Loans
Loan Schemes
KCC Loan
The Kisan Credit Card (KCC) is a scheme in India, including Karnataka, designed to provide farmers with timely and adequate credit support for their agricultural needs. It offers short-term credit for crop cultivation, working capital for farm assets, and allied activities.
Medium Term Loan
Medium-term agricultural loans are typically available for purposes like purchasing farm machinery, irrigation systems, dairy farms, and sheep farming or livestock, with repayment periods of 3-5 years. These loans are often offered at subsidized interest rates.
WSHG Loan
The bank provides financial assistance to Women Self Help Groups (WSHG) for both individual member activities and group activities. After 6 months of formation, the SHG can apply for a loan from the bank.
Cash Credit Loan
A cash credit loan in a cooperative bank provides short-term, flexible financing for working capital needs, allowing borrowers to withdraw funds from a pre-approved limit as needed. It functions like a current account with cheque book facility, secured by hypothecation of assets or guarantees.
