Bank has become live on E-Commerce and PoS transactions.          IFS CODE: UTIB0SLDH01          EK KADAM SWACHHATA KI ORE-Keep Your Surroundings Clean.          An ISO 9001:2000 certified bank by JAS-ANZ          First , Third and Fifth saturday of every month will be full working day i.e from 10 AM to 5 PM          Bank will remain closed on Second and Fourth saturday of every month          The Ludhiana Central Cooperative Bank Ltd. - An 'A' class cooperative bank          Preserve your success with smart financing         

Agricultural Loans >> Short Term Crop Loan

Beneficiary

Farmers Through Multipurpose Cooperative Agriculture Service Societies.

Purpose

Production of Crops

Loan Limit

As per Land Holding and Scale of finance for each crop fixed from time to time by The Registrar, Cooperative Societies, Punjab, Chandigarh.

Rate of Interest

 

Subsidy

7.00% from Farmers by Societies.

5.00 % from Societies by bank.

3% subsidy for repaying the loan in time.

Margin

No margin money required

Repayment Period

Half Yearly linked with Crop Harvesting i.e. 30th June and 31st January.

Collateral Security

Nil.

 

'AVOID your Account getting FREEZED'