Primary Cooperative Agriculture and Rural Development Bank: Jewel Loans
The scheme offers jewel loans to farmers, enabling them to access up to ₹2,00,000/- at an interest rate of 11.5% for agricultural purposes.
What you get
Access to Loan: Up to ₹2,00,000/- based on the value of the pledged jewels. Interest Rate: 11.5% (subject to change). <br>
Who can apply
- The beneficiary should be a resident of Tamil Nadu.
- The beneficiary should be a farmer.
- The beneficiary should be engaged in agricultural activities.
How to apply
Offline
Step-1: The interested applicant should collect the application form by contacting the Secretary/ Special Officer of the Primary Cooperative Agriculture and Rural Development Bank. Step-2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required). Step-3: Submit the duly filled and signed application form along with the documents to the concerned authority. Step-4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, a unique identification number (if applicable).
Details
The "Primary Cooperative Agriculture and Rural Development Bank: Jewel Loans" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial assistance to farmers through jewel loans. The loan amount can be up to ₹2,00,000/-, with an interest rate of 11.5% (subject to change).