KISAN TATKAL SCHEME

1. What is the purpose of this scheme?

Providing instant credit to existing KCC Holders for meeting emergency requirement for agricultural purposes.

2. Who are the eligible for applying the loan under this scheme?

Only existing KCC holders are eligible, Sound track record of at least two years is a pre requisite. Loan can be applied either individual or in groups (not exceeding 4 farmers)

3. What is the Type of Facility?

Loan sanctioned as single transaction term loan

4. What is the quantum of loan under this scheme?

Minimum : Rs.1000 /-  and Maximum is 50% of KCC limit or 25% of Annual Income or Rs.50,000/- whichever is less

5. What are security requirements for loan under this scheme?

Existing security (ies) obtained for KCC should continue

6. What is the Repayment period for this loan?

Loan is to be repaid in 3 years either in half yearly or annual instalments. The Kisan Tatkal loan is to be cleared in full while enhancing KCC limit subsequently.