A. Kisan Credit Card Canara Bank is the pioneer in ... - Efresh India

A. Kisan Credit Card
Canara Bank is the pioneer in implementing Credit Card Scheme for farmers.
Purpose
Eligibility
For meeting the cultivation needs of farmers and other short term requirements
including those of subsidiary / allied activities and consumption needs.
Individual farmers / joint borrowers / partnership firms/ private & public Ltd.
companies who are owner cultivators / engaged in allied / subsidiary activities.
Farmers who are cultivating authorized leased lands are also eligible. The
farmer should not be a defaulter of any Financial Institution.
B. Loans for Agri clinics / Agri business Centres
For Strengthening Transfer of Technology and Extension Services in field of Agriculture
Purpose
Eligibility
Limit
For providing expert services and advice to farmers on cropping practices,
technology dissemination, crop protection from pests and diseases, market
trends and prices of various crops in the market, clinical services for animal
health.
Graduates in Agriculture / Horticulture / Animal Husbandry / Forestry / Dairy /
Veterinary / Poultry Farming / Pisciculture-Individuals / Joint / Firms / limited
companies.
For individuals
: Rs.10 lacs
For groups / partnership firms : Rs.50 lacs
C. Minor Irrigation / Pumpset Loans
Purpose
Eligibility
For purchase of electrical motors, oil engines, submersible irrigation pumpsets,
for energisation of agricultural pumpsets, pipelines including installation
charges, installing generator sets, solar pumpsets, installation of drip ./ sprinkler
irrigation systems, fertilizer mixers.
Owner cultivators with minimum 2 acres of land. Loans can be considered for
less than 2 acres area provided, viability of the project is ensured.
D. Farm Machinery Loans
For Strengthening Transfer of Technology and Extension Services in field of Agriculture

Purpose
Eligibility
For purchase of tractors, power tillers, trailers, combine harvester, grain
threshers, sprayers, dusters, ploughs, drills, mechanical weeders or any other
modern agricultural machinery.
Farmers who satisfy the Bank's norms.
E. Farm Development Loans
Purpose
Eligibility
For digging / deepening of wells, construction of tanks, ponds, drilling of bore
wells, soil and water conservation watershed development bundling land
reclamation, leveling of land, terracing, conversion of dry land into wet,
irrigable lands, fencing, construction of farm houses and other allied activities.
Farmer should be owner of the land
F. Vehicle Loan for Agriculturists
Purpose
Eligibility
For purchase of brand new vehicles such as bicycles, mopeds, two wheeler /
three wheeler carriages, jeeps, vans and other light motor vehicles for
supervising agricultural operation / management of farm / estate and for
transportation of agricultural produce / inputs, vehicles may also be considered.
Purchase of heavy vehicles such as lorries for big farmers owning at least 15
acres of perennially irrigated land.
Agriculurist cultivating his own land or engaged in allied activities such as
dairy, poultry, sericulture, fish farming, etc.
G. Loan for Plantation Crops
Purpose
Eligibility
For establishment of estates, clearing of jungle, conversion of barren land into
cultivable land, purchase of planting material, rejuvenation / replanting.
Owners of the land who have experience / knowledge in the proposed activity.
H. Loan for Marine Fisheries
Marine Fisheries
Inland Fisheries
Purchase / construction of mechanized fishing vessels, fishing equipments,
working capital requirement for voyages
Construction / deepening / widening / desilting of ponds, purchase of

fingerlings, equipments, manures, feeds and labour inputs.
Eligibility
Well experienced fish farmers with suitable land, professional fishermen
I. Loan for Sericulture
Purpose
Eligibility
Margin
For cultivation of mulberry, rearing of silk worms, construction of rearing
house, purchase of rearing equipments / wire mesh / disease free layings (DFL).
License / permission from Sericulture Department for rearing silkworms in the
area, wherever required.
Technical assistance from Sericulture Department or any other organization
dealing with sericulture development should be available on continuous basis.
For limits upto Rs.50,000/- : Nil
For limits above Rs.50,000/- : 15-25%
J. Loans for Poultry and Duck rearing
Purpose
Eligibility
For establishing / improving layer / broiler farms and hatcheries including
purchase of chicks, feeds, medicines, equipments, feed mixing plants,
construction of poultry sheds, also for rearing Ducks / Turkeys / Qualis.
Person having experience / knowledge in poultry.
K. Produce Loan
Purpose
Eligibility
Maximum
Limit
Repayment
To keep the produce in an approved godown or warehouse or in farmers’
residence enabling them to sell the produce for a better price of a later date.
1. Farmers who have availed Crop Loan /KCC.
2. Farmers who have not availed Crop Loan /KCC.
Rs.10 lacs per party
Within 12 months from the date of grant
L. Loan for Cold Storage and Rural Godown
Purpose
1. For creation of scientific storage capacity with allied facilities to store farm
produce, processed farm produce and agricultural inputs.

2. Promotion of grading, standardization and quality control of agricultural
produce prevention of distress sale, strengthen agriculture marketing
infrastructure.
Eligibility
Individuals / farmers, group of farmers / growers, partnership / proprietary
firms, NGO’s SHG’s, Companies, Corporations, Co-operatives, Agro-
Processing Co-operative Societies., Agricultural Produce Marketing
Committees, Marketing Board and Agro Processing Corporations, Grower’s
Associations.
M. Drip / Sprinkler Irrigation Loans
Purpose
Eligibility
For purchase of drippers, pressure regulators, filters, pipes, accessories,
fertilizer mixers and pumpsets. Construction of overhead tanks and
installation of sprinkler irrigation units. Purchase of water saving devices /
modern irrigation equipments.
Owners of land. Tenant cultivators can also be considered.
N. Dairy Loan and Raising Crossbreed Heirs
Purpose
Eligibility
1. For construction of cattle shed, purchase of high yielding milch
cattle, dairy equipments, cattle feed, cultivation of green fodder,
transportation of animal, setting of on-farm processing and
pasteurization plants.
2. Purchase / rearing of cross breed heifers.
1. Farmer should have experience / knowledge in maintaining dairy
animals
Eligibility
2. Veterinary facilities readily and easily available.
3. Should be cultivating or having arrangements for supply of green
fodder.
4. Availability of technical assistance / guidance artificial insemination
facilities.

O. Loans for Construction of Farm Structures
Purpose
Eligibility
Construction of farm structures including storage rooms / godowns / sheds
for livestock and farm machinery.
Farmer shall be the owner of the land. Should be economic land holdings
having sufficient surplus income from agriculture to repay the loan.
P. Kisan Suvidha
Purpose
Eligibility
• For meeting the comprehensive credit needs of farmers.
• Working capital requirements: for crop cultivation expenses,
working capital requirements for allied activities, maintenance of
farm machinery/ equipments, non-farm sector activities and
consumption needs.
• Term loans requirements like purchase of agricultural implements,
land development, purchase of bullocks and carts, purchase of farm
machinery, minor irrigation.
Agriculturists can avail finance for working capital requirements either
under KCCS (Kisan credit Card Scheme) or under Kisan Suvidha scheme
and not under both the schemes.
Q. Canara Kisan OD
Purpose
Eligibility
To provide a hassle-free overdraft facility for working capital expenses of
agriculturists to be incurred for allied activities, repairs and replacements of
farm machinery, working capital requirements or/and for non-farm sector
activities and consumption needs, subject to ceiling for each type of
expense.
The account can also be operated by ATM card (if facility is available in the
branch) or cheque leaves.
Agriculturists having satisfactory repayment record for the past 1 year.
The Scheme is operational only in select branches of the Bank.
R. General Credit Card Scheme (GCCS)
Objective
• General Credit Card Scheme has been introduced as an important
measure in the area of Financial Inclusion.
• To provide hassle free credit to Rural and Semi-urban households

without insistence on security, purpose or end use of the credit.
Purpose
Eligibility Norms
Loan Quantum
Margin
Tenability
Security
• Loan can be sanctioned for any general purpose including that of
consumption.
• All Rural / Semi-urban households are eligible irrespective of their
activity, whether agricultural or non agricultural and income level.
• Loan quantum shall be 50 % of the net annual income of the entire
household.
• Maximum of Rs. 25000/-.
• No margin shall be insisted
Limit extended is of overdraft nature tenable for three years
No security is insisted. No co-obligation / third party guarantee
S. Krishi Mitra Card Scheme
Objective
Purpose
Loan Quantum
Tenability
Security
• To provide easy credit to Individual Tenant Farmers, Oral Lessees,
Share Croppers and farmers cultivating lands without proper records.
• Cultivation of Crops
• Maintenance of animals and farm machinery
• Repairs and replacements of machineries
• Replacement of animals
• Maximum of Rs. 50,000/- subject to Scale of Finance and a
maximum of 50% of the value of the produce.
Extended either as an operative limit with a tenability of 3 years (subject to
annual review) or as a single transaction limit, repayable in 5 years in
quarterly / half yearly / yearly installments.
Hypothecation of Crops.
T. Financing Joint Liability Groups of Tenant Farmers
Objective
Purpose
Loan Quantum
General Credit Card Scheme has been introduced as an important measure
in the area of Financial Inclusion.
Cultivation of Crops based on the details of the crops raised by the JLG
members
Maximum of Rs. 50,000/- per farmer and Rs. 5,00,000/- per group.

Repayment
Linked to marketing of crops - not to exceed 12 months for short duration
crops and 18 months for long duration crops.
U. Kisan Tatkal (only in select states)
Objective
Purpose
Loan Quantum
Repayment
Security
To provide credit for meeting the post harvest expenses of the farmers who
have availed KCCS Loans
To meet the expenditure towards storing, processing, treatment of food
grains, godown charges, etc
• Minimum of Rs. 1,000/-
• Maximum of Rs. 50,000/- but not to exceed 50% of KCCS Limit /
25% of annual income
In 3-5 years in half yearly / annual installments.
Collateral of Securities extended to KCCS Loans.
V. Scheme for Redemption of Debts of Farmers from Non-Institutional Sources
Objective
To provide relief to farmers and remove the debt burden from noninstitutional
sources.
Purpose To prepay the debts availed by the farmer from non institutional sources
Loan Quantum Maximum of Rs. 50,000/- subject to 150% of the Gross Annual Income
Repayment Within 5 years – in quarterly / half yearly / yearly installments.
Security Mortgage of Property, if the cumulative loans exceed Rs. 1,00,000/-
W. Gold Loans for Agricultural Purposes
Objective
Purpose
Loan Quantum
Repayment
Security
To provide loans to farmers for various agricultural purposes against the
pledge of gold Jewelleries
To meet all farm requirement of the farmers
Maximum of Rs. 3,00,000/- subject to 80% of the appraised value or per
gram limit specified from time to time.
Within 12 months
Pledge fo gold Jewelleries

Our Other Loan Products:
The schemes mentioned above are only illustrative and not exhaustive. We have other loan
products also to supplement the farmers' income. The important ones are:
Tissue Culture
Floriculture
Mushroom Cultivation
Aquaculture
Export oriented
agriculture
Seed production and
processing
Lift Irrigation Projects
Piggery, Rabbit Rearing, Bee Keeping, Bullock Cart Loans, Sheep,
Goat Rearing
Bio Gas plants
Dealers of distribution of fertilizers, pesticides, seeds etc.
Custom service units for maintaining fleet of tractors, Bulldozers,
well boring equipments.
Loans for Farm Forestry, Bio-diesel Plants, Tree Borne Oil Seeds,
etc.
General information(Not Exhaustive)
1. Proposed activity should be technically feasible and economically viable.
2. The quantum of loan depends on scale of finance / accepted project cost.
3. Rate of interest as applicable from time to time will be charged.
4. Margin money of 15-25% has to be brought by the applicant depending on the quantum of
loan.
5. Wherever subsidy is available it will be treated as margin.
6. Generally for loans above Rs. 1,00,000, mortgage of landed property is to be provided as
security, subject to certain deviations as permitted under bank policy.
7. Notified crops will be covered under Rashtriya Krishi Bima Yojana Scheme.
8. Insurance in respect of assets created to be obtained as per norms of bank.
9. Lien should be noted at RTO/Port authorities / MPEDA wherever applicable.
10. Loan Applications will be disposed of as per time norms of the bank.

Documents to be produced by the applicant:
1. Certified copies of records in respect of lands owned / leased.
2. NOC / No Due Certificate from other financial institutions wherever applicable.
3. Two passport size photographs.
4. Documents of title and other relevant documents, wherever landed properties are taken as
security.
5. Plan and estimate in respect of construction / drilling / deepening of wells, proforma
invoice / quotations in case of machines, vehicle, etc.
6. Valuation certificate of the land from a competent authority / panel valuer wherever
applicable.
7. Other documents related to specific schemes.
For all the Above Schemes Conditions Apply.
The information provided above are only illustrative and not exhaustive. For more details, please
contact your nearest Canara Bank Branch or mail to pcwing@canbank.co.in