About this banking scheme
The scheme offers loans to farmers for minor irrigation projects, aiming to enhance water access for agriculture. Loan amounts range from Rs. 65,000/- to Rs. 1,20,000/- at an interest rate of 11% to 11.75%.
The "Primary Cooperative Agriculture and Rural Development Bank: For Minor Irrigation" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial assistance to farmers through loans intended for minor irrigation projects. It helps improve water availability for agriculture, enhancing crop productivity and supporting sustainable rural development.
Benefits at a glance
| Scheme name | Primary Cooperative Agriculture and Rural Development Bank: For Minor Irrigation (PCARDMI) |
|---|---|
| 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
- 💼Farmer
- 📝Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Access to Loan: Rs. 65,000/- to Rs. 1,20,000/-.
- Interest Rate: 11% to 11.75% (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 agriculture
- The beneficiary should be in need of support for minor irrigation.
- The beneficiary should be interested in availing of the loan for Minor Irrigation.
- The beneficiary should have the intention to use the loan specifically for Minor Irrigation.
Who is not eligible
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Registration walkthrough
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, a unique identification number (if applicable).
Frequently asked questions
What is the objective of this scheme?
The scheme offers loans to farmers for minor irrigation projects, aiming to enhance water access for agriculture. Loan amounts range from Rs. 65,000/- to Rs. 1,20,000/- at an interest rate of 11% to 11.75%.
What is the minimum amount of loan available?
The minimum loan amount available under this scheme is Rs. 65,000/-.
What is the maximum loan amount?
Farmers can avail of a loan amount up to Rs. 1,20,000/-.
What are the interest rates for the loan?
The interest rate ranges from 11% to 11.75%, subject to change based on prevailing rates.
Is there a specific income requirement to qualify?
No, there is no specific income criterion required for this loan.
What documents are required to apply?
Required documents include proof of identity, proof of land ownership or lease, address proof etc.
How can an applicant apply for the loan?
Farmers can apply by visiting the Secretary or Special Officer at the Primary Cooperative Agriculture and Rural Development Bank and submitting the necessary documents.
Who can the applicant contact for further assistance?
The applicant can contact the Secretary or Special Officer at the bank for any assistance with the application process.
Can farmers from all communities apply?
The official listing gives no last date, so check the official portal for the current status before applying.
Is the loan’s interest rate fixed or adjustable?
The interest rate is fixed but may change based on market conditions.
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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