What you get
Under the scheme, an interest-free loan of up to ₹1.00 lakh is provided for agricultural activities, up to ₹3.00 lakh for non-agricultural activities (such as animal husbandry, dairy, poultry, fisheries, cultivation of herbs, aromatic plants, spices, mushrooms, floriculture, horticulture, agricultural processing, farm mechanization, organic farming, off-season vegetable cultivation, poly-house farming, etc.), and up to ₹5.00 lakh for self-help groups (SHGs).
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Can more than one member of a family apply for the loan?
No. Only one member per family is eligible to avail of the benefits under this scheme.
Who is eligible to apply under this scheme?
General, small, and marginal farmers, farmers living below the poverty line (BPL), their family members, and self-help groups (SHGs) are eligible, provided they are members of a cooperative society or hold a savings account in the District Cooperative Bank.
What is the loan amount available under the scheme?
- Up to ₹1.00 lakh for agricultural activities. | - Up to ₹3.00 lakh for non-agricultural activities (e.g., animal husbandry, poultry, fisheries, horticulture, etc.). | - Up to ₹5.00 lakh for self-help groups (SHGs).
What activities are covered under non-agricultural work?
Non-agricultural activities include animal husbandry, dairy, poultry, fisheries, cultivation of herbs, aromatic plants, spices, mushrooms, floriculture, horticulture, organic farming, agricultural processing, mechanization, poly-house farming, and off-season vegetable production.
What is the definition of a small and marginal farmer under the scheme?
- Small Farmer: Owns up to 5 acres of unirrigated land or up to 2.5 acres of irrigated land. | - Marginal Farmer: Owns up to 2.5 acres of unirrigated land or up to 1.25 acres of irrigated land.
Are there any income limits prescribed under the scheme?
No. Currently, there is no income limit prescribed for farmers to avail of the scheme’s benefits.
Are defaulters of cooperative societies eligible for this loan?
No. Defaulters of any cooperative institution are not eligible for benefits under this scheme.
Who is responsible for selecting the beneficiaries?
A Block-Level Committee reviews all applications and selects eligible beneficiaries. The committee then approves and forwards the cases for loan disbursement under the scheme.