BHOOMI SHAKTI

1. What is the purpose of this scheme?

To provide financial assistance to women for all Agricultural activities

2. Who are the eligible for applying the loan under this scheme?

Women Farmers, comprising of the following: (a) Women having farmland in their own names (b) tenant farmers, if the tenant is a woman

3.What are the other terms and conditions of sanctioning loan under this scheme?

The terms and conditions / norms of lending like Mode of Assistance, Quantum of Loan, Margin, Security, Repayment Period are common in all respects with the normal loans under Agriculture and Allied Activities except the following concessions.

a) INTEREST RATE: 4% if granted under DRI, All other cases - 0.5% less than applicable rate for limits up to Rs.50,000 & 0.25% less than applicable rate for limits above Rs. 50,000.

b) OTHER CHARGES: Processing Charges, Upfront Fee and Mortgage Charges are waived for all loans granted under this Scheme.