The scheme provides security to the farmers against distress sales soon after harvest when the prices of the commodities tend to be low.

Eligibility:

Loans can be sanctioned to all farmers. Both loanee and Non- loanee farmers can be financed. Loanee Farmers who have availed crop production loans from the Bank, which should not be overdue.

Eligible crops to be covered:

• Paddy
• Ground nut, Rape seed/Mustard
• Bengal Gram (Chana), Arhar/tur
• Turmeric
• Dry Chillies
• Maize
• Millets (Jowar/Ragi/Bajra)
• Yam
• Green gram, Black gram
• Jaggery

Loan amount:

75% of the value of the produce at a overnment announced procurement prices subject to a maximum of Rs.5.00 lakh.

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