Agriculture loan rules, gathered in one place

This book sets out how a bank lends to a farmer under the Kisan Credit Card scheme.

named by the words Kisan Credit Card · RBI Opening paragraphs · Read it in place

The card carries a working capital part and an investment credit part together.

named by the words agricultur · RBI Para 3 · Read it in place

A rural co-operative bank means a state co-operative bank or a central co-operative bank.

named by the words Agricultur · RBI Para 4 · Read it in place

An animal husbandry farmer, a fisher and a fish farmer may borrow for allied work.

named by the words allied activit · RBI Para 14(1) · Read it in place

The interest charged follows RBI's own Directions on interest rates on advances.

named by the words agricultur · RBI Para 20 · Read it in place

A voluntary pledge of gold or silver within that free limit is not a breach of the rule.

named by the words agricultur · RBI Para 21 · Read it in place

Short term limits for crops and allied work are reviewed and renewed by credit policy.

named by the words allied activit · RBI Para 26 · Read it in place

The farmer may draw through a banking outlet, a business correspondent or an ATM.

named by the words agricultur · RBI Para 32(2) · Read it in place

Mobile based drawing is allowed at agricultural input dealers and at mandis.

named by the words agricultur · RBI Para 32(3) · Read it in place

This book sets out how a bank lends to a farmer under the Kisan Credit Card scheme.

named by the words Kisan Credit Card · RBI Opening paragraphs · Read it in place

The card carries a working capital part and an investment credit part together.

named by the words agricultur · RBI Para 3 · Read it in place

An animal husbandry farmer, a fisher and a fish farmer may borrow for allied work.

named by the words allied activit · RBI Para 15(1) · Read it in place

The interest charged follows RBI's own Directions on interest rates on advances.

named by the words agricultur · RBI Para 21 · Read it in place

A voluntary pledge of gold or silver within that free limit is not a breach of the rule.

named by the words agricultur · RBI Para 23 · Read it in place

Short term limits for crops and allied work are reviewed and renewed by credit policy.

named by the words allied activit · RBI Para 28 · Read it in place

The farmer may draw through a banking outlet, a business correspondent or an ATM.

named by the words agricultur · RBI Para 34(2) · Read it in place

Mobile based drawing is allowed at agricultural input dealers and at mandis.

named by the words agricultur · RBI Para 34(3) · Read it in place

This book sets out how a bank lends to a farmer under the Kisan Credit Card scheme.

named by the words Kisan Credit Card · RBI Opening paragraphs · Read it in place

The card carries a working capital part and an investment credit part together.

named by the words agricultur · RBI Para 3 · Read it in place

An animal husbandry farmer, a fisher and a fish farmer may borrow for allied work.

named by the words allied activit · RBI Para 14(1) · Read it in place

The interest charged follows RBI's own Directions on interest rates on advances.

named by the words agricultur · RBI Para 20 · Read it in place

A voluntary pledge of gold or silver within that free limit is not a breach of the rule.

named by the words agricultur · RBI Para 22 · Read it in place

Short term limits for crops and allied work are reviewed and renewed by credit policy.

named by the words allied activit · RBI Para 27 · Read it in place

Mobile based drawing is allowed at agricultural input dealers and at mandis.

named by the words agricultur · RBI Para 33(3) · Read it in place

This book sets out how a bank lends to a farmer under the Kisan Credit Card scheme.

named by the words Kisan Credit Card · RBI Opening paragraphs · Read it in place

The card carries a working capital part and an investment credit part together.

named by the words agricultur · RBI Para 3 · Read it in place

An animal husbandry farmer, a fisher and a fish farmer may borrow for allied work.

named by the words allied activit · RBI Para 14(1) · Read it in place

A voluntary pledge of gold or silver within that free limit is not a breach of the rule.

named by the words agricultur · RBI Para 22 · Read it in place

Short term limits for crops and allied work are reviewed and renewed by credit policy.

named by the words allied activit · RBI Para 27 · Read it in place

The farmer may draw through a banking outlet, a business correspondent or an ATM.

named by the words agricultur · RBI Para 33(2) · Read it in place

Mobile based drawing is allowed at agricultural input dealers and at mandis.

named by the words agricultur · RBI Para 33(3) · Read it in place

Crop insurance today runs through the PMFBY scheme, which replaced the older NAIS and MNAIS schemes.

named by the words Agricultur · RBI Para 4.5.1 · Read it in place

SLBC or DCC can decide to reschedule loans to rural artisans, traders and small industry too.

named by the words allied activit · RBI Para 4.3.1 · Read it in place

Banks must not demand a third-party guarantee just to convert a crop loan to a term loan.

named by the words crop loan · RBI Para 5.2.1.2 · Read it in place

Every short-term crop loan can be restructured, except a loan that was already overdue.

named by the words crop loan · RBI Para 4.1.1 · Read it in place

The agriculture target is 18 per cent of adjusted net bank credit, or of the off-book base when higher.

named by the words Agricultur · RBI Para 7 · Read it in place

Allied activity covers dairy, fisheries, poultry, bee-keeping and sericulture.

named by the words allied activit · RBI Para 4 · Read it in place

A non-corporate farmer is an individual farmer, a farmer's proprietorship, or a group of them.

named by the words agricultur · RBI Para 4 · Read it in place

There are eight categories: agriculture, enterprises, exports, education, housing and three more.

named by the words Agricultur · RBI Para 5 · Read it in place

They are the State co-operative banks and the central co-operative banks.

named by the words Agricultur · RBI Para 3 · Read it in place

Lending to a village credit society sits outside these limits.

named by the words Agricultur · RBI Para 9(1) · Read it in place

Loans for agriculture and allied purposes sit outside these limits.

named by the words agricultur · RBI Para 9(2) · Read it in place

That means state co-operative banks and central co-operative banks.

named by the words Agricultur · RBI Para 3 · Read it in place

Those two are defined in the National Bank for Agriculture and Rural Development Act.

named by the words Agricultur · RBI Para 3 · Read it in place

An RCB means a State or Central Co-operative Bank under that Act.

named by the words Agricultur · RBI Para 3 · Read it in place

For farm loans the bank follows its usual practice, tied to the crop season.

named by the words agricultur · RBI Para 7 · Read it in place

A rural co-operative bank means a state co-operative bank or a central co-operative bank.

named by the words Agricultur · RBI Para 3 · Read it in place

An overdraft under Jan Dhan or a Kisan Credit Card account may still carry a debit card.

named by the words Kisan Credit Card · RBI Para 11 · Read it in place

State co-operative banks and central co-operative banks, as the NABARD law defines them.

named by the words Agricultur · RBI Para 3 · Read it in place

Accounts, banking, agriculture and development, law or audit all count.

named by the words agricultur · RBI Para 8 · Read it in place

At least 51 per cent of the board must have special knowledge in fields like banking, law or agriculture.

named by the words agricultur · RBI Para 8(2) · Read it in place

At least two directors must know agriculture and rural economy, co-operation or small scale industry.

named by the words agricultur · RBI Para 8(2) · Read it in place

At least 51 per cent of the board must have special knowledge in fields like banking, law or agriculture.

named by the words agricultur · RBI Para 9(2) · Read it in place

At least two directors must know agriculture and rural economy, co-operation or small scale industry.

named by the words agricultur · RBI Para 9(2) · Read it in place

Agricultural finance goes to full members directly, never through an agency.

named by the words Agricultur · RBI Para 6.10 · Read it in place

The loan may not fund a chit fund, a Nidhi company, farming or a real estate business.

named by the words Agricultur · RBI Para 18(77) · Read it in place

Even with no repatriation rights, an NRI still cannot buy a Nidhi firm, farm houses, or real estate.

named by the words agricultur · RBI Para 11(3) · Read it in place

These rules bind EXIM Bank, NABARD, SIDBI, NHB and NaBFID, and nobody else.

named by the words Agricultur · RBI Para 3 · Read it in place

These Directions apply to every all India financial institution.

named by the words Agricultur · RBI Para 3 · Read it in place

The cooling period for farm credit is set by the lender's own Board policy.

named by the words farm credit · RBI Para 92 · Read it in place

The five all India financial institutions are EXIM Bank, NABARD, SIDBI, NHB and NaBFID.

named by the words Agricultur · RBI Opening paragraphs · Read it in place

These rules cover the RBI-regulated All India Financial Institutions, starting with EXIM Bank and NABARD.

named by the words Agricultur · RBI Para 3 · Read it in place

The cooling period for farm credit is set by the lender's own Board policy.

named by the words farm credit · RBI Para 26 · Read it in place

A rural co-operative bank means a State or Central Co-operative Bank under the NABARD Act.

named by the words Agricultur · RBI Para 3 · Read it in place

State co-operative banks and central co-operative banks under the NABARD law.

named by the words Agricultur · RBI Para 3 · Read it in place

That means state co-operative banks and central co-operative banks under the 1981 national farm bank law.

named by the words Agricultur · RBI Para 3 · Read it in place

Different qualifications may be set for land, machinery or farm land.

named by the words agricultur · RBI Para 20(2) · Read it in place

A rural co-operative bank means a state or central co-operative bank.

named by the words Agricultur · RBI Para 3 · Read it in place

RBI examines the proposal in consultation with NABARD, and approval comes in two stages.

named by the words Agricultur · RBI Para 9 · Read it in place

The cooling period for farm credit is set by the lender's own Board policy.

named by the words farm credit · RBI Para 60 · Read it in place

On a long duration crop the interest is charged at annual rests.

named by the words agricultur · RBI Para 6 · Read it in place

Different qualifications may be set for land, machinery or farm land.

named by the words agricultur · RBI Para 46(2) · Read it in place

Direct finance may go only to members, not to nominal members or through other agencies.

named by the words agricultur · RBI Para 202(1) · Read it in place

The cooling period for farm credit is set by the lender's own Board policy.

named by the words farm credit · RBI Para 25 · Read it in place

For farm loans the bank follows its usual practice, tied to crop production.

named by the words agricultur · RBI Para 6 · Read it in place

Different qualifications may be set for land, machinery or farm land.

named by the words agricultur · RBI Para 20 · Read it in place

An annual return on capital funds and risk assets goes to NABARD.

named by the words Agricultur · RBI Para 16 · Read it in place

The agenda covers government schemes, from crop insurance and farm credit to housing and micro loans.

named by the words Agricultur · RBI Para 9 · Read it in place

The cooling period for farm credit is set by the lender's own Board policy.

named by the words farm credit · RBI Para 25 · Read it in place

On a long duration crop the bank may charge interest at annual rests.

named by the words agricultur · RBI Para 5(7) · Read it in place

An overdraft under Jan Dhan or a Kisan Credit Card account may still carry a debit card.

named by the words Kisan Credit Card · RBI Para 11 · Read it in place

The cooling period for farm credit is set by the lender's own Board policy.

named by the words farm credit · RBI Para 96 · Read it in place

On a long duration crop the bank may charge interest at annual rests.

named by the words agricultur · RBI Para 5(7) · Read it in place

The cooling period for farm credit is set by the lender's own Board policy.

named by the words farm credit · RBI Para 96 · Read it in place

Rural co-operative banks here mean State Co-operative Banks and Central Co-operative Banks.

named by the words Agricultur · RBI Para 3 · Read it in place

State co-operative banks and central co-operative banks, as the NABARD law defines them.

named by the words Agricultur · RBI Para 3 · Read it in place

Only scheduled banks, primary dealers, an upper-layer NBFC and four development banks may be market-makers.

named by the words Agricultur · RBI Para 5 · Read it in place

It must weigh any divergence RBI found in how bad loans were classified and provided for.

named by the words Agricultur · RBI Para 6(1) · Read it in place

These institutions are EXIM Bank, NABARD, NHB, SIDBI and NaBFID.

named by the words Agricultur · RBI Para 2 · Read it in place

These Directions apply to every all India financial institution.

named by the words Agricultur · RBI Para 3 · Read it in place

A rural co-operative bank means a State or a Central Co-operative Bank.

named by the words Agricultur · RBI Para 3 · Read it in place

Farm land, plantation land and a farm house may not be bought by either of them.

named by the words agricultur · RBI Para 3 · Read it in place

A non-resident Indian or an overseas citizen may buy property in India.

named by the words agricultur · RBI Para 3 · Read it in place

Either may receive property in India as a gift.

named by the words agricultur · RBI Para 3 · Read it in place

Either may sell any property in India to a person resident in India.

named by the words agricultur · RBI Para 3(77) · Read it in place

A foreign embassy, diplomat or consulate general may buy or sell property here.

named by the words agricultur · RBI Para 6 · Read it in place

A bank may lend an NRI rupees against shares or property, but not farmland.

named by the words agricultur · RBI Para 3.1 · Read it in place

All India financial institutions must wait at least 12 months before lending again after a settlement.

named by the words farm credit · RBI Para 92 · Read it in place

Banks must wait at least 12 months before lending again after a settlement.

named by the words farm credit · RBI Para 26 · Read it in place

Banks must wait at least 12 months before lending again after a settlement.

named by the words farm credit · RBI Para 60 · Read it in place

Banks must wait at least 12 months before lending again after a settlement.

named by the words farm credit · RBI Para 25 · Read it in place

Banks must wait at least 12 months before lending again after a settlement.

named by the words farm credit · RBI Para 25 · Read it in place

Banks must wait at least 12 months before lending again after a settlement.

named by the words farm credit · RBI Para 96 · Read it in place

Banks must wait at least 12 months before lending again after a settlement.

named by the words farm credit · RBI Para 96 · Read it in place