Agriculture Loan

The Agriculture Loan guideline was approved by the 14th Kashag on 3rd March, 2014 with an aim to empower the farmers and encourage them towards practicing sustainable farming thereby utilizing the land leased by the gracious Government of India for agriculture. It also encourages the farmers to practice cooperative farming, farm mechanization, irrigation, ago-forestry and horticulture, dairy farming and commercial crop cultivation.

Since, most farmers in the settlements have a single monsoon crop that gives them an income only in the months of September-October. This income is also uncertain because currently the yield from these crops is highly dependent on rainfall, which can be very erratic. One way to reduce this uncertainty in yields is to invest timely, in good quality farm inputs such as seeds, farm implements, manure etc. But for that the farmer needs financial, especially working capital, support all year round. Hence, access to credit, at affordable rates, assumes a lot of significance in the farmers’ lives.

The Agriculture Division provides two types of Agriculture loan:

  1. With minimal interest at 3%: The loan amount supports the farmers with purchase of Farm machineries, irrigation equipment, ago-forestry and horticulture plantation, dairy farming and commercial crop cultivation. The loan repayment period varies from one to three years depending on the loanee’s repayment ability.
  2. Without interest loan is ten months and when farmer needs financial, especially working capital, support all year round, this loan serves the purpose. Most of the settlements have access to credit for agricultural purposes but it is mostly limited to credit for farm inputs from cooperative society. Credit facility for other agriculture related operations such as dairy farming, irrigation devices, fencing etc. to adopt new farming models and to start new farm-based allied activities.
Please visit DOWNLAODS for the Loan Application and Forms.

Different types of Agriculture Loans provided:

:. Tractor Loan .:
Settle-
ments
Tractors Farmers Acres Loan Amount
2014 2016 2017 2018 2019 2020 Total 2014 2016 2017 2018 2019 2020 Total 2014 2016 2017 2018 2019 2020 Total 2014 2016 2017 2018 2019 2020 Total
Odisha 2 1 3 6 1 7 395 200 595 1,260,000 630,000 1,890,000
Miao 1 1 3 5 3 3 9 15 15 30 24 69 500,000 400,000 1,500,000 2,400,000
Mainpat 2 1 3 2 8 6 3 6 2 17 154.5 102 155 82 493 1,260,000 630,000 1,860,000 1,260,000 5,010,000
Mainpat 1 1 1 1 0 630,000 630,000
Kollegal 2 2 1 1 0 1,260,000 1,260,000
Bhandara 1 1 3 3 49 49 630,000 630,000
Tuting 1 1 3 3 0 630,000 630,000
Delar 2 2 6 6 75 75 1,000,000 1,000,000
Mundgod 1 1 1 1 7.5 7.5 500,000 500,000
TOTAL 9 2 6 3 1 3 24 20 6 15 3 3 7 54 613.5 132 179 282 0 82.5 1,289 5,540,000 1,030,000 3,360,000 1,890.000 630,000 1,500.000 13,950.000
:: Low Interest Loan ::
Settlements Farmers (Yearwise) Cultivated Acres Loan Amount
2014 2015 2016 2017 2018 2019 2020 Total 2014 2015 2016 2017 2018 2019 2020 Total 2014 2015 2016 2017 2018 2019 2020 Total
Delar 1 3 4 15 6 23 17 17.82 17.5 25 89 77.32 200,000 397,000 500,000 1,200,000 1,440,000 3,737,000
Kollegal 2 13 12 3 1 6 1 38 28 1379 131 65 8 1538 310,000 2,600,000 2,400,000 600,000 200,000 1,000,000 100,000 7,210,000
Miao 1 8 9 8 11 4 4 45 2 17.5 25 15.5 22 9 17 60 100,000 800,000 1,100,000 800,000 1,200,000 600,000 800,000 5,400,000
Mainpat 2 2 2 71.4 51 122.4 300,000 400,000 700,000
Ravangla 1 1 0 100,000 100,000
Hunsur 5 1 7 1 18 10 42 26.45 14.5 14.5 5 77.23 45.86 55.45 1,000,000 200,000 950,000 200,000 3,376,000 1,950,000 7,676,000
Mundgod 14 5 3 4 12 4 44 108.4 21 18 64.4 13 129.4 1,450,000 500,000 300,000 500,000 1,500,000 400,000 4,650,000
Bhutan 2 2 0 1,000,000 1,000,000
Lugsam 18 2 4 8 32 15 28 43 1,798,000 300,000 600,000 1,500,00 4,198,000
Odisha 6 6 76 76 900,000 900,000
Kamrao 2 2 300,000 300,000
Tengang 1 1 200,000 200,000
Total 5 43 59 38 19 44 36 244 47 1,549.17 356.4 55 45 230.63 251.86 2,535.06 710,000 6,247,000 8,698,000 4,150,000 2,400,000 7,076,000 5,290,000 34,571,000
:: Interest Free Loan ::
Settle-
ments
Farmers Acres Loan Amount
2014 2015 2016 2017 2018 2019 2020 2021 Total 2014 2015 2016 2017 2018 2019 2020 2021 Total 2014 2015 2016 2017 2018 2019 2020 2021 Total
Odisha 25 13 21 29 15 18 20 17 158 1,218.96 859.2 925 1,207 707 913 1,009 930 7,769.16 1,855,000 1,210,000 2,784,000 3,352,000 2,121,000 1,537,000 1,704,000 1,457,000 16,020,000
Mundgod 2 2 18 14 15 13 13 7 84 35.12 45.31 231.62 212 256 243 290.5 143.8 1457.35 50,000 75,000 696,000 627,000 704,000 709,000 853,480 431,100 4,145,580
Mainpat 23 15 20 23 29 25 26 23 184 932.9 761 1156.6 1344 1148 1073.6 1185 1000 8601.1 1,635,000 1,245,000 1,800,000 2,015,000 2,772,800 2,163,000 2,187,200 2,037,600 15,855,600
Kollegal 23 31 29 38 43 83 137 91 475 359.3 534.17 532 638.2 497.65 988 1803 1074.3 6426.62 545,000 870,000 890,000 1,898,160 1,851,600 2,906,270 4,625,600 3,471,150 17,057,780
D’shala 1 1 0.5 0.5 50,000 50,000
Hunsur 19 12 31 224.35 1522.1 1746.45 703,590 444,700 1,148,290
Delar 4 3 8 15 133 98 128 359 399,000 241,000 465,280 1,105,280
Lugsam 1 2 3 14 47 61 42,000 141,000 183,000
Bhandra 1 1 2 51.7 52 103.7 90,000 90,000 180,000
Total 75 62 88 104 102 143 219 160 953 2,598.48 2,251.68 2,845.22 3,401.2 2,608.65 3,350.6 4,623.85 4,845.2 26,524.88 2,590,000 2,245,000 4,370,000 5,877,160 4,676,600 5,551,270 8,169,670 6,410,230 39,889,930

 

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