Primary Cooperative Agriculture and Rural Development Bank: For Plantation (Tea)

The "Primary Cooperative Agriculture and Rural Development Bank: For Plantation (Tea)" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial support to farmers for tea plantations. Under this scheme, eligible farmers can obtain a loan of up to ₹33,000/- per acre, with interest rates ranging from 11% to 12.5%. This initiative aims to empower farmers and promote sustainable tea farming practices.

• Access to Loan: ₹33,000/- per acre. - Interest Rate: 11% to 11.5% (subject to change).

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

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, and a unique identification number (if applicable).