State Bank of Mysore

Trusted Service

Agricultural Schemes

Kisan Gold Card Scheme

Kisan Credit Card Scheme

Gramin Bhandaran Yojana(GBY)

Scheme for Combined Harvesters

Kisan Chakra Scheme

Agriclinics and Agri business centers. (ABC 10 dated 30.08.01)

Solar Photo Voltaic Pumpsets(SPV) for Irrigations

Scheme for purchase of land for agricultural purposes

Scheme for development of Vanilla

Establishment of Bio-Fertiliser Units (Model Scheme)

Produce Marketing Loan (PML)

Drip Irrigation

Sprinkler Irrigation

Farm Mechanisation- SBM Agri Farm Scheme

Swarna Mitra Scheme

My Krishigen

Scheme for cultivation of Gherkins

Scheme for financing LPG connection in rural areas

Scheme for financing to tenant farmers & Oral lessees

Rain water harvesting scheme for SC/ST farmers

Scheme for financing of Jatropha plantation

Scheme for financing to cultivation of patchouli

General Credit Card

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KISAN GOLD CARD SCHEME. 

 

Purpose

Purchase of Agricultural implements, Bullocks and carts, Land Development, repairs to Farm machinery and meet the consumption needs of the farmers viz. Education, Marriage etc., other than purchase of land, construction of farm house, purchase of tractors & accessories.

 

Eligibility
Farmers having excellent repayment track record of their ACC / ATL a/cs for the past 2 years irrespective of their land holdings

 

Quantum of Loan

Five times the annual income or 60% of the value of land mortgaged as collateral security whichever is less with a maximum of Rs.10 lacs.

Loan for consumption purpose should not exceed 40% of the total limit

 

Margin
20% and 30% (Consumption purpose)

 

Interest
As applicable to Agricultural Term Loans.

 

Repayment
Each loan has its own repayment schedule with a maximum of 6-7 years

 

Other terms
This facility is in addition to KCC limit and treated as ATL a/cs (maximum of 5 a/cs), consumption purpose ATL is treated as Clean Term Loan

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Kisan Credit Card Scheme

Purpose.
To meet the timely Cash Credit and Consumption credit requirements of the farmers

 

Margin

No separate margin to be insisted.

 

Eligibility

All farmers

 

Quantum of loan

Entire crop production requirements for full year is fixed based on operational land holding, cropping pattern and applicable scale of finance plus 10% towards consumption plus 20%( for the first year only ) towards maintenance as Ancillary to crop production viz. maintenance of Agri-machinery implements, electricity charges etc.,

 

Drawing power
Yearly drawing may be fixed based on seasonality in credit requirements, projected cash flow / repayment , peak level requirement with 10 % enhancement in limits every year for a period of 5 years.

 

Repayment
KCC is like revolving cash credit limit valid for 5 years subject to annual review. Repayment to coincide with harvesting / marketing. Any number of withdrawals and repayment within the limit allowed and no withdrawal should remain outstanding beyond 12 months.

 

Credit card
KCC cum Smart card cum debit cards effective for 5 years facilitating year wise withdrawals & operations in the KCC accounts up to respective limits will be issued to the farmer borrowers.

 

Mode of withdrawal
Withdrawal slips and Smart Cards through ATMS.

 

Other terms
As applicable to Agricultural Advances

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Gramin Bhandaran Yojana (GBY)

Purpose
Erection of rural godowns for storing farm produce to prevent distress sale by the farmers immediately after harvest. The unit should be utilised for the benefit of farmers only as per the scheme objectives and to be located outside the limits of Municipal Corporation area.

 

Eligibility
Individual farmers / group of companies / growers partnership proprietary firms, NGOs, SHGs, Companies, Co-operatives, Agro-processing co-op societies, Marketing Boards and Agro processing corporations

 

Unit size/ cost

Minimum size of godown 100 MT cost Rs.2 lacs

Maximum size of godown 10,000 MT cost Rs.150 lacs

 

Subsidy

Subsidy is back ended and will be released in two instalments by NABARD.

25% of capital cost of the project subject to a maximum amount of Rs.46.87 lacs for certain category of borrowers.

33% of capital cost of the project subject to a maximum amount of Rs.62.50 lacs for certain category of borrowers

Kisan Chakra Scheme

Purpose
Purchase of vehicles viz. two wheelers, four wheelers carriage van, maxicabs, jeep, car, lorry, truck, etc. for supervising agricultural operations / management of the farm / estate and for transportation of agricultural produce, inputs, labour etc.

 

Eligibility

Agriculturists cultivating his own land or engaged in allied activities such as dairy, poultry, sericulture, fish farming etc.

Persons engaged in production / distribution of agricultural and allied commodities

 

Quantum of loan
An upper monitoring ceiling of Rs.5 lacs is fixed for the scheme

 

Margin
15-25% (minimum of 25% for MCVs/ACVs)

 

Interest
As applicable to ATLs

 

Repayment
3-5 years in monthly / quarterly / half yearly depending upon income generation

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Contact your nearest Branch of State Bank of Mysore or

Chief Manager
State Bank of Mysore
Agricultural Banking Department
H .O.: K.G.Road, Bangalore - 560009, INDIA
Phone: 91 80 22353901.extn.375;
Fax: 91 80 22283684
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State Bank of Mysore,
H .O.: K.G.Road,
Bangalore - 560254, INDIA.
Phone (EPABX): 91 80 22353901 (30 lines of PRI)
Fax: 91 80 22283684

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