Question

What is the alternative form of loan a farmer can take nowadays and what is its value

Answer 1

Answer:

Explanation:

There are various loan facilities available to farmers these days.

Up to 1 lakh- kissan credit card at subsidised rate of 7%

Dairy loan for purchase of cattle up to 1 lakh without security. Sometime nabard gives subsidy for dairy entrepreneurs

Above 1 lakh u need to give security for availing agricultural loan

Few banks sanction loan against property for agricultural purpose.

Up to 3 lakhs , one can pledge their jewel for agricultural purpose at subsidised rate of 7%

There are plethora of loans for agri allied activities

Answer 2

Explanation:

There are various loan facilities available to farmers these days.

Up to 1 lakh- kissan credit card at subsidised rate of 7%

Dairy loan for purchase of cattle up to 1 lakh without security. Sometime nabard gives subsidy for dairy entrepreneurs

Above 1 lakh u need to give security for availing agricultural loan

Few banks sanction loan against property for agricultural purpose.

Up to 3 lakhs , one can pledge their jewel for agricultural purpose at subsidised rate of 7%

There are plethora of loans for agri allied activities