1. Agricultural Advances - Direct
2. Indirect loans to Agriculture
3. Micro, Small and Medium Enterprises
4. Solar Water Heating Systems
5. Retail Traders
6. Micro Credit
7. Housing Loans – Rural Housing
8. Advances To Weaker Sections
9. Advances To SC/ST
10. Produce Marketing Loan
11. Vijaya Kisan Card
12. Vijaya Krishi Vikas (VKV) Scheme
13. Assistance To Women In Non Farm Development (ARWIND)
14. Assistance For Marketing Of Non Farm Products Of Rural Women (MAHIMA)

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Direct loans to Agriculture and allied activities include loans to individual farmers or SHGs / JLGs of Farmers for the following purposes:

1. Short term loans for raising crops
2. Short term loans to traditional Plantation and Horticulture.
3. Pledge loans upto Rs. 10.00lakhs repayable in 12 mths irrespective of whether
4. farmers have availed crop loans or not.
5. Working capital and term loans for financing production and investment requirements for agriculture and allied activities.
6. Loans to small and marginal farmers for purchase of land for agricultural purposes.
7. loans to distressed farmers indebted to Non-Institutional lenders against appropriate collateral or group security.
8. loans granted for Pre-Harvest or Post- harvest activities such as spraying , weeding, harvesting, grading, sorting, processing and transporting undertaken by individuals , SHGs and Co-operative in rural areas.
9. Short term loans for allied activities such as dairying, Fishery, Piggery, Poultry, Bee Keeping etc.
10. Purchase of agricultural implements and machinery – Iron ploughs, harrows, hose, land - levelers, bund formers, hand tools, sprayers, dusters, hay-press, sugarcane crushers, thresher machines etc.
11. Purchase of farm Machinery - Tractors, trailers, power tillers, tractor accessories viz Disc ploughs etc.
12. Purchase of trucks, mini-trucks, jeeps, pick up vans, bullock carts and other transport equipments etc., for agricultural purpose i.e., transportation of farm inputs / outputs.
13. Purchase of plough animals
14. Construction of shallow and deep tube wells, tanks, etc.
15. Constructing, deepening, clearing of surface wells, boring of wells, electrification of well, purchase of oil engines and installation of pumpsets, etc.
16. Purchase and installation of turbine pumps, construction of field channel .etc.
17. Lift irrigation projects
18. Installation of sprinkler / drip  irrigation system (Micro Irrigation)
19. Purchase of generator sets for agricultural purpose
20. Bunding of farm lands, levelling of land, terracing of dry paddy lands into wet irrigable paddy lands, development of farm drainage, reclamation of soil lands and prevention of salinisation, reclamation of ravine lands, purchase bulldozers etc.
21. Construction of Bullock sheds, implement sheds, tractor and tractor sheds, vehicle sheds, farm stores etc.
22. Construction and running of warehouses, godowns, silos and cold storages.
23. Production and processing of hybrid seeds of crops
24. Development of dairying and animal husbandry in all its aspects
25. Development of Fisheries
26. Development of poultry, piggery, beekeeping / sheep, goat etc
27. Development of sericulture
28. Bio gas plants.

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1. Loans in excess of Rs.1.00 crore to Corporates, Partnership Firms & Institutions, two thirds portion over and above Rs.1.00 crore come under indirect agriculture
2. Loans to Food & Agro based processing units with investment cost on plant and machinery upto Rs.10.00 crore undertaken by those other than individuals, SHGs and Co-Operatives in rural areas
3. Credit for purchase & distribution of fertilizers, pesticides, seeds etc.
4. Credit upto Rs.40.00 lakhs for purchase &  distribution of inputs for teh allied activities such as cattle feed, poultry feed etc
5. Finance for hire purchase schemes for distribution of agricultural machinery and implements.
6. Loans for construction and running of storage facilities -warehouse, market yards, godowns, silos, and cold storages designed to store agriculture produce / products irrespective of the location.
7. Advances to custom service units managed by individuals institutions or organisations  who maintain a fleet of tractors, bulldozers, well boring equipment, threshers, combines etc. and undertake work for farmers on contract basis.
8. Finance for setting up of Agri Clinic and Agri Business Centers
9. Loans to farmers  through primary agricultural credit societies  (PACS), Farmers Service Societies (FSS), and Large Sized Adivasi Multipurpose Societies (LAMPS)
10. Loans to Co-operative Societies of farmers for disposing off the produce of members.
11. Financing farmers indirectly through the Co-operative system.
12. Loans upto Rs.30.00 lakhs for dealers in Drip irrigation / Sprinkler Irrigation / Agricultural Machinery irrespective of the location.
13. Loans to NBFCs for on lending to individual farmers or their SHGs public JLGs.
14. Loans granted to NGOs / MFIs for on lending to individual farmers of through SHGs / JLGs

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Salient features of lending to Micro, Small & Medium Enterprises (MSMEs): 

A) DIRECT FINANCE

The Bank is encouraging credit flow to Small and Medium  & Micro Enterprises. This consist of both manufacturing and service sectors.

1. Micro (Manufacturing) Enterprises

The Enterprises engaged in the manufacture, production, processing, preservation of goods and whose investment cost in Plant & machinery does not exceed Rs.25.00 lakhs *.

2. Small (Manufacturing) Enterprises

Are Enterprises engaged in the manufacture, production , processing, preservation of goods and whose investment cost in Plant & machinery does not exceed Rs.5.00 Crores *.

* original Cost excluding Land and Building and the items specified by the Ministry of Small Scale Industries vide their notification no. SO.1722(E) dated 05.10.2006

3. Micro (Service) Enterprises

Enterprises engaged in providing / rendering of services,  whose investment in equipment does not exceed Rs. 10.00 lakh **

4. Small (Service) Enterprises

Enterprises engaged in providing / rendering of services,  whose investment in equipment does not exceed Rs. 2.00 Crores **

** original Cost excluding Land and Building and furniture fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act.2006.

The Micro and Small Service Enterprises will include Small Road and Water Transport Operators, Small Business, Professional and Self-employed persons and all other service enterprises as per the above definition. Advances rendered to units in teh KVI Sector will also come under Micro & Small Enterprises.

5. Medium (Manufacturing) Enterprises

Are Enterprises engaged in the manufacture, production , processing, preservation of goods and whose investment cost in Plant & machinery is above Rs.5.00 Crores & up to Rs.10.00 crore *

* original Cost excluding Land and Building and the items specified by the Ministry of Small Scale Industries vide their notification no. SO.1722(E) dated 05.10.2006

6. Medium (Service) Enterprises

Enterprises engaged in providing / rendering of services,  whose investent in equipment is above Rs. 2.00 Crores and upto Rs.5.00 crore **

** original Cost excluding Land and Building and furniture fittings and other items not directly related to the service rendered or as may be notified under the MSMED Act.2006.

Loans to Micro and Small Enterprises will come under Priority Sector, whereas loans to Medium Enterprises will come under Non-Priority Sector

B) INDIRECT FINANCE

1. Persons involved in assisting the decentralised sector in the supply of inputs to and marketing of outputs of artisans, village and cottage industries.

2. Advances to co-operatives of producers in teh decentralised sector viz. artisans, village and cottage industries.

3. Loans granted by Banks to NBFCs for onlending to Small and Micro Enterprises.

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Purpose

For financing Solar Water Heating Systems

Area of implementation

 To be implemented in all the States and Union Territories in the country

Eligible borrowers

Domestic users, Institutional users and Commercial / Industrial users Quantum of loan-85% of the cost of solar water heating systems

Margin

15% of the cost of solar water heating systems

Lending Rate of the Bank

10.75% p.a.

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Retail traders dealing in essential commodities (Fair Price shops)  consumer co-operative stores.

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Loans of very small amount not exceeding Rs.50,000.00 per borrower provided either directly of indirectly through SHGs / JLG mechanisum or to NBFC / MFIs for onlending upto Rs. 50,000.00 per borrower.

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• Construction of dwelling unit per family.
• Loans for repairs to damaged dwelling units upto Rs. 1.00 lakh in rural & Semi Urban areas and upto Rs.2.00 lakh in Urban & Metropolitan areas.
• Assistance given to any Governmental agencies for construction of dewelling units or for slum clearence and rehabilitation of slum dewellers, subject ot a ceiling of Rs.5.00 lakh of loan per dewelling unit.
• Assistance given to a Non-Governmental agency approved by NHB for the purpose of re-finance for construction / reconstruction of dewlling units or for slum clearence and rehabliation of slum dewellers subject to a ceiling of Rs.5.00 lakh per dewelling unit

Weaker section under priority sector shall include the following

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Advances to State sponsored organisations for SC/ST for purchase and supply of inputs and /or the marketing of the output of the beneficiaries of these organisation.

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To Farmers to avoid distress sale of agricultural produce - Loans upto Rs.10 lakh granted to farmers, repayable in 12 months against hypothecation/pledge of agricultural produce including Warehouse receipt.

11. Vijaya Kisan Card

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The scheme envisages meeting the entire crop production requirement of the Farmers including credit for post harvest /working capital requirements of allied Activities etc.

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Objectives

To provide a simple, comprehensive and flexible credit package to farmers

To meet entire agricultural credit requirements such as crop production, investment credit, including consumption credit through single loan product.

Eligibility

All farmers, such as owner / tenant cultivators and share croppers are eligible

Farmers cultivating on authorized leased lands are also eligible

Should not be a defaulter to any financial institution

Assessment of crop loan / short term limits

Crop loan limits based on scale of finance and area under cultivation

Consumption / household expenses, post harvest and miscellaneous agricultural expenditure considered

Working capital requirement for dairy and poultry for one month’s feed cost met

Total limits as mentioned above is the operational limit

20% contingency is added on to the operational limit to fix the overall card limit

Overall card limit is meant to avoid repetitive documentation and to take care of increase in scale of finance in future.

Validity

Validity of the card is five years subject to annual review.

13. Assistance To Women In Non Farm Development (ARWIND)

The scheme of Assistance to Rural Women in Non-Farm Development is being introduced mainly to support economic activities in non-Farm sector on a cluster/group basis by rural women. The scheme has two components via

1. Credit component
2. Promotional component

Under component (1) a voluntary agency having minimum 3 years of proven track record in assisting women’s groups, women’s development corporation set up by the central/State governments, KVIC/KVIBs or any institutions under the KVIC/KVIB fold, any other registered institution including cooperatives, trusts and corporations set up by central/State governments for the purpose may evolve a scheme to organise rural women’s groups for undertaking any productive activity in the non-farm sector and assist them in setting up their own units and /or provide such other backward/forward linkages including training as are considered necessary for improving viability of individual/group enterprises.

The loan assistance under the scheme to the individuals, should not normally exceed Rs.50000/- per borrower or say Rs.10 lakhs for a group activity involving 20 rural women. However the actual loan amount will have to be need based and to be decided by the sponsoring agency or merits in consultation with the borrowers/financing bank depending on the nature of activity/unit to be set up.

Eligible activities :

All types of manufacturing, servicing, processing activities excluding those that are not socially desirable such as breweries producing intoxicants etc are eligible. However tiny and decentralised units with project cost not exceeding Rs.15 lakh will be preferred as satellite units and mother unit concept, in the interest of larger employment generation.

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14, Assistance For Marketing Of Non Farm Products Of Rural Women (MAHIMA)

The scheme envisages in providing loan and also assistance in grant to the Registered Voluntary Agencies (VA), Non-Governmental Organisations (NGOs) and other promotional organisations engaged in marketing the products of rural women.

The salient features of the above scheme are as under :

Eligibility :

The Vas\NGOs and other promotional organisations including co-operatives, federations of marketing organisations engaged in the business of marketing of women’s products are eligible to be covered under the scheme. The organisations should have been working for at least 3 years with proven track record and experience in production /marketing of rural products and should satisfy the norms of the financing banks and NABARD prescribed from time to time.

Eligible activities :

1. Organising rural women to enhance their bargaining strength vis a vis market forces.
2. Support for forward and backward linkage.
3. Provision of integrated marketing services including survey, purchase, sale, publicity, production cum sale, construction of sheds, stalls, counters, racks etc, design support, packaging branding/labelling, weighting and grading , testing, and other equipments etc.

Common marketing activities such as common storage facilities, freezers, labelling, packaging etc.

Quantum of grant / Assistance :

The quantum of assistance by way of promotional grant would normally be restricted to Rs.5000/- per women entrepreneur to be covered by the agency concerned or up to 25% of the minimum sales turnover of Rs.10 lakh envisaged to be achieved within 3 years, whichever is lower. In other words would mean that the promotional grant assistance would normally be limited to Rs.2.50 lakh per agency, in case the agency is able to cover a minimum of 50 women individually or in groups, with a turnover of Rs.10 lakhs in order to make it operationally viable, at least, over a period of 3 years.

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For more Details:
http://vijayabank.com/vijaya/vijaya/internet-en/menus/agriculture.h