About this banking scheme
The scheme offers a horticulture loan to support farmers with funds ranging from Rs. 25,000/- to Rs. 2,00,000/- per 0.4 hectare at an interest rate of 11%-12.75%.
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 Rs. 25,000/- to Rs. 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 at a glance
| Scheme name | Primary Cooperative Agriculture and Rural Development Bank: For Horticulture (PCAARDFH) |
|---|---|
| Launched by | Co-operation, Food and Consumer Protection Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | State · Tamil Nadu |
| Official portal | tn.gov.in (link at the end of this page) |
Key facts
| Scheme for | Individual |
|---|---|
| Application mode | Offline |
| Last date | Not given in the official listing |
| DBT (direct bank transfer) | No |
| Age | 18 to 55 years |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18 to 55 years
- 📝Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- 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).
Who qualifies
- 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.
Papers to keep ready
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Registration walkthrough
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).
Frequently asked questions
What is the objective of this scheme?
The scheme offers a horticulture loan to support farmers with funds ranging from Rs. 25,000/- to Rs. 2,00,000/- per 0.4 hectare at an interest rate of 11%-12.75%.
Who is eligible for this loan?
Farmers residing in Tamil Nadu and engaged in horticultural activities are eligible for this loan.
What is the minimum loan amount available?
The minimum loan amount under this scheme is Rs. 25,000/-.
What is the maximum loan amount offered?
The maximum loan amount is Rs. 2,00,000/- per 0.4 hectare.
What is the interest rate on this loan?
The interest rate ranges from 11% to 12.75%, subject to change.
Can the interest rate vary?
Yes, the interest rate may change based on market conditions.
How can one apply for this loan?
The interested applicant should collect the application form by contacting the Secretary/ Special Officer of the Primary Cooperative Agriculture and Rural Development Bank.
Is there an age limit for applicants?
The scheme does not specify an age limit for applicants.
Are there any income requirements for eligibility?
There are no specific income requirements mentioned for this scheme.
Is there a processing fee?
Applicants should consult the bank for any applicable processing fees.
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
The details on this page are from the official listing and have not been rewritten or reviewed by our team yet. Confirm them on the official portal before applying.
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