Overview
The Primary Cooperative Agriculture and Rural Development Bank (PCARD Bank) offers financial assistance to farmers in Tamil Nadu for minor irrigation projects. The scheme helps improve water availability for agricultural activities, leading to better crop productivity and sustainable farming.
Benefits
- Loan amount: ₹65,000 to ₹1,20,000
- Interest rate: 11% to 11.75% (subject to revision)
- Financial support for minor irrigation infrastructure
Eligibility
Applicants must:
- Be a resident of Tamil Nadu
- Be engaged in agricultural activities
- Be a farmer
- Require financial assistance for minor irrigation purposes
- Use the loan exclusively for minor irrigation projects
Documents Required
- Aadhaar Card
- Address Proof
- Land Records
- Passport-size Photograph
- Bank Account Details
(Verify requirements with the concerned bank before applying.)
How to Apply
Interested farmers can obtain details and apply through their nearest Primary Cooperative Agriculture and Rural Development Bank branch.
Official Information
For complete guidelines and latest updates, visit the official scheme page:
Official Scheme Link:
https://www.myscheme.gov.in/schemes/pcardmi
IndicInfo Summary
Best suited for: Farmers in Tamil Nadu looking to improve irrigation facilities through affordable institutional finance.The scheme supports water-related agricultural infrastructure, helping farmers improve crop productivity and reduce irrigation challenges.
