Composite Cash Credit Scheme

Objectives: 

a) To enable the farmer to undertake improved practices of crop production with Bank’s credit assistance and increase farm production and productivity. 

b) To provide the farmer an opportunity to earn a fair return on seasonal investment in the farm on the one hand and to meet a part of the domestic requirements of the family during storage period till better prices prevail in the market, on the other. 

c) To provide the farmer a fully liquid savings module by allowing to earn interest on credit balances in the composite cash credit account when he is cash rich.

Eligibility: 

a) Individual farmers, registered partnership firms, companies, registered farming co-operative societies owning agricultural land, registered tenants / share croppers with recorded rights are eligible for availing crop finance. 

b) Only farmers engaged in production of crops and produce suitable for storage in the cold storage / warehouse godown / regulated market yard are eligible for finance against storage receipts. 

c) The farmers who have availed of crop loans from the Bank for raising the concerned crop in that season are eligible for finance under produce marketing loan scheme. 

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