PCARDB Tractor Scheme

Primary Cooperative Agriculture and Rural Development Bank - For Tractor Purchase

T

State

States / UT: Tamil Nadu

Department: Co-operation, Food and Consumer Protection Department

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

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Target beneficiaries: Farmers

Tags: Agriculture, Farmers, Tractors, Loans, Grants, Co-operation, Rural Development, Financial Assistance

Details

The scheme provides loans for the purchase of tractors, covering up to 90% of the cost. The interest rate for the loan ranges from 11% to 12.25%, subject to change. It is aimed at supporting farmers in acquiring necessary agricultural equipment.

Purpose for which loan can be obtained : Tractor Purchase
Maximum amount of loan : 90% of the cost of the tractor
Rate of interest (Subject to change): 11% to 12.25%

Sponsored by: State
Funding pattern: Purpose for which loan can be obtained : Tractor Purchase
Maximum amount of loan : 90% of the cost of the tractor
Rate of interest (Subject to change): 11% to 12.25%
Scheme type: na

Benefits

  • - Grants for tractor purchase
  • Loan covering 90% of the tractor cost
  • Competitive interest rates (11% to 12.25%)
  • Grants for tractor purchase
  • Loan covering 90% of the tractor cost
  • Competitive interest rates (11% to 12.25%)

Eligibility

Farmers can apply for this scheme to obtain loans for purchasing tractors.

Application Process

Offline

To avail the scheme, contact the Secretary or Special Officer of the Department of Co-operation, Food and Consumer Protection.

References

Apply

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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