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Priority Sector Schemes

1. Kisan Credit Card (KCC) Scheme
 
Purpose To provide credit support for cultivation of Crops/Post harvest expenses/Investment Credit Requirements
Eligible All farmers,JLG/SHG, can take the loan under the scheme
Credit Limit upto Rs.2 lakh per acre*
Margin NIL
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI 7% upto limit Rs.3lakh* & MCLR+2% above 3lakh to Rs.10Lakh
Online Apply https://www.psbindia.com/index.php?page_name=agriculture-loan-application&type=module.
 
2. Kisan Credit Card (KCC) Scheme: WC for Animal Husbandry and Fisheries
 
Purpose To meet short term credit requirements of farmers engaged in animal husbandry and fisheries activities
Eligible Farmers/ JLGs/SHGs engaged in Dairy, Poultry, Fisheries and other allied Activities
Credit Limit Need based.
Margin NIL
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI 7% upto limit Rs.2 lakh* & MCLR+2% above 2 lakh to Rs.10Lakh
Online Apply https://www.psbindia.com/index.php?page_name=agriculture-loan-application&type=module.
   
 
3. PSB Farm Mechanization for financing Tractor/Power tillers/ threshers/Reapers / bulldozers, JCBs, Well- Boring equipment/Combine Harvester & Any other implement
 
Purpose For purchase of Tractor, threshers, JCBs, Combine Harvester & Any other implements for use as farm machinery for own Farm Activity and/or Custom Hiring Service purpose.
Eligible Any individual or group of individuals, institution or organization doing farm activity.
Minimum Requirement For Power tillers/ threshers/Reapers min 2 Acre own Agri land, for tractor min 2.5 Acre & for combine harvester min 5 Acre Agri land
Margin New -15%, Old/Repair - 25%
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI MCLR + 1.75%PA
Repayment Upto 9 years
Online Apply https://www.psbindia.com/index.php?page_name=agriculture-loan-application&type=module.
 
4. PSB Scheme for Financing Two Wheeler/ Jeep/ Car/ SUV to Farmers
 
Purpose Loan for purchase of Two Wheeler/Jeep/Car/SUV to farmers .
Eligible Any individual or group of individuals, institution or organization which has sufficient and regular income either from own Farm Activity and/or Custom Hiring Service
Min. Requirement of Agri land 5 Acre
Margin Minimum of 15% irrespective of loan amount
Charges & fee NIL upto limit Rs.3 lakh
Collateral Security NIL upto limit Rs.1.60 Lakh*
ROI Four Wheeler - MCLR + 0.25% PA, Two Wheeler – MCLR + 5%
Repayment Upto 5 years (monthly/Qtly/HY/Yearly)
 
5. PSB Kisan Suvidha Scheme (PSB KSS)
 
Purpose All agriculture related activities
Eligible All existing Kisan Credit Card (KCC) holder
Quantum of Finance @₹50,000/- per acre of owned land with maximum of ₹ 5 Lakh
Margin 15% to 25 % of the project cost
Charges & fee NIL upto limit Rs.3 lakh
ROI Loan upto 3lakh MCLR + 2.25%PA, above 3 lakh – MCLR +3%
Repayment Upto 5 years (monthly/Qtly/HY/Yearly)
 
6. PSB Scheme for Advance Dairy Farming
 
Purpose TL for equipments & infrastructure, WC for recurring expenditure
Eligible All farmers, who have min. 2 years’ experience & min. 3-acre Agri land
Quantum of Finance upto @₹60,000/- per cattle animals, min 10 & max 30 cattle*
Margin TL - 15%
Charges & fee Minimum
ROI MCLR + 1.50% Further, the rebate in Intt @0.50% on TL prompt payment
Repayment TL - upto 7 years incl. 6-month moratorium, WC – on demand
Security 100% of the loan amount(Agri or urban property)
 
7. PSB Scheme on Financing Food and Agro Processing Units
 
Purpose
  • To provide financial assistance for creation of processing and preservation capacities and modernization / expansion of existing food processing units.
  • To provide credit support for food & agro processing units.
Eligible Individuals / SHGs/ JLGs/ Proprietorship Firms/ Partnership / LLP / Pvt. Ltd. Co. / Public Ltd. Co/ Trust and Co-operative Societies registered under any law relating to co-operative societies/ FPOs and other legal entities etc.
Extent of Limit
  • Term Loan: Need Based
  • Working Capital Limit (Funded + Non-Funded): Need Based
  • Overdraft against Property (ODP): Maximum upto Rs 500 lacs*.
Margin 25% to 50%
Facilities
  • Term Loan
  • Working Capital Limit (Funded + Non Funded)
  • Overdraft against Property (ODP)
Charges & fee Upto 3lakh - NIL
ROI Link
Repayment Term Loan:Term Loan: Repayable in maximum 10 years, WC/OD – On demand
Security / Guarantee Suitable Collateral Security & Suitable guarantee of third party/((ies) be taken.
Activity covered All Activity as per Ministry of Food Processing Industries (MoFPI)

*Terms & conditions apply.

Current MCLR of Bank - "https://www.psbindia.com/content/loanint

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