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Golden Harvest Scheme
Purpose / ObjectiveTo meet short term credit requirement for agriculture purpose.
EligibilityAll paddy and Sugarcane growers of Tamil Nadu and Andra Pradesh
Amount of LoanSugar Cane: 60% of the estimated yield or Rs 20,000/- per acre whichever is lower.
Paddy (for AP): 60% of the value of the estimated yield or Rs 10,000/- per acre which ever is lower.
Paddy (for TN): 50% or Rs 10,000/- whichever is lower.
Interest Rates*Up to Rs.3.00 lakhs :7.00% ( under Interest subvention scheme of GoI)
*Above Rs.3.00 lakhs to Rs.5.00 lakhs : @ BR+3.00+0.50
* Greater than Rs.5.00 lakhs : @ BR+3.50+0.50
RepaymentOn getting the yield or 6 months / 1 year after the sanciton of loan. Loan amount to be paid within 2 months from the date of harvest
SecurityLoans upto Rs 100000/- : Hypothecation of Standing Crop.
Loans above Rs 100000/- : Third Party Guarantee + Equitable Mortgage of agricultural land.
* BPLR and BASE RATE - Available in Home Page 
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