PCARDBPT

Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller

5.8/10

Farmers in Tamil Nadu can access financial support through loans that cover up to 90% of the cost of a power tiller, an essential piece of farming equipment. The interest rates for these loans range from 11% to 12.25%, which may vary based on bank policies. To be eligible, applicants must be residents of Tamil Nadu and actively engaged in agricultural activities. The loan is specifically intended for purchasing a power tiller, thereby enhancing agricultural productivity. Interested individuals must apply in person at a Primary Cooperative Agriculture and Rural Development Bank branch, providing necessary documentation such as proof of identity, address, and farming activities. The repayment terms will be communicated upon loan approval, ensuring that farmers can effectively manage their finances while investing in vital farming tools.

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: Power Tiller, Loan, Farmer, Agriculture And Rural Development Bank, Farming Equipment

Details

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%.

Benefits

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

How useful is this scheme?

Public benefit analysis

A practical look at this scheme for citizens

AI-generated insights showing how useful, accessible, and practical this scheme may be — combining deterministic scoring rules with a public-policy LLM analyst.

5.8
/ 10
Public Benefit Score
Accessibility 6.0/10 Moderate
Rural usefulness 7.0/10 Good
Application complexity 5.0/10 Moderate
Financial impact 6.0/10 Moderate
Literacy barrier 2.0/10 Good
Women inclusivity 5.0/10 Moderate
Awareness 4.5/10 Moderate
Implementation reliability 7.0/10 Good
Bigger shape means a better fit for citizens
  • Accessibility6.0
  • Financial impact6.0
  • Rural utility7.0
  • Awareness4.5
  • Simplicity5.0
  • Inclusivity5.0

What problem does this scheme solve?

The scheme provides significant financial support to farmers in Tamil Nadu for purchasing power tillers, enhancing agricultural productivity.

Key challenges addressed

  • Access to affordable farming equipment
  • Financial support for farmers

Most beneficial for

  • Farmers in Tamil Nadu
  • Individuals engaged in agriculture

Likely challenges

  • Complex application process
  • Limited awareness among potential beneficiaries

Practical insights for citizens

Practical for farmers who can navigate the application process

Rural challenges

  • Limited access to banks
  • Awareness of the scheme

Implementation bottlenecks

  • In-person application requirement

Awareness challenges

  • Low awareness among farmers

Application analysis

Application mode
Offline office
Documents burden
Moderate, requires identity and farming proof
Verification complexity
Moderate, involves document checks
Office dependency
High, requires in-person application
DBT dependency
None
CSC support
Limited
Estimated citizen effort
Moderate, requires multiple steps

Estimated beneficiary reach

  • Rural / urban reach High
  • Gender reach Moderate
  • Occupation reach Agricultural workers

Benefit analysis

Benefit type
Cash
Benefit frequency
One-time loan
Benefit practicality
High, as it covers a significant portion of equipment cost
Financial meaningfulness
High, as it reduces financial burden on farmers
Long-term impact
Positive, as it enhances agricultural productivity

Plain-language guidance

Farmers in Tamil Nadu can get loans to buy power tillers, covering up to 90% of the cost. The application process is offline and requires some documents.

Who should apply
Farmers in Tamil Nadu looking to purchase a power tiller.
Who may struggle
Semi-literate individuals and those unfamiliar with the application process.
Best application route
Apply in person at a Primary Cooperative Agriculture and Rural Development Bank branch.

This intelligence section is generated by an AI policy analyst combined with rule-based scoring. Scores and narrative are estimates derived from the publicly available scheme information shown on this page; actual experience may vary by state, district, and department. Always confirm details on the official portal before you apply.

Application Process

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).

Clarifications

Additional points from the scheme information published on myScheme (not legal advice).

What is the objective of this scheme?

The scheme offers loans to farmers covering up to 90% of the cost of a power tiller, with an interest rate between 11% and 12.25%.

Who is eligible for this scheme?

Farmers engaged in agricultural activities are eligible for this loan.

What is the purpose of this loan?

The loan is intended specifically for purchasing a power tiller to assist in farming activities.

What percentage of the power tiller’s cost is covered by the loan?

The loan covers up to 90% of the cost of a power tiller.

What is the interest rate on this loan?

The interest rate on the loan ranges from 11% to 12.25%.

Is the interest rate fixed or subject to change?

The interest rate is subject to change, depending on bank policies.

What documents are required to apply for the loan?

Required documents include proof of identity, proof of address, proof of farming etc.

Is there an age limit for eligibility under this scheme?

There is no specific age limit mentioned for eligibility.

Can applicants apply for this loan online?

Currently, applications must be submitted in person at a Primary Cooperative Agriculture and Rural Development Bank branch.

What is the repayment period for the loan?

The bank will specify the repayment period upon loan approval.

References

Guidelines
https://www.tn.gov.in/scheme_details.php?id=ODU5

Apply

Apply now

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Frequently asked questions

What is the purpose of Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller is a government welfare initiative designed to support Individual, Individual through benefits related to Banking,Financial Services and Insurance, financial assistance, subsidies, social welfare, healthcare, education, or livelihood support.
Who can apply for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Eligibility for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller may depend on factors such as income category, age, gender, occupation, state of residence, social category, and government-defined beneficiary criteria.
What benefits are offered under Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Benefits under Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller may include financial assistance, subsidies, scholarships, insurance support, healthcare benefits, pension support, training assistance, or welfare services depending on the scheme guidelines.
Which department manages Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller is managed by Co-operation, Food and Consumer Protection Department and may be implemented through district offices, online portals, CSC centres, banks, or authorised government agencies.
Can users apply online for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Yes, eligible applicants may be able to apply online for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller through official government portals, authorised service centres, or digital application systems depending on the implementation process.
Is Aadhaar mandatory for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Many government schemes may require Aadhaar verification, identity proof, or linked bank account details for beneficiary validation and direct benefit transfer processing.
Where can users apply for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Applications for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller may be submitted through government departments, official scheme portals, CSC centres, district offices, welfare departments, or authorised service centres.
What documents may be required for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Applicants may need Aadhaar card, income certificate, residence proof, bank account details, caste certificate, photographs, educational records, or occupation-related documents depending on scheme eligibility requirements.
Is income certificate required for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Income certificate requirements may vary depending on beneficiary category, subsidy eligibility, and financial assistance criteria defined under Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller.
Is Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller available in all states?
No, Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller is primarily available for eligible residents of Tamil Nadu and may be implemented through state government departments and local administrative offices.
Can residents outside Tamil Nadu apply for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Eligibility for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller is generally limited to residents of Tamil Nadu unless otherwise specified in the official scheme guidelines.
Can small and marginal farmers apply for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Eligible small and marginal farmers may apply for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller subject to land ownership records, income eligibility, and agricultural beneficiary criteria.
Does Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller provide subsidy support for farmers?
Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller may provide agricultural subsidies, financial assistance, crop support, irrigation benefits, insurance coverage, or farming-related welfare assistance depending on the scheme structure.
Does Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller provide healthcare or insurance support?
Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller may provide healthcare assistance, insurance coverage, cashless treatment support, medical reimbursement, or hospital-related benefits depending on the scheme structure.
Can beneficiaries use Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller at government hospitals?
Eligible beneficiaries may be able to access services at empanelled hospitals, government healthcare facilities, or authorised healthcare providers depending on scheme participation rules.
Can CSC centres help users apply for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Many government schemes may be accessible through nearby CSC centres, authorised digital service centres, or welfare facilitation offices.
How can users check the latest updates for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Users should verify official notifications, department announcements, application deadlines, and eligibility updates through authorised government portals or implementing agencies.
Can beneficiaries track application status for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller?
Certain schemes may provide online application tracking, beneficiary verification systems, or status-check facilities through official portals.
Where can users get help for Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller in Tamil Nadu?
Users in Tamil Nadu may seek assistance through CSC centres, district welfare offices, government departments, agriculture offices, social welfare departments, or authorised facilitation centres.
Which nearby public services may help with Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller applications?
Depending on the scheme, users may require support from Aadhaar centres, CSC centres, banks, hospitals, post offices, or government welfare offices for document verification and application assistance.