Primary Cooperative Agriculture and Rural Development Bank: Jewel Loans
The scheme offers jewel loans to farmers, enabling them to access up to ₹2,00,000/- at an interest rate of 11.5% for agricultural purposes.
About This Scheme
The “Primary Cooperative Agriculture and Rural Development Bank: Jewel Loans” scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial assistance to farmers through jewel loans. The loan amount can be up to ₹2,00,000/-, with an interest rate of 11.5% (subject to change).
Benefits
Access to Loan: Up to ₹2,00,000/- based on the value of the pledged jewels.
Interest Rate: 11.5% (subject to change).
Eligibility Criteria
The beneficiary should be a resident of Tamil Nadu.
The beneficiary should be a farmer.
The beneficiary should be engaged in agricultural activities.
Application Process
Apply Offline
Step-1: The interested applicant should collect the application form by contacting the Secretary/ Special Officer of the Primary Cooperative Agriculture and Rural Development Bank.
Step-2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step-3: Submit the duly filled and signed application form along with the documents to the concerned authority.
Step-4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, a unique identification number (if applicable).
Official Source: View on myScheme.gov.in
Benefits
Access to Loan: Up to ₹2,00,000/- based on the value of the pledged jewels.
Interest Rate: 11.5% (subject to change).
Application Process
Apply Offline
Step-1: The interested applicant should collect the application form by contacting the Secretary/ Special Officer of the Primary Cooperative Agriculture and Rural Development Bank.
Step-2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step-3: Submit the duly filled and signed application form along with the documents to the concerned authority.
Step-4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, a unique identification number (if applicable).
References & Official Links
Scheme Details
| Full Name | Primary Cooperative Agriculture and Rural Development Bank: Jewel Loans |
| Short Title | PCAARDJL |
| Level | State |
| Scheme For | Individual |
| Categories | Banking,Financial Services and Insurance |
| States | Tamil Nadu |
| Gender | All |
| Area | Rural |
| Source | myScheme.gov.in ↗ |