PCAARDFH

Primary Cooperative Agriculture and Rural Development Bank: For Horticulture

The scheme offers a horticulture loan to support farmers with funds ranging from ₹25,000/- to ₹2,00,000/- per 0.4 hectare at an interest rate of 11%-12.75%.

State Cash

States / UT: Tamil Nadu

Nodal department: Co-operation, Food and Consumer Protection Department

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Categories: Banking,Financial Services and Insurance

Sub-categories: Loan

Target beneficiaries: Individual

Tags: Horticulture Loan, Farmer, Financial Assistance

Details

The "Primary Cooperative Agriculture and Rural Development Bank: For Horticulture" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial support to farmers through loans for horticulture purposes. The loan amount varies from ₹25,000/- to ₹2,00,000/- per 0.4 hectare, helping farmers expand or improve their horticultural activities. Interest rates range from 11% to 12.75%, subject to market conditions.

Benefits

  • - Access to Loan: From Rs.25,000/- to 2,00,000/- per 0.4 hectare. - Interest Rate: From 11% to 12.5%, (subject to change)
  • Access to Loan: From Rs.25,000/- to 2,00,000/- per 0.4 hectare. - Interest Rate: From 11% to 12.5%, (subject to change).

Eligibility

  • The beneficiary should be a resident of Tamil Nadu.
  • The beneficiary should be a farmer.
  • The beneficiary should be engaged in horticultural activities.
  • The beneficiary should be interested in availing loan for horticultural activities.
  • The beneficiary should have the intention to use the loan specifically for horticultural activities.

Application Process

Offline

Step 1: The interested applicant should collect the application form by contacting the Secretary/ Special Officer 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).

Documents Required

No document list is available for this scheme yet.

References

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status