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Scheme for financing JLGs


To meet the Pre-harvest, Post-harvest credit requirement and finance against pledge of agricultural produce of JLGs of farmers


Joint Liability Groups of Small and Marginal Farmers, Tenant Farmers, Oral Lessees, Share Croppers and Individuals taking up farm activities.

Nature of facility

Term Loan/CC/Demand Loan, depending upon the purpose.


For individual member of the group – Maximum Rs1.00 lakh.

For JLG as a group – Based on the available cultivable area of each member of the JLG and the activity undertaken, maximum Rs5.00 lakh per group.


On loans uptoRs1.60 Lakh  : Nil

On loans above Rs1.60 Lakh : 10%


Primary - Hypothecation of crops and assets created out of bank's finance.
Collateral -  No collateral for limit uptoRs One lac.

For limits above Rs1 lakh, charge on agricultural land.

Interest Rate

Above Rs3.00 lakh


MCLR + 1.35%
MCLR + 2.50%


Processing Charges

* Upto Rs 3 Lakh/- : Nil

* Above Rs 3 Lakh/- : @0.30 %  

Upfront Fee

Upto Rs 3 Lakh/- : NIL

Above Rs 3 Lakh/ - : 50% of 1.25% (i.e. 0.625%) 


Depending upon duration of crop and realization of sale proceeds.