1) Farm Sector Loans

Classified into 3 categories based on the income generation of the project proposed :

1. Scheme loans with repayment period upto 5 years: Concessional Rate of Interest – 6%
2. Scheme loans with repayment period above 5 years and upto 9 years : Interest rate – 9.6%
3. Scheme loans with repayment period above 9 years : Interest Rate: 9.9%

Sl no.	Name of scheme	Total Financial Outlay	Purposes	Repayment Period	Grace period	Borrowers’ Margin		Loan eligibility/Valuation norms
1	Normal lending (Ordinary Loan)	Rs.3.0 lakhs	All agrl.purposes	5 to 10 yrs	Nil	Nil		50% of land value or 8 times post development net income.
2	Farm sector  scheme	Rs.1 crore	All agrl.purposes (LD, MI, FM, P&H, Floriculture, Medicinal plants, AH, Fisheries /ornamental fisheries, Bio-gas, Apiary, Agrl. Machinery /processing equipments, Godowns etc.)	3 to 15 yrs	Up to 7 yrs depending on purpose	5-15%		50% of land value or 8 times post development net income.
3	Agrl. Land purchase scheme (Under ARF(FS) )	Rs. 1 crore	Purchase of agricultural land	Up to 12 yrs	Up to 24 months.	20%		80% of land value where additional security is offered or 60% of land value where no additional security is offered.
4	Homestead farming ( Under ARF(FS) )	Rs. 5.0 lakhs	All agrl. purposes	3 – 10 yrs	Nil	Nil		50% land value
5	Agri-clinic and agri-business  centers	Rs. 20.0 lakhs	To create self-employment opportunities to unemployed agricultural graduates and to provide expert advice and services to farmers.	5-10 years	2 years	Up to 5 lakhs –Nil Above 5 lakhs- 10-15%.		50% of land value
6	Two-wheelers (Under ARF (FS)) New vehicles only.	85% of total cost.	To agriculturists for cost effective transportation.	2-5 yrs	Nil	15%		100% of land value + hypothecation of vehicle.
7	Joint Liability Group loan	Rs. 50,000 per person	All purposes except housing.	3 yrs to 5 yrs	Nil	Nil		100% land value