Purpose: Timely support for the crop cultivation needs of the member farmers at PACS level |
Eligibility: *PACS should be registered under Karnataka Co-op Societies Act 1959 |
*PACS should be having membership in the bank. |
*PACS should contain an elected Board of members. |
*Economical Viability of the society is must. |
* Proceedings to borrow loan should be noted in By-law. |
Security- Charges has to be created on the collateral security offered by the farmer under FORM-3. |
Term: 365 days from the date of loan. |