Long Term Loans
The Society was offering long term loans to its members for digging of tube wells, purchase of submersible pumps, Tractors, Harvesters, Two wheelers, Sheep rearing, Land development, House constructions, car loans etc. The Society process the long term loan applications of the member borrowers in the follow manner:
- Farmer has to take application from society
- Application form to be filled in by Village Revenue Officer (VRO) and has to submit to Society
- Declaration Bond to be registered in sub registrar office
- Encumbrance Certificates (EC) and legal opinion to be obtained
- After satisfied with legal procedures, loan will be sanctioned by District Cooperative Central Bank.
- Amount will be released within 20 days.
Long Term Loans
(Rs. in lakhs)
Years | Loans Outstanding | Loan Given | Recovered | % Of Recovery |
2010-11 | 314 | 58 | 86 | 69% |
2011-12 | 326 | 100 | 88 | 70% |
2012-13 | 443 | 210 | 93 | 67% |
2013-14 | 640 | 233 | 36 | 54% |
2014-15 | 650 | 133 | 123 | 72% |
2015-16 | 642 | 116 | 124 | 84% |
2016-17 | 699 | 167 | 110 | 80% |
2017-18 | 883 | 322 | 196 | 81% |
2018-19 | 1081 | 365 | 167 | 71% |
2019-20 | 1112 | 276 | 245 | 71% |