About this agriculture scheme
The scheme provides loans to farmers for sericulture activities in irrigated areas, with a loan amount ranging from Rs. 49,000/- to Rs. 79,000/- per acre, and interest rates from 11% to 12.75%.
The "Primary Cooperative Agriculture and Rural Development Bank: For Sericulture In Irrigated Area" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to support farmers involved in sericulture within irrigated areas by offering loans ranging from Rs. 49,000/- to Rs. 79,000/- per acre. The interest rate varies between 11% to 12.75% (subject to change).
Benefits at a glance
| Scheme name | Primary Cooperative Agriculture and Rural Development Bank: For Sericulture In Irrigated Area (PCARDSIA) |
|---|---|
| Launched by | Co-operation, Food and Consumer Protection Department |
| Benefit type | Cash (money paid to your bank account) |
| Category | Agriculture |
| 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: Loan amount between Rs. 49,000/-to Rs. 79,000/- per acre.
- Interest Rate: 11% to 12.75% (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 sericulture activities within irrigated areas.
- The beneficiary should be interested in availing loan for sericulture activities.
- The beneficiary should have the intention to use the loan specifically for sericulture activities.
Who is not eligible
<br>
Papers to keep ready
0/4 documents ready
Tap a document to mark it as ready. Progress is saved on this device.
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 provides loans to farmers for sericulture activities in irrigated areas, with a loan amount ranging from Rs. 49,000/- to Rs. 79,000/- per acre, and interest rates from 11% to 12.75%.
What is the loan amount offered under this scheme?
The loan amount ranges from Rs. 49,000/- to Rs. 79,000/- per acre.
What is the interest rate on the loan?
The interest rate varies between 11% and 12.75%, subject to change.
Who is eligible for this loan?
Farmers involved in sericulture within irrigated areas are eligible.
What documents are required to apply?
Documents required include proof of identity, land ownership, proof of sericulture activity etc.
Is there any age or income limit for applicants?
No, there are no specified age or income limits.
How can one apply for this loan?
Applications can be submitted at the nearest Primary Cooperative Agriculture and Rural Development Bank branch.
Can this loan be used for non-sericulture purposes?
No, the loan is specifically meant for sericulture in irrigated areas.
Is the interest rate fixed?
The interest rate is subject to change and may vary from 11% to 12.75%.
Are there any additional charges or fees?
Any applicable fees (if applicable) will be communicated by the bank at the time of application.
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.
Explore more
