Agriculture loans

• Telangana Completes Final Phase of Rs 5,644 Crore Crop Loan Waiver

  The Congress government initiated the process of waiving loans up to Rs two lakh in three phases starting July 8, fulfilling its election promise.…

• Telangana to Implement Rs. 1 Lakh Farm Loan Waiver Starting July 18

  Telangana Chief Minister Revanth Reddy announced a farm loan waiver up to Rs. 2 lakh starting July 18, 2024, aimed at relieving financial burdens for eligible farmers.…

• Are Online Loans a Viable Solution for Your Emergency Expenses?

  Discover if online loans are the right choice for covering your unexpected financial needs. Learn about the benefits and considerations in this comprehensive guide.…

• Rajasthan Govt to Provide Interest-Free Crop Loans Worth Rs 22,000 Crore in 2023-24

  Over 28% of the state's Gross State Domestic Product (GSDP) comes from agriculture and related industries.…

• Citi & JICA Join Forces to Provide Agriculture-Focused Loan to IndusInd Bank

  Citi and the Japan International Cooperation Agency (JICA) have announced a co-financing loan to IndusInd Bank in order to boost farmer financial access and accelerate capital investment in India's agricultural sector.…

• Goa Introduces Bill to Restrict Non-Agriculturist Land Ownership & Promote Cooperative Farming

  The Goa Assembly has introduced a new bill that restricts the transfer of agricultural land to non-agriculturists. The Goa Restriction on Transfer of Agricultural Land Bill, 2023 aims to promote cooperative farming societies, industries, and non-agriculturalists who are interested in pursuing farming.…

• Andhra Pradesh: Centre Extends Interest-Free Crop Loan to Tobacco Growers

  The loan is anticipated to aid Virginia tobacco growers to overcome the damage brought on by post-Mandous cyclone rains.…

• Over 1 Lakh Farmers to Receive Agricultural Loans, 3 Lakh to Join Cooperatives

  While addressing managing directors of Central Cooperative Banks at Apex Bank Auditorium in Jaipur on Monday, Principal secretary (cooperatives) Shreya Guha stated that by March 2023, 1.29 lakh new farmers will receive crop loans totaling Rs 233 crore, and 3.71 lakh new farmers will join…

• RBI Approves New Interest Subvention Rates on KCC Crop Loans for FY23, FY24

  Subvention is a government grant of money. Interest subvention is when the government pays the interest on a loan. The government provides interest subsidies primarily on home, crop, and education loans.…

• Lac Cultivation: Chhattisgarh Government to Provide Loans & Free Training to Farmers

  The Chhattisgarh government is taking special initiatives to increase lac cultivation in the state.…

• Andhra Pradesh Becomes the Top State in Providing Agricultural Loans to Farmers

  According to a report, Andhra Pradesh has become the top state in providing loans given to farmers for agricultural purposes.…

• 16% of Agricultural Loan Turns Non-Performing Assets, says CIBIL Report

  According to a TransUnion CIBIL analysis, around 16% of the agricultural loan has become non-performing assets (NPAs), and public sector banks account for 70% of farm credit.…

• Cabinet Approves Interest Subvention of 1.5% on Short-Term Agriculture Loans

  The rise in interest subvention support, according to the Centre, requires an additional budgetary provision of 34,856 crores for the years 2022–2023 to 2024–2025.…

• Farmers Who Return Crop Loans on Time will Get Rs 50,000 as Incentive: Eknath Shinde

  Eknath Shinde, the chief minister of Maharashtra, gave the administration instructions on Tuesday to expand the incentive scheme for farmers who have not missed payments on their crop loans.…

• Farmers Demand Prompt Release Of Their Crop Loan

  Even 22 days after water from the Vaigai dam was released to irrigate the double-crop area, farmers were still being denied crop loans by some cooperative societies.…

• Why Farmers in Maharashtra are Turning to Private Money Lenders for Loans?

  Closure of markets, covid-led lockdowns, and unseasonal rainfalls have increased farmers' dependence on moneylenders.…

• Arya.ag Launches Instant Loans For Farmers with No Cumulative Interests

  Arya.ag announced the launch of Instant loans for farmers against their stored agriculture commodity.…

• Get Agricultural/Farm Loan of Rs 1.60 Lakh Without Guarantee; Complete Process Inside

  Due to lack of money, farmers are not able to buy quality seeds, fertilizers or machines for cultivation.…

• Collector, S Venkat Rao Urges Bank  to Extend Agri Loans to Farmers

  The Collector held a conference with bankers, MPDOs and Tahsildars on Friday to review the loans sanctioned to farmers during the current financial year.…

• Supreme Court Approves TN Government’s Loan Waiver Scheme for Small Farmers

  The Supreme Court on Tuesday ruled that a government programme designed to help socially and economically disadvantaged people cannot be considered dubious just because it was based on an election pledge.…

• Spocto’s Kisan Pay BOT reduces farm loan NPAs and eases collections

  Spocto Solutions Pvt Ltd, a collectech start-up & 1st to introduce contactless collections for banks and NBFCs in India covering all kinds of loans, enters the agricultural sector with its Kisan Pay BOT, a one stop solution for the banks and farmers, where banks do…

• Bank Of Baroda Launches Centralized Agri Loans Processing (CAMP) Units

  During an era when agri loans are becoming a necessity for farmers in India especially after a period of economic and literal lockdown bank of baroda’s decision to launch centralized agri loan processing units across 16 different zones is a very attractive offer to any…

• AHIDF: Govt offering loans to Livestock Farmers, Application Process Inside

  Atma Nirbhar Bharat Abhiyan stimulus package mentioned about setting up of Rs. 15000 crore animal husbandry infrastructure development fund (AHIDF). The animal husbandry infrastructure development (AHIDF) has been approved for incentivizing investments by individual entrepreneurs, private companies, farmers producers organizations (FPOs) and Section 8 companies…

• Apply for Agriculture Loans at PNB in 5 Easy Steps

  Punjab National Bank, one of the most reputed banks of the country, is also providing agriculture loan to the farmers. If you are a farmer looking for loans then you can take advantage of this. Let us discuss how one can apply for this loan-…

• Tamil Nadu to Disburse Rs 11500 crore Loans to farmers

  Tamil Nadu Cooperative Minister I Periyasamy on Wednesday stated that the federal government has set a goal of disbursing Rs 11,500 crore loans to farmers through cooperative banks this fiscal year.…

• Telangana Government Transfers Rs 275.31 Crore in Farmers' Accounts

  As part of the continuing waiver of agricultural debts up to Rs 50,000, the State government transferred Rs 275.31 crore into the accounts of 94,695 farmers on Monday…

• Telangana Government Starts Waiver of Loans of Six Lakh Farmers

  Telangana state Government has started the second phase of waiving off the loans from 16th August and the whole process is expected to be finished by 30th August 2021.…

• No Plans to Waive Farm Loans, says Centre

  Minister of State for Finance told in Lok Sabha that there is no proposal under consideration to waive off the loans of farmers including Scheduled Castes and Scheduled Tribe Farmers in the country.…

• Telangana Government Waives Crop Loans Upto Rs 50,000

  Crop debts up to Rs 50,000 were waived by the Telangana government, benefiting nearly six lakh farmers across the state. Farmers will receive the funds between August 15 and August 31.…

• SBI Festival Loan: Get Rs. 50000 Instantly; Direct Link to Apply Inside

  As the festival season is approaching, you must be thinking about how to manage the expenses...Let me tell you that there are many banks including SBI that offers festival loans at low-interest rate.…

• Sheep Farming Business In India: How to Get Financial Assistance

  Sheep Farming is very profitable due to its utility for wool, meat, milk, skins & manure and provides lucrative income options to the rural people.…

• Good News! Punjab Government Announces Loan Waiver worth Rs 590 crore for Landless Farmers & Labourers

  As per promises made by the Congress government during the 2017 elections, the Punjab CM has announced the waiver of Rs 590 crore worth of loans of approx 2.5 Lakh members of primary agricultural Cooperative societies (PACS), hence ensuring a relief of Rs 20000 per…

• 30 lakh farmers will receive crop loans worth Rs 20,810 crore in 2021-22

  S T Somashekar, Karnataka's Minister for Cooperation, announced on Monday that over 30 lakh farmers in the state will receive Rs 20,810 crore in crop credit loans this year.…

• Mahindra Finance: Get Easy Tractor Loan and Agriculture Equipment Finance; Complete Details Inside

  For enhanced crop productivity, farmers need smart tools, machines and equipment. However, many farmers are not able to buy these machines or equipment due to lack of money. To help such farmers, banks and financial institutions offer agriculture loans that include loans to buy tractors…

• Tamil Nadu Government Launches Crop Loan Waiver Scheme; Handed over Certificates to 9 Farmers

  On Saturday, Chief Minister K Palaniswami handed certificates to nine farmers in Chennai, marking the launch of the 12,110 crore crop loan waiver scheme for more than 16 lakh ryots in Tamil Nadu.…

• Tamil Nadu CM Announces 12,110 Crore Farm Loan Waiver for 16 Lakh Farmers

  Chennai, Tamil Nadu: Chief Minister Edapadi K Palaniswami has announced a major decision to waive Rs. 12,110 crore farm loans from cooperative banks to relieve the farmers of the state ahead of the upcoming Assembly election in the state.…

• Goat Bank to Fight Agri Distress in Maharashtra; a Boon for Farmers

  You must have heard of banks, piggy banks, blood banks. But Goat bank, ever heard of it? This is the story of Sangavi Mohadi village of Akola district of Maharashtra. Here a farmer has launched the “Goat Bank of Karkheda”.…

• SBI General Insurance Runs Awareness Drive for Farmers in 50 Villages

  SBI General Insurance recently conducted insurance awareness programs for farmers in 50 villages across the country, including Rajasthan, Gujrat, Tamil Nadu, and Odisha, in an attempt to make farmers aware of their financial rights. The goal of this drive was to educate farmers on the…

• Get Agricultural Loan worth Rs 1.60 lakh without Any Guarantee through This Government Scheme

  India is currently under lockdown due to growing cases of COVID-19 or coronavirus across the country. The lockdown is not only affecting common people but farmers are also facing many problems due to it. At the time of rabi harvesting they are not getting farm…

• Kisan Suvidha Loan: Check Features, Benefits, Loan Amount, Interest Rate and Method to Apply

  Farmers need loans for various purposes like buying new land or purchasing/modernizing farm machinery, building grain storage sheds, constructing irrigation channels or any other farm activity. In India, there are many government as well as private banks that offer agriculture loans to the farmers. One…

• Best Agriculture Loans in India with Latest Interest Rates and Charges

  A number of banks and private lenders in India offer agriculture loans or farm loans that start at an interest of just 8.70 percent per annum. The processing fees for these loans can be as low as 0 percent and can go up to around…