To provide hassle free Short Term Crop loan to farmers at a very low interest.


1)    All farmers- Individuals/ Joint Cultivators

2)    Tenant farmers, Oral lessess and Share croppers etc.

3)    SHG & Joint Liability Group

Quantum of Loan     

Quantum of loan for 1st year will be assessed on the basis of Cost of cultivation, post-harvest expenses and farm maintenance cost. For subsequent 5 year loan will be sanction on the basis of increase in scale of finance

Collateral Security

Collateral security is waived for KCC limit upto Rs.1 lac.

Collateral security in the form of Agriculture Land for KCC limit above Rs. 1 lac.

Rate of Interest

Interest @ 5% p.a. will be charged for one year or upto the repayment due date, whichever is earlier. In case of non-repayment within the due dates interest is applied at card rate. Beyond due date interest will be compounded half yearly.

Interest Subvention

Govt of India & Govt of Odisha is giving 2% interest subvention each for loans up to Rs. 3.00 Lakh.

Govt of odisha is providing additional interest subvention of 1%over and above the 2% subvention for loans up to Rs.50,000/-

Govt of India is providing 3% additional Interest subvention to prompt repaying farmers.


The repayment period may be fixed as per the anticipated harvesting and marketing period for the crops for which a loan has been granted.

Latest News

  • RFP for Renewal of Insurance Policies for the year FY 2024- 2025
  • Rate of Interest - Loans ?

    Rate of Interest - Deposits ?


    06652 357264