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Production Credit Department |
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Core Business |
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NABARD provides short-term refinance for various types of production, marketing and procurement activities.
It provides :
1. Refinance in the form of a consolidated limit to SCBs on behalf of all eligible DCCBs for financing Seasonal Agricultural Operations (SAO) which covers such activities as are undertaken in the process of raising various crops and are seasonal in nature. The activities include among others, ploughing and preparing land for sowing, weeding, transplantation where necessary, acquiring and applying inputs such as seeds, fertilizers, etc., and labour for all operations in the fields for raising and harvesting the crops. The crop loans provided to farmers by the banks are based on crop loan manual. Provisions and changes effected from time to time. |
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2. Refinance in the form of a consolidated limit to SCBs on behalf of all eligible DCCBs and RRBs to provide crop loans to Tenant Farmers/Oral Lessees by organizing them into groups on the lines of SHG.
3. Refinance support in the form of consolidated limit to SCBs on behalf of eligible DCCBs for financing approved short-term agricultural/allied and marketing activities which are not covered under normal credit covering secured advances. |
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| 4. Refinance to SCBs on behalf of DCCBs and RRBs for financing Marketing of crops for affording reasonable opportunities for remunerative price to growers for their produce by enabling them to hold on to the produce for time being. Such advances are permitted against pledge of agricultural produce kept in own goodowns also. |
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Ceiling of Rs. 10 lakh per borrower. Maximum period of credit upto 12 months. |
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5. Refinance support in the form of consolidated limit to SCBs on behalf of eligible DCCBs for financing the working capital requirements of the Primary Weavers' Cooperative Societies (PWCS) for production and marketing of cloth. For financing the individuals directly by DCCBs for meeting the working capital requirements of those engaged in the field of handloom weaving and self employed weavers groups organised on the pattern of SHG for the working capital requirements.
6. Refinance support to State Cooperative Banks for financing procurement and marketing of cloth.
7. Refinance support to State Cooperative Banks for financing Trading in yarn by Apex/Regional Weavers' Cooperative Societies.
8. Refinance support to Scheduled Commercial Banks for financing working Capital requirements of Primary Handloom Weavers' Cooperative Societies(PHWCS).
9. Refinance support to State Cooperative Banks/Scheduled Commercial Banks for financing working capital requirements of State Handloom Development Corporations (SHDCs) for production / procurement and marketing of Handloom goods and State Handicrafts Development Corporations (SHnDCs) for production / procurement and marketing of Handicrafts goods |
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10. Refinance support to SCBs on behalf of DCCBs for financing working capital requirements of cottage, village, small scale Primary Industrial Cooperative Societies (Other than Weavers) for production and marketing activities.
11. Refinance support to SCBs on behalf of DCCBs for financing working capital requirements of Labour Contract and Forest Labour Cooperative Societies for activities such as marketing, manufacturing or processing of goods and/or collection and marketing of minor forest produce and engaged in any one or more of the 22 approved broad groups of cottage and small scale industries.
12. Refinance to SCBs for financing the procurement and marketing activities of Apex industrial cooperative socites.
13. Refinance support to SCBs/DCCBs for financing working capital requirements of Rural Artisans (including Weaver members of PACS/LAMPS/FSS) for production and marketing or servicing activities of such rural artisans including weaver members of PACS/FSS/LAMPS engaged in any of the 22 broad groups of approved cottage and small scale industries or handloom weaving industry and working on a viable basis
14. Refinance support to SCBs/DCCBs for financing collection and marketing of minor forest produce by adivasis and persons belonging to the Scheduled Tribes covering all types of minor forest produce which are fast moving and where operations are conducted on a commercial basis. |
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15. Refinance support to SCBs on behalf of DCCBs and RRBs for financing working capital requirements of Fisheries Societies/fishermen of PACS (for SCBs) and in case of RRBs for individuals also.
16. Refinance support to SCBs on behalf of DCCBs for financing procurement, stocking and distribution of chemical fertilizers and other agricultural inputs.
17. NABARD provides Short Term credit limits to SCBs against pledge of Government securities for (i) financing Seasonal Agriculture Operations against pledge of securities representing investment of Agricultural Credit Stabilization fund (ACSF) and (ii) General banking business.
18. Short Term refinance support to Regional Rural Banks (RRBs) for financing Seasonal Agricultural Operations (SAO) for meeting the production credit needs of farmers and Other than SAO such as production and marketing activities of artisans (including handloom weavers) and village/cottage/tiny sector industries as also for financing persons belonging to weaker sections and engaged in trade/business/service.
Medium Term finance |
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1. Refinance to SCBs/DCCBs and RRBs for providing Medium-term (Non-schematic) loans for 22 approved agricultural investment purposes.
2. Refinance support in the form of MT credit limits to SCBs on behalf of DCCBs for financing purchase of shares in cooperative processing societies by agriculturist members. |
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3. Refinance to SCBs and to RRBs against the loans converted/ rescheduled / rephased of farmers affected by natural calamities under Medium term stabilization arrangement for periods varying from 3 years to 5 years.
Share in ground level conversion :
Cooperative Banks :NABARD(60%), State Government(15%), 25% to be shared by SCB and DCCB in mutually agreed basis.
RRBs : NABARD (70%), Sponsor Bank (25%) and RRBs(5%).
Long Term Finance
Long Term Finance
1. Long Term Loans to State Government for contribution of share capital to cooperative credit institutions (SCBs/DCCBs/SCARDBs/PCARDBs/PACS/FSS/LAMPS) for periods upto 12 years in order to strengthen the share capital base of these institutions and thereby increase their maximum borrowing power and enable them to undertake larger lending programmes; subject to certain conditions.
Provision of Liquidity Support : |
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Refinance to SCB on behalf of DCCBs and RRBs for providing liquidity support to the banks affected by implementation of debt relief measures to farmers in distress and farmers in arrears consequent to the announcement made by Hon'ble Finance Minister on 18 June 2004.
Abbreviations used
SCB -State Cooperative Bank
DCCB -District Central Cooperative Bank
SHG -Self Help Group
RRB -Regional Rural Bank
PHWCS -Primary Handloom Weavers Cooperative Society.
LAMPS -Large Adivasi Multipurpose Primary Society
ACSF _ Agriculture Credit Stabilisation Fund
FSS -Farmers Service Societies
SCARDB -State Cooperative Agriculture and Rural Development Bank
PCARDB -Primary Cooperative Agriculture Rural Development Bank.
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Contact us |
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| Officer in-charge |
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| (i) |
Name |
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Shri Madan Mohan |
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Designation |
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Chief General Manager |
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Contact Nos.
Office
Fax
Mobile
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(91) 022-26524836, (91) 022-26539676
(91) 022-26530085
9821320854
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| (b) |
E-mail ID |
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pcd@nabard.org |
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