POST HARVEST PROFILE OF POTATO - Agmarknet

8.2 Institutional Credit Facilities :Agricultural credit is disbursed in the form of short term, medium term, long termloans through multi agency network consisting of –‣ Commercial Banks (CBs)‣ Regional Rural Banks (RRBs)‣ Co-operativesThe types of institutional credit facilities which are available for marketing / postharvest operations of agro commodities including potato are given as below.Table No. 20Types of Credit FacilitiesName of scheme Eligibility Facility1. 2. 3.ProduceMarketing LoanSchemeKishan CreditCard SchemeCrop LoanAgriculturalTerm LoansAll the categories of farmersi.e., small / marginal / othersare eligible.All types of agriculturalclients having good trackrecord for last two years areeligible.All categories of farmers i.e,Small / Marginal and othersare eligibleAll categories of farmersand agricultural labourersare eligible for this loanprovided they shouldpossess the necessaryexperience in this activity.This type of loan is given upto 1lakh against pledge/hypothecation of agriculturalproduce (including warehousereceipts) for a period notexceeding 6 months.Kissan credit card is valid for 3years through which thebarrower / farmer can meet hisproduction and othercontingency needs by usingeasy convenient withdrawalslips. The minimum credit limitis Rs.3000/- and based onoperational land holding,cropping pattern and scale offinance.Provides financial assistance tomeet cultivation expenditure forvarious crops including potato.It is provided to the activitiesi.e., land development, minorirrigation, farm mechanization,horticulture, dairying, etc.61