Production-Crop-Loans

The Bank is providing Seasonal Agricultural Operations (SAO) loans to the farmers through the PACS under the following programmes subject to individual maximum borrowing power as under::

  • S.A.O. (Normal crop loans)
  • Oil Seeds Production Programme (OPP)
  • Development of Tribal Population (DTP)

The Bank is advancing various crop loans viz., paddy, maize, ground nut, chilies, cotton, turmeric etc., to Kisan Credit Card holders/Members of PACS upto Rs.50,000/- charging interest @ 7.00% p.a., upto due date and thereafter 11.75 % as per the applicable scale of finance fixed by the Dist.Level Technical Group Committee from time to time.

SCALE OF FINANCE:

The TECHNICAL GROUP COMMITTEE in its meeting held on
22.10.2013 has gone through various aspects viz., cost of cultivation, inputs, fertilizers and Agro-climatic conditions prevailing in the districts and recommended the following crop-wise scales of finance for Kharif and Rabi 2014-15.

The Krishna District Cooperative Central Bank Ltd., Machilipatnam


Scales of Finance approved by DLTC Krishna for 2019-2020 and recommended to SLTC

S.No Name of the Crop Scalce of Finance Seasonality for Disbursement Repayment duration (from date of Disb.)
Khariff Rabi
1 Paddy 36000 37000 Through out the year 12 months
2 Paddy [Srivarsagu] 30000 30000 Through out the year 12 months
3 SugarCane [Plant/Ratoon] 70000 55000 Through out the year 12 months
4 Groundnut 21000 22000 Through out the year 12 months
5 Cotton Seed BT 99000 Through out the year 12 months
6 Cotton BT 45000 Through out the year 12 months
7 Chillies [Dry/Irrigated] 66000 75000 Through out the year 12 months
8 Sunflower 16000 Through out the year 12 months
9 Tobacco [Natu] 31000 Through out the year 12 months
10 Tobacco[Varginia] 39000 Through out the year 12 months
11 Pulses 14000 16000 Through out the year 12 months
12 Jower, other Millets 15000 16000 Through out the year 12 months
13 Gingelly & other oil seeds 7500 8500 Through out the year 12 months
14 Maize 32000 36000 Through out the year 12 months
15 Maize seed 34000 41000 Through out the year 12 months
16 Fish Feed
300000
Through out the year 12 months
17 Pangasius Fish
430000
Through out the year 12 months
18 Prawn 1st crop
100000
Through out the year 12 months
19 Prawn 2nd crop
80000
Through out the year 12 months
20 Vanami Prawn [[email protected]/crop for 2crops]
700000
Through out the year 12 months
21 Mulberry & Silkworm [email protected] 5crops/yr
100000
Through out the year 12 months
22 Oil Palm
60000
Through out the year 12 months
23 Mango
30000
Through out the year 12 months
24 Guava
45000
Through out the year 12 months
25 Sapota
20000
Through out the year 12 months
26 Banana[Kurpura]
50000
Through out the year 12 months
27 Banana[Tissue Culture]
75000
Through out the year 12 months
28 Citrus
24000
Through out the year 12 months
29 Coconut
30000
Through out the year 12 months
30 Cashew Nut
13000
Through out the year 12 months
31 Turmeric
100000
Through out the year 12 months
32 Betelvine
60000
Through out the year 12 months
33 Onion
20000
Through out the year 12 months
34 Coriander
15000
Through out the year 12 months
35 Tomato Hybrid
42000
Through out the year 12 months
36 Tomato Local
20000
Through out the year 12 months
37 Cabbage
38000
Through out the year 12 months
38 Cauliflower
36000
Through out the year 12 months
39 Elephant Foot Yam
110000
Through out the year 12 months
40 Pappaya
68000
Through out the year 12 months
41 Ladies Finger
20000
Through out the year 12 months
42 Jasmine
60000
Through out the year 12 months