Financial accommodation to affiliated Cooperatives for working capital requirements will be given under the broad head ‘Cash Credit Loans’. Under this system the society has to make frequent withdrawals from as well as repayments into the accounts to suit the continuous nature of its financial transactions thus facilitating the most economical use of the accommodations during a fixed period |
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Eligibility |
To Primary Agricultural Co-operative Socities (PACS) for Public Distribution Scheme. To credit or Marketing Societies for dealing in agricultural production requisites such as fertilizers, manures, pesticides, agricultural implements, seeds etc To Employees’ Cooperative Credit Societies To Urban Cooperative Credit Societies To credit or marketing societies for issue of loans against the pledge or hypothecation of agricultural produce and marketing of produce belonging to members |
Period |
One Year. |
Interest Rate |
As fixed by Bank from time to time |
Repayments |
As fixed by Bank from time to time |
Documents Required |
Check Lists of Documents for Cash Credit Loans are available at all Branches of Bank. |
Other Facilities |
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