Cent Kisan Sathi

Purpose

* To help indebted farmers to redeem their outstanding dues of Money lenders, Pawn Brokers, Fertilizer and farm input Dealers, Middleman etc.

Eligibility

* Farmers who are indebted to Non-institutional lenders

Nature of facility

* Term Loan.

Quantum of Limit

*Maximum of Rs 1.00 Lakh

Rate of Interest

MCLR+1.35%

Processing Charges

Upto 25,000/- -NIL

Above Rs25000/-Rs120/-

Documentation Charges

* NIL

Period of loan

* 5 years

Security

* Tangible security if any, pledge with the moneylenders
* Hypothecation of Crops.
* Mortgage of land.