Central GovernmentVerified

Primary Cooperative Agriculture and Rural Development Bank: For Power Tiller

The scheme offers loans to farmers covering up to 90% of the cost of a power tiller, with an interest rate between 11% and 12.25%.

Last verifiedToday

About This Scheme

The "Primary Cooperative Agriculture and Rural Development Bank: Power Tiller" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial assistance to farmers for purchasing a power tiller, with up to 90% of the cost covered through a loan. This initiative aims to support agricultural productivity by making essential farming equipment more accessible. The interest rate on the loan ranges from 11% to 12.25%.

Benefits

Access to Loan: Up to 90% of the cost of a power tiller. - Interest Rate: 11% to 12.25% (subject to change).

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Identity proof (Aadhaar, PAN card, etc.).
  • Address proof.
  • Proof of Farming (if required).
  • Any other documents (if required).

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level
Central Government