The Following loans are disbursed by Bank:

1. Wholesale Loan for Micro credit
SFCLs that are interested to transact with bank for providing retail loan to the small farmer members, groups or intergroups within their working area are provided with wholesale loan or in the form of refinance for a specified period of time.
2. Institutional Business Loan
In order to strengthen the financial condition of an institution and/or to promote business activities of small farmers, the above stated loan is provided .

Bank will make the final decision in this regard only after evaluating the possibilities of internal resource mobilization. In order to provide this type of loan provider (Area Office) needs to take prior consent from the Head office.

Loan Repayment period

All kinds of loan provided by bank are classified and named on the basis of payment period as follows -

1. Short Term (Period) Loan :
This loan is required to be paid off within two years of time period by carrying out productive profession/Business/Project etc. It includes loans in the areas like
1. Agricultural Products
2. Cottage Industry
3. Working Capital
4. Marketing of consumable items
5. Legally unrestricted business yielding quick cash inflow


2. Mid Term (Period) Loan :
It refers to the loan that requires 2 to 5 years of time period to pay off. This type of loan is re-paid through the income generated by carrying out business/Project. It includes the following
1. Agricultural apparatus/tools.
2. Establishment of cottage/ small industry.
3. Vehicles for transporting goods.
4. Irrigation
5. Processing of Agricultural products.
6. Alternative Power plant Development.


3. Special Type Loan :
Special type loan refers to the loan that requires more than 5 years of time period to pay off. This loan is provided for the Business /Project with long gestation period. The maximum time period however for complete repayment will be 10 yrs. This includes the following:
1. Tea / Coffee farming.
2. Plantation
3. Alternative Power plant Development

Eligibility Criteria For Loan

1. For Small Farmers Cooperatives Ltd.(SFCLs)
1. Formed and legally registered under institutional development process of then small farmers development project. In addition, required no of share purchased as directed by the bank.
2. Having regular saving collection and its mobilization.
3. Annual Auditing duly performed by a Registered Auditors
4. Micro Credit facility provided only to the small farmers family involved in Group by purchasing share.
5. Maintained accounts correctly as per the prescribed format directed by the bank and closing completed accordingly.
6. Both financially & technically viable project for institutional business loan .
7. Regular AGM & Board meeting.
8. Financial condition of an institution at par with given benchmark.
9. Repayment of loan as per the agreed repayment schedule.
10. Monthly report along with other reports as per demand of the bank regularly sent in prescribed format.
11. Other qualifications as per the bank's requirement duly met.
2. For Other Micro Finance Institution (Except SFCLs):
1. Legally registered to provide micro finance services.
2. Providing micro credit and other microfinance services in its working area
3. Operating Micro Finance Programme under group concept & Involvement of women in a large number of service recipient formed.
4. Executive body of service recipient formed and Microfinance Programme operated in line with the decision of the body.
5. Carrying out financial transactions through a Bank a/c only.
6. Financial transaction recorded in Double Entry Accounting system.
7. Repayment of loan more than 90%.
8. Agreed to on lend the loan amount to the small/marginal farmers and excluded rural destitute.
9. Audit of financial statements annually done by Registered Auditor
10. Operationally self-sufficient or submission of 2 years business plan to assure operational self sufficiency
11. Agreed to abide by the suggestions/recommendation of the bank.
12. Loan utilized in specified purposes for achieving financial self sufficiency and sustainability.
13. Other qualification duly met as prescribed by the bank from time to time.