PNB
launches new scheme for farmers
17
February 2007
New
Delhi: Punjab National Bank (PNB) has launched a
new scheme under the name of `PNB Sampurn Rin Yojana'
to supplement farmers' incomes.
Under
the scheme, farmers are provided with credit for meeting
expenditure on growing crops, rearing animals and for
purchase of farm assets like tractors, pump sets and
farm equipment.
Besides,
loans are also provided for non-farm sector activities
like processing, storage, post-harvest technology.
Farmers
who are owner-cultivators, tenants, lessee or allottee
farmer with recorded occupancy rights or farmers with
ancestral/perpetual rights of cultivation are eligible
for loan either individually or in groups under this
scheme.
A
PNB release said that need-based credit would be provided
to the farmers in the form of cash credit, term loan,
overdraft and composite loans.
Other
reports on Punjab National Bank
General
reports on Banks
Other
reports on Agriculture
