4. P&SB Scheme for Financing of Old Tractors

Bank provides credit on very liberal terms for purchase of second hand (old) tractors.

Eligibility: Farmer owning four acres of irrigated land and cultivating a minimum of six acres of irrigated land.

Margin: 25% in Bank's favor.

Repayment: In equated half yearly installments over a period of 5 years.

5. P&SB Drip Irrigation Scheme

Bank has formulated a scheme on the latest technique of Water Management i.e. Drip Irrigation. This irrigation system is most suited for Horticulture and vegetable Crops.

Eligibility: Farmers engaged in the activity of Horticulture and vegetable on large scale are eligible.

Margin - 15%

Repayment: In equated half yearly installments over a period of @ 9 -12 years including gestation period up to 11 months

6. P&SB Scheme for Financing Farmers for Purchase of Land for Agricultural Purpose

The banks provide finance to farmers in the form of term loans for development purposes and short term-loans for production purposes.

Eligibility: Small & marginal farmers i.e. those who would own maximum of 5 acres of non-irrigated land or 2.5 acres of irrigated land including the land to be purchased under the scheme.

Margin: Minimum 20%

Repayment: Loan to be repaid in 7-10 years.

7. P&SB Scheme for Financing of Two Wheelers to Farmers

• Financing of Two Wheelers to farmers is considered as direct finance to agriculture. 
  
• The salient features of the scheme are as under

Eligibility:Borrower should be an agriculturist and own agricultural land either in his own name or in the name of his family members.

Margin - 25%

Repayment:The repayment period should not exceed 5 years. The borrower's repayment capacity is to be considered on the basis of crop grown, income from other sources and income of spouse.