CRN/ /2012-13

Head Office
Agriculture and Rural
Circular No.
Business Department UCO BANK CHO/ARBD/75/2012-13
10, B.T.M. Sarani, (A Govt. of India Undertaking) Date 10.01.2013
Kolkata – 700001 HONOURS YOUR TRUST
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To ALL Branches & Offices in India

SUB: New Loan Product: UCO KISAN TATKAL SCHEME

Gist & Action Pont
A new scheme :- UCO KISAN TATKAL SCHEME for providing instant Credit to the
farmers to meet their emergency financial requirement for their Agriculture and
Domestic purpose is being launched.

With a view to extend financial support to the farming community to meet their
emergency requirement of funds to tide over the temporary financial crisis and
keep their Agriculture/Allied activities and domestic front stable the new
scheme- UCO KISAN TATKAL is launched.

The details of the scheme is given below,

Purpose: An instant credit for farming community to meet the

emergency requirements for Agriculture and Domestic
purposes for tiding over temporary financial difficulties.
Eligibility: Individual farmers / joint borrowers (not exceeding 4 farmers)
who are existing Kisan Credit Card (KCC) holders having
satisfactory track record of at least two years.
Type of Loan: It shall be single transaction Term loan limit Loan repayable
within 3 years.
Quantum of Minimum limit: Rs.1000/ ; Maximum limit: Rs.50000/-
loan/Ceiling: (Subject to ceiling at 50% of KCCS limit / 25% of annual
income)
Security: Existing security /ies obtained for KCC to be continued.
No additional securities to be obtained even if the combined
exposure (KCC plus proposed Kisan Tatkal Scheme) exceeds
the present cut-off ceiling of Rs.1 lakh.
Repayment: 3-5 years in half yearly / annual installments.
The loan is to be cleared in full if a fresh / enhanced limit is
sought during the subsequent year based on revised KCCS
limit.
Rate of Interest: At Base Rate (without interest subvention).
Penal Interest: As per guidelines of RBI.
Upto Rs. 25000.00 : Nil
Above Rs. 25000.00 : As per extant guidelines.
Disbursement: After the harvest period of the crops, the farmer(s) shall be
eligible for the loan.
Application: The existing application A116 (Revised) Form-A.
Documentation: As per Bank’s extant guidelines.

Processing and Upto Rs. 25000.00 : Nil

other charges: Above Rs. 25000.00 : As applicable to agriculture term
loan
Post-sanction Minimum half yearly farm visits, as applicable to KCC limits.
monitoring &
follow up:
Loan Priority Sector- Direct Agriculture
classification:
Repayment: In suitable half-yearly / annual installments coinciding with
overall income generation of the farmer.
Asset Since it is essentially granted as post harvest facility to provide
classification: liquidity to farmers, the ‘Crop season’ delinquency norm will
be applicable for asset classification.
Customization Customization will be communicated separately .

The Branches & Offices are advised to make a careful note of the same and
sanction loans to the farmers as per the above terms & conditions.

Dy. General Manager

ARBD,FI,RRB & SLBC
(Independent Charge)