Agri Banking Schemes from Vijaya Bank

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Agri Banking Schemes from Vijaya Bank
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Agri Banking

• Vijaya Bank has always been in the forefront in
  meeting the credit needs of rural entrepreneurs
  and farmers
• Agri banking schemes from Vijaya Bank lend a
  helping hand in terms of need based credit for
  crop production and its allied activities.
• Vijaya Bank is expanding rapidly to deliver these
  products at the doorstep of every farmer.

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Agri Banking Schemes from Vijaya Bank

• VIJAYA KISAN CARD SCHEME
• VIJAYA PLANTERS CARD
• VIJAYA KISAN TATKAL SCHEME
• VIJAYA KRISHI MITHRA
• FARM HOUSE CONSTRUCTION SCHEME
• SCHEME FOR AGRICULTURAL LAND PURCHASE
• ORCHARD OR ESTATE PURCHASE LOAN SCHEME
• SCHEME FOR FINANCING FARMERS AGAINST WAREHOUSE
  RECEIPT
• SCHEME FOR FINANCING FOOD AND AGRO PROCESSING
  UNITS
• AGRI CLINIC AND AGRI BUSINESS CENTRE
• SCHEME FOR RURAL GODOWNS OR COLD STORAGES
• SCHEME FOR FINANCING RUBBER PLANTATIONS
• TERM LOANS FOR MINOR IRRIGATION
• TERM LOANS FOR LAND DEVELOPMENT
• TERM LOANS FOR HORTICULTURE DEVELOPMENT
• SCHEME FOR FINANCING ANIMAL HUSBANDRY
• DEBT SWAP SCHEME FOR DISTRESSED FARMERS
• SCHEME FOR FINANCING DISTRESSED PERSONS OTHER
  THAN FARMERS

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VIJAYA Kisan Card Scheme

• Salient Features
• Repetitive documentation is avoided for every
  year.
• This scheme is valid for 5 years.
• Can be withdrawn via ATM enabled RuPay Kisan
  card/BCA locations.
• Eligibility
• All farmers/ tenant farmers/ Oral lessees/ SHG/
  JLG of farmers/ Companies/ Partnership Firms/
  HUFs
• Borrower should not be a defaulter with any other
  Banks/ Financial Institutions
• Rate of Interest In case of non interest
  subvention scheme, ROI range from 10.20 to
  12.20
• Repayment Crop proceeding needs to be credited
  to the account account will be reviewed
  annually.
• Note MCLR 1 Year presently at 9.45

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VIJAYA Planters Card

• Salient Features
• Repetitive documentation is avoided for every
  year.
• This scheme is valid for 5 years.
• Can be withdrawn via ATM enabled RuPay Kisan
  card/BCA locations.
• Meets short term credit requirement of coffee
  planters, even covers post-harvest requirements,
  which covers household and farm assets
  maintenance expenses
• Eligibility
• All farmers/ tenant farmers/ Oral lessees/ SHG/
  JLG of farmers/ Companies/ Partnership Firms/
  HUFs
• Borrower should not be a defaulter with any other
  Banks/ Financial Institutions
• Rate of Interest In case of non interest
  subvention scheme, ROI ranges from 10.20 to
  12.20
• Repayment Crop proceeding needs to be credited
  to the account account will be reviewed
  annually.

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VIJAYA KISAN TATKAL SCHEME

• Salient Features Eligibility
• Instant credit facility to existing VIJAYA KISAN
  CARD holders (who have a satisfactory track
  record for 2 years) who need to meet urgent
  financial requirements for agriculture and
  domestic purposes.
• 50 of existing VKC limit or 25 of annual
  income, whichever is lower, with a maximum limit
  of Rs.50000/-
• Rate of Interest MCLR 1 Year 0.7510.20
• Repayment In installments within 3 - 5 years.

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VIJAYA KRISHI MITHRA

• Salient Features single term loan for multiple
  credit requirements of farmers like Land
  Development, Minor Irrigation, Allied activities
  and other Agri-related activities.
• Eligibility Individual/Group of farmers and
  JLGs/SHGs engaged in Agriculture and other such
  allied activities.
• Repayment Monthly/ quarterly/ half yearly/
  yearly installments in 5-9 years with a
  moratorium not exceeding 12 months.

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FARM HOUSE CONSTRUCTION SCHEME

• Salient Features
• This scheme can be used for repairing of an
  existing farm house.
• Construction of farm house and other structures
  in agriculture land.
• Eligibility Individual farmers and spouse to
  join as co-borrower.
• Rate of Interest MCLR 1 Year 0.25 pa.
  (Floating).
• Repayment
• Within 15 years with a moratorium of 12 months
  for construction purpose.
• Within 5 years for repair purpose.

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SCHEME FOR AGRICULTURAL LAND PURCHASE

• Salient Features This scheme is for purchase of
  agricultural land/fallow and waste lands by small
  and marginal farmers and to develop and cultivate
  agriculture for sustainable livelihood.
• Eligibility
• Individual farmers (Small and Marginal) / share
  croppers/ tenant farmers.
• Applicant should have satisfactory past dealings
• Land to be purchased should be within the ceiling
  norms applicable for Small/Marginal farmer.
• Repayment Half yearly/yearly installments within
  7 to 10 years with a maximum moratorium period
  of 24 months.

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ORCHARD OR ESTATE PURCHASE LOAN SCHEME

• Salient Features Financing the purchase of
  estates/orchard farms which has traditional
  plantation crops like coffee, tea, rubber,
  cardamom, pepper, coconut and other perennial
  orchard crops.
• Eligibility Borrower should already possess
  yielding estates/orchards and should be in a
  position to rejuvenate the proposed land.
• Repayment Within 7-9 years with a moratorium up
  to 12 months.

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SCHEME FOR FINANCING FARMERS AGAINST WAREHOUSE
RECEIPT

• Salient Features Financing farmers against
  pledge of their farm produce which is covered
  under the Warehouse Receipts (WRs) issued by
  Central, State warehouses and warehouses of
  Co-operative Societies registered with WDRA.
• Eligibility SHGs / JLGs of farmers or Individual
  farmers.
• Rate of Interest Ranging from 9.60 to 10.65
  based on the loan slab.
• Repayment Within 12 months from the date of
  disbursement/ the due date mentioned in the
  warehouse receipt or the normal shelf life of the
  commodity, whichever is earlier.

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SCHEME FOR FINANCING FOOD AND AGRO PROCESSING
UNITS

• Purpose
• Financing the purchase of new Food Agro
  Processing units.
• Credit for expansion/ renovation/ modernization/
  increased efficiency/ improvement in product
  quality of existing Food Agro Processing units.
• Eligibility
• Entities which are promoted by the State
  Governments.
• Individuals, Proprietor/Partnership concerns,
  Corporate companies etc..
• Rate of Interest Ranging from 11.15 to 11.65
  p.a.
• Repayment Within 7 years with Moratorium period
  of one year which can go up to 2 years depending
  upon the nature of the project.

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AGRI CLINIC AND AGRI BUSINESS CENTRE

• Salient Features To create self-employment
  opportunities to unemployed Agricultural
  Graduates, Diploma holders, and other
  Agri-related courses.
• Eligibility Person has to be a graduate in
  Agriculture or allied subjects.
• Repayment Within 5-10 years with a moratorium up
  to 2 years.

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SCHEME FOR RURAL GODOWNS OR COLD STORAGES

• Salient Features
• For creating scientific storage capacity in rural
  areas for storing farm produce, processed farm
  products, agricultural inputs.
• To avoid distress sale by farmers immediately
  after harvesting.
• To strengthen marketing infrastructure promote
  pledge financing in India.
• Eligibility Individual farmers, Group of
  farmers/Growers, Partnership/Proprietary firms,
  Non-Government organizations (NGOs), Self Help
  Groups (SHGs), Companies, Co-operatives,
  Federations, Agricultural Produce Marketing
  Committees (APMCs), Marketing Boards and Agro
  Processing Corporations.
• Rate of Interest Ranging from 10.20 pa to
  11.20 pa
• Repayment Within 11 years with a moratorium up
  to 1- 2 years.

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SCHEME FOR FINANCING RUBBER PLANTATIONS

• Salient Features Credit facility for the
  establishment and management of rubber
  plantations.
• Eligibility All the farmers.
• Repayment Within 13 years with moratorium period
  of 6 years.

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TERM LOANS FOR MINOR IRRIGATION

• Purpose Financing for
• irrigation pump sets/oil engines and installation
  of Solar pumps
• Digging of new wells, deepening of existing
  wells, sprinkler units/ Drip irrigation units/
  lift irrigation projects in river basins,
  construction of percolation ponds, laying of
  irrigation channels etc..
• Eligibility Individual farmers,
  Companies/Partnership Firms/ Co-operatives,
  Federation of Co-operatives/JLG/SHG of farmers.
• Repayment
• Bore wells 11-15 years with 23 months grace
  period
• Pump set 9 years with 11 months grace period
• Sprinkler / Drip Irrigation 10-15 years with 11
  months grace period.

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TERM LOANS FOR LAND DEVELOPMENT

• Purpose Financing for
• Creation of bunds for protecting farm lands from
  soil erosion.
• Converting dry lands into irrigable and
  cultivable lands.
• Levelling uneven sloppy and undulating lands.
• Eligibility All individual farmers/ corporate
  companies/Partnership firms/ Co-operatives,
  Federation of Co-operatives/ SHGs/ JLGs/ tenant
  or lease holding farmers.
• Repayment Within 5-7 years with initial
  moratorium period ranging from 6 months to 1 year

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TERM LOANS FOR HORTICULTURE DEVELOPMENT

• Salient Features Providing finance to farmers to
  establish new orchards, gardens and nurseries and
  also the maintenance of the existing gardens.
• Eligibility Individual farmers/Corporate
  companies/Partnership/Proprietorship firms/
  Co-operatives, Federation of Co-operatives of
  farmers/ SHG/JLG of farmers.
• Repayment Varies based on crop and as per the
  NABARD guidelines.

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SCHEME FOR FINANCING ANIMAL HUSBANDRY

• Salient Features Finance options to meet the
  working capital requirement expenditure for
  running Dairy, Piggery, poultry, Goat/sheep
  rearing, fisheries and sericulture.
• Eligibility Individual farmers/ Companies/
  Cooperatives of farmers/ Partnership/
  Proprietorship firms/ SHG/ JLG of farmers.
• Finance amount 75-85 of the project cost
• Repayment
• Dairy 4-5 years
• Poultry/Goat/Sheep/Fishery/Piggery/Sericulture
  3-7 years

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DEBT SWAP SCHEME FOR DISTRESSED FARMERS

• Purpose Financial assistance to distressed
  farmers who need to clear their dues with
  non-institutional lenders such as Private Money
  Lenders, MFI etc..
• Eligibility
• Tenant farmers/ Sharecroppers provided they are
  members of SHG JLG.
• All individual farmers who are in distress due to
  indebtedness to Non institutional lenders.
• Rate of Interest MCLR 1 Year 0.20 9.65 and
  no processing charges.
• Repayment Within 7 years in monthly / quarterly
  / half yearly / yearly instalments with suitable
  moratorium period of 6 to 12 months.

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SCHEME FOR FINANCING DISTRESSED PERSONS OTHER
THAN FARMERS

• Purpose Eligibility Credit assistance to the
  distressed persons (other than farmers ) i.e
  Micro entrepreneurs who are indebted to
  non-institutional lenders.
• Rate of Interest MCLR 1 Year 0.20 9.65 and
  no processing charges
• Repayment Within 7 years in monthly instalments,
  with suitable moratorium period of 6 months

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VIJAYA BANK

• Vijaya Bank is a PAN India Institution, serving
  diverse sectors of the society
• The Bank offers a bouquet of innovative and
  attractive products and services to its
  customers. It has also incorporated a host of
  latest Digital Banking products, to provide the
  best services to its customers.
• Digital Banking services are
• VPAYQWIK
• Mobile Banking
• Net Banking
• Vijaya UPI
• Twitter banking and many more
• For details, visit https//www.vijayabank.com

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THANK-YOU