka/block in the country. The needy person may contact Manager of the PCARDBs/Branches during working hours for details for detailed enquiry about schemes, terms and conditions, loan application etc.

Deposit Mobilisation

To strengthen the resource base of SCARDBs, RBI has granted permission for accepting rural deposits from the borrowers/non-borrowers of SCARDBs in rural areas. SCARDBs have formulated their various deposit mobilisation schemes and are accepting deposits ranging from one year onwards.

Land Development Banks in Tamil Nadu

For further details Click here

Source
http://www.agriculture.tn.nic.in/IS_District.asp?Ino=29&Inm=Land%20Development%20Bank 
http://www.nafcard.org/functions.htm