KCC:SHORT TERM AGRICULTURE OPERATION

The Raiganj Central Cooperative Bank Ltd. has an area of operation over 12 Dev. Block under both the District of Uttar Dinajpur & part of Dakshin Dinajpur. There are at least more than 150 'working' Primary Agriculture Cooperative Societies(PACS)' ,of which about 75 PACS are functioning under 'Business Development Programme' (BDP). Actually,the 'Bank' functions as per the 'Short Term Cooperative Credit Structure' (STCCS) Pyramid. And, the 'Bank', being on the 2nd tier of the said pyramid percolates the Short Term (Crop Season wise) loans through the PACS,the 3rd tier of the pyramid, to the member-farmers in 'Kishan Credit Card' (KCC) format , where the total policy based on the 'KCC policy' promulgated by the RBI through NABARD.In such the manner the 'Bank' is serving the Merginal Agrarian section of it's area of operation since long.

Eligibility:

  • Must be a Farmer-member of any of the nearest PACS which area covers by the PACS as 'Area of Operation'.
  • The Farmer Member may be a Share Cropper/Tenant Farmer/Marginal Farmer/Small Farmers.

Objectives:

  • To enable the Farmers of the every nuke and corner of it's area of operation be financially strong and protect them from the menace of private 'Debt Trap' and distressed sale of their crop.
  • Farmers may use the KCC to readily purchase agriculture inputs such as seeds, fertilizers, pesticides etc. and draw cash for their production needs.hastle free.

Maximum amount of loan :

The maximum amount of loan is either according to the 'Scale of Finance' prepares by the DLTC(District Level Technical Committee) or Rs. 1 lakh (may vary time to time), whichever is lowest.

How to Avails the Facility:

To avail the facility the Member Farmer must reach the PACS and submit the proper KYC and details of Land related documents to the officials and apply for the facility once in 5 years as the Credit Limit for KCC remains live for 5 years and no need to renew within that period.

* For more details contact to your nearest branch of our Bank.