Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller

The "Primary Cooperative Agriculture and Rural Development Bank: Power Tiller" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial assistance to farmers for purchasing a power tiller, with up to 90% of the cost covered through a loan. This initiative aims to support agricultural productivity by making essential farming equipment more accessible. The interest rate on the loan ranges from 11% to 12.25%.

• Access to Loan: Up to 90% of the cost of a power tiller. - Interest Rate: 11% to 12.25% (subject to change).

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

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).