The “Primary Cooperative Agriculture and Rural Development Bank: For Minor Irrigation” scheme, launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial support to farmers for implementing minor irrigation projects. By improving water availability for agriculture, this scheme enhances crop productivity, ensures sustainable farming practices, and contributes to rural development.

Key Highlights of the Scheme

• Loan Amount: ₹65,000/- to ₹1,20,000/-
• Interest Rate: 11% to 11.75% (subject to change)
• Purpose: To fund minor irrigation projects such as digging borewells, constructing water tanks, or installing irrigation systems.

This initiative empowers farmers to overcome water scarcity challenges, ensuring consistent agricultural output and improved livelihoods.

Who Can Apply?

To be eligible for the Minor Irrigation Loan Scheme, applicants must meet the following criteria;

1. Residency: The applicant must be a resident of Tamil Nadu.
2. Occupation: Must be actively engaged in agriculture.
3. Need for Support: Should require financial assistance for minor irrigation projects.
4. Intention of Use: Must intend to use the loan specifically for minor irrigation purposes.

How to Apply?

The application process is conducted offline. Follow these steps to apply;

Step-by-Step Application Process

1. Collect the Application Form:
   Visit the nearest office of the Primary Cooperative Agriculture and Rural Development Bank and contact the Secretary or Special Officer to obtain the application form.
2. Fill Out the Form:
   Carefully fill in all mandatory fields in the application form. Attach a passport-sized photograph (signed across, if required).
3. Attach Documents:
   Self-attest copies of all required documents and attach them to the application form. Ensure that all details are accurate and complete.
4. Submit the Application:
   Submit the duly filled and signed application form along with the documents to the concerned authority.
5. Request Acknowledgment:
   Obtain a receipt or acknowledgment slip containing essential details such as the date and time of submission, and a unique identification number (if applicable).

List of Required Documents

• Identity Proof: Aadhaar card, PAN card, or any government-issued ID.
• Address Proof: Aadhaar card, voter ID, or utility bills.
• Proof of Land Ownership or Lease Agreement: Document proving ownership or lease of agricultural land.
• Other Documents: Any additional documents specified by the bank.

Benefits of the Scheme

• Financial Assistance: Provides loans ranging from ₹65,000/- to ₹1,20,000/- for minor irrigation projects.
• Affordable Interest Rates: Competitive interest rates starting at 11%.
• Improved Water Access: Helps farmers address water scarcity issues, enhancing crop yields.
• Sustainable Farming: Promotes eco-friendly and sustainable agricultural practices.
• Rural Development: Strengthens rural economies by supporting agricultural activities.

Frequently Asked Questions (FAQs)

Q1. What is the purpose of the Minor Irrigation Loan Scheme?

The scheme provides financial assistance to farmers for implementing minor irrigation projects, such as digging borewells, constructing water tanks, or installing irrigation systems, to improve water availability for agriculture.

Q2. Who is eligible for this scheme?

Farmers residing in Tamil Nadu who are actively engaged in agriculture and require financial support for minor irrigation projects are eligible.

Q3. What is the loan amount available under this scheme?

The loan amount ranges from ₹65,000/- to ₹1,20,000/-, depending on the project requirements.

Q4. Can I use the loan for purposes other than minor irrigation?

No, the loan must be used exclusively for minor irrigation projects. Misuse of funds may lead to penalties or legal action.

Q5. What is the interest rate for the loan?

The interest rate ranges from 11% to 11.75%, subject to change based on bank policies.

Q6. How long does it take to process the loan application?

The processing time may vary depending on the completeness of the application and document verification. Applicants are advised to follow up with the concerned authority for updates.

Q7. Are there any subsidies available under this scheme?

While the scheme primarily focuses on providing loans, beneficiaries may explore additional subsidies or incentives offered by the state government for irrigation projects.

Sources and References

• Guidelines issued by the Co-operation, Food and Consumer Protection Department, Government of Tamil Nadu.
• Official website of the Primary Cooperative Agriculture and Rural Development Bank.

For more information, visit your nearest bank branch or contact the concerned authorities.