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Redemption of Debts of Farmers from Non-Institutional Lenders

Particulars Guidelines under the scheme
Purpose To mitigate acute distress faced by farmers due to heavy burden of debt availed from non-institutional lenders (money lenders, agro input dealers, traders in agri produce etc.) by providing loans for such redemption.


  • Existing farmer borrowers with regular repayment.
  • Farmers whose accounts were rephased due to reasons beyond their control.
Quantum of Loan
  • For tenant farmers: The existing guidelines i.e. Maximum loan amt of Rs. 25000/- will continue
  • For agril. labourers : The amount of loan will be decided on the basis of repaying capacity.
Nature of facility Demand Loan / Term Loan
Rate of Interest
  • As per RBI/Bank’s guidelines revised from time to time.
  • Nil
Repayment Period
  • Maximum up to 10 years
    • For Farmers: Charge on land.
    • For Tenant farmer/Agril. Labourer : Third party guarantee and /or asset charged to the non-institutional lender.

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