1. Agri-Mobile Loan
2 . Federal Kissan Cards
3. Warehouse Loan
4. Commodity Futures Trade linked Warehouse Receipt Loan (CFT) Scheme
5. Scheme for Purchasing & Developing Agricultural Properties
6. Animal Husbandry (Allied Activities) Schemes
7. Fed Farm Hospitality
8. Finance to Horticulture
9. Scheme for Financing Small Rubber Growers
10. Irrigatin Infrastructure
11. Land Development
12. General Credit Card Scheme
1. AGRI-MOBILE LOAN
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Eligibility:
I. Agriculturists:
Those owning minimum 1 Ha (2.50 acres) of yielding plantation crops in own name and another 1 Ha (2.50 acres) of yielding plantation under collective management.Total 2 Ha (5 acres) and a favourable DSCR of 1 to 1.50.
II. Others:
Those engaged in all the allied activities under Agriculture including fertiliser/pesticide/agriculture implements dealers and those having the dealerships of irrigation equipment’s including Drip/Sprinkler irrigation systems with a favourable DSCR of 1-1.50.
Period:
Upto seven years.
For further details Click here
2. FEDERAL KISSAN CARDS
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Federal Bank comes out with an innovative product with lot of built in flexibility suiting the over all credit requirements and potential of the farming community. Introducing "FEDERAL KISAN CARD".
Purpose:
Federal Kisan Cards can be issued to farmers to meet their cultivation needs and non-farm requirements including purchase of inputs and other short term requirements and working capital requirements for allied activities in a flexible and cost effective manner.
Eligibility:
Owner cultivators or those engaged in allied activities are eligible for Federal Kisan Cards. Farmers cultivating authorised leased lands are also eligible.
Period:
The Federal Kisan Card is for a period of 3 years subject to an annual review.
For further details Click here
3. WAREHOUSE LOAN
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Purpose:
- Business/Personal/Agriculture
Eligibility:
- Against Warehouse receipts
Period:
For further details Click here
4. Commodity Futures Trade linked Warehouse Receipt Loan (CFT) Scheme
Purpose
The scheme envisages financing commodity stock held in accredited ware houses against forward sale contracts entered into by customers on the platform of approved futures exchanges namely (NCDEX, MCX and NMCE).
Purpose
All direct / indirect agricultural and allied activities like raising crops, meeting working capital requirements of all allied activities like dairy, fisheries, poultry, trading in agricultural inputs like fertilizers, poultry inputs, seeds, agricultural equipment, etc.
Eligibility
Individuals engaged in Agriculture and allied activities
Loan Amount
Maximum amount of Rs.10.00 L.
Rs.1050 / gram for loan period up to 6 months (75% of market value).
Rs.1000 /gram for loan period up to 12 months (70 % of market value)
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5. Scheme for Purchasing & Developing Agricultural Properties
Purpose
Loan to for purchase and development of agricultural land by small farmers.
Eligibility
Persons (Residents only) with agricultural background / those who are having a flair for farming related activities and having sufficient repaying capacity
Loan Amount
Maximum loan amount for purchase under the scheme will be 75 % of the value of land as estimated by the Bank. Credit facilities for development of land, irrigation facilities and for cultivation of crops will also be available. A farmer will be required to contribute minimum 15 percent of total cost as margin from his own resources towards development loans.
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Purpose
Agricultural Term Loans are provided for the purchase of assets / creation of assets/infrastructure relating to poultry, dairy development, Piggery, Sericulture, Apiculture, Fisheries Development etc.,
Eligibility
Persons taking up all kinds of activities under animal husbandry sector are eligible.
Loan Amount
Up to Rs.50,000 - 100 % of the cost of the asset / project cost is provided as loan. Above Rs 50,000 - up to 85 % of the cost of the asset/project is given as loan.
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Purpose
Construction of Farmhouses (with stores etc), farm roads, rest houses, restaurant/ catering facilities, other public utility services, Expansion / Maintenance/ repairs and renovation of existing Farm Houses, Marketing outlets for Farm produce, etc (For own use or for Farm Tourism related activities).
Eligibility
All agriculturists carrying out investments in farm houses and farm tourism infrastructure in the agricultural properties owned by them with required approvals are eligible for loans under the package
Loan Amount
For new construction - Maximum Rs 50 Lakhs (Higher amount can be considered for applicants having sufficient cash flows) with a minimum margin of 15%. For expansion, repairs and renovation of existing farm houses — Maximum Rs 25 Lakhs with a minimum margin of 15%.
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Purpose
Loans for development plantation crops(Rubber, Tea, Coffee, Coconut, Arecanut, Pepper, Cardamom etc.), flowers in open and green houses (roses, carnation, chrysanthemums, jasmine etc.) and vegetable crops (potato, tomato, brinjal, gourds, peas etc.) of fruit orchards (mango, Guava, Grapes, etc.,) as well as short term fruit crops(banana, pineapple etc.).
Eligibility
All farmers having cultivable lands.
Loan Amount
Up to Rs. 50,000/- 100 % of the cost of the asset / project cost is provided as loan. For loans above Rs 50000/- 85 % of the cost of the asset / project is given as loan. Short term loans for meeting working capital under Kisan Credit Card scheme.
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Scheme for Financing Small Rubber Growers
Purpose
The Scheme aims at providing adequate and timely working capital to well run Rubber Producer's Societies (RPS) and Rubber Trading Companies (RTC) jointly promoted by the Rubber Producer's Societies and the Rubber Board, having their own processing and/or marketing facilities from the bank in a flexible, hassle free and cost effective manner. The scheme is designed to achieve financial independence of Small Rubber Growers, resulting in overall development and growth of Rubber Plantation Sector.
Eligibility
Well run Rubber Producer's Societies having their own processing and/or marketing facilities for the benefit of their members. Rubber Trading Companies jointly promoted by the Rubber Producers’ Societies and the Rubber Board are also eligible for need based working capital limits under the Scheme.
Loan Amount
Minimum Rs.25,000/- to Maximum Rs.50,0000/- (Higher amount can be considered based on the scale of operations of the society). Limit can be fixed taking into account the cash budget submitted by the society
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Purpose
Credit for creating irrigation facilities from underground / surface water sources. All structures and equipments connected with it are also financed. Scheme covers various activities like digging of new wells (open/bore wells), deepening of existing wells (traditional/bore well), energisation of wells (oil engine/electrical pump set), lying of pipe lines, installing drip/sprinkler irrigation system and lift irrigation system.
Eligibility
All farmers having a known source of water, which can be exploited for irrigation purpose.
Loan Amount
Up to Rs. 50,000/- 100 % of the cost of the asset / project
Above Rs. 50,000/- up to 85 % of the cost of the asset / project
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Purpose
Loans under this category is for various activities like land clearance (removal of bushes, trees, etc.), land leveling and shaping, contour /graded bunding, bench terracing for hilly areas, contour stone walls, staggered contour trenches , disposal drains, formation of roads, reclamation of saline/alkaline soils and fencing etc.
Eligibility
All farmers owning agricultural land.
Loan Amount
Upto 85 % of the cost of the asset / project.
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Purpose
To credit link SHGs directly or through medium of NGOs/ MFIs.
Eligibility
SHGs in existence for at least six months with a membership of 10 to 25 persons.
NGOs/ MFIs promoting SHGs having good track record.
Loan Amount
Any amount depending on the scale of activities taken up by the SHGs / SHG promoting agencies and thrift fund of the SHGs
Purpose
To set up Godowns, Warehouses, Cold Storages, Functional infrastructure for collection/assembling, drying, cleaning, grading, standardization, SPS (Sanitary & Phyto-sanitary) measures and quality certification, labeling, packaging, ripening chambers, retailing and wholesaling, value addition facilities Market user common facilities in the project area like shops/offices, platforms for loading/unloading/assembling and auctioning of the produce, parking sheds, internal roads, garbage disposal arrangements, boundary walls, drinking water, sanitation arrangements, weighing & mechanical handling equipments, Infrastructure for Direct marketing of agricultural commodities from producers to consumers/processing units/bulk buyers, Infrastructure for supply of production inputs and need based services to the farmers , Infrastructure (equipment, hardware, gadgets, etc) for E-trading, market intelligence, extension and market oriented production planning , Mobile infrastructure for post-harvest operations (excluding transport equipment) will be eligible for assistance under the scheme.
Eligibility
Individuals, Group of farmers / growers / consumers, Partnership / Proprietary firms, Non-Government Organizations (NGOs), Self Help Groups (SHGs), Companies, Corporations, Cooperatives, Cooperative Marketing Federations, Local Bodies, Agricultural Produce Market Committees and Marketing Boards in the entire country
Loan Amount
Up to 75% of cost of the Project.
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General Credit Card Scheme
Purpose
To provide hassle-free credit to customers from rural and semi-urban centres based on their cash flow without insistence on security, purpose or end-use of the credit. This is in the nature of overdraft with no end-use stipulations.
Eligibility
GCC can be extended only to individuals who are residents of rural and semi-urban areas and having legitimate source of income. No proof of income is required.
Loan Amount
Based on the assessment of income and cash flow of the entire household, subject to a ceiling of 40% of the annual income of the members of the household concerned, subject to a ceiling of Rs.25,000/-.
Source: http://www.federalbank.co.in |
