Schemes

1) Short Term Refinance for Seasonal Agricultural Operations ST(SAO) :
Objective Crop loan facility for Ground Level credit through 3 Tier Structure (MStCB --> DCCB--> PACS).
Limit S.T. (SAO) Refinance facility is provided under NABARD Refinance Scheme. NABARD issues policy circular for sanctioning S.T. (SAO) Refinance by SCB for every financial year.(NABARD Policy for the year 2015-16 : No.23 dated 07 April 2015)
Security Pronotes of PACS endorsed by DCCB in favour of MStCB.
Period One Year
Rate of Interest Prevailing.
2) Medium Term Conversion / Rephasement / Reschedulement Loan :
Objective Conversion of Short Term Agri. Loan (SAO) into Medium Term Loan. Refinance facility is provided under NABARD Refinance Scheme, under occurance of Natural Calamities.
Limit M.T. conversion limit comprises share of NABARD 60%, State Govt. 15%, DCCB 15% & MStCB 10%. NABARD issues policy circular for every financial year. (NABARD Policy for 2015-16 No. 198 dated 21 Sept. 2015)
Security Pronotes of PACS endorsed by DCCB in favour of MStCB.
Period 3 / 5 / 7 Years
Rate of Interest Prevailing.
3) Schematic lending – Investment Credit :
Objective Term loans are sanctioned for Agri.,gri-allied & Non Agri. purposes other than crop loan.
Limit Refinance is sanctioned under NABARD policy. NABARD issues policy circular for every financial year. 1. NABARD Policy for the year 2015-16 No.256 dated 22 April 2015. 2. NABARD Policy for providing Investment Credit under Long Term Rural Credit Fund for 2015-16 No.23 dated 22 June 2015.
Security Pronotes of PACS endorsed by DCCB in favour of MStCB.
Period More than 3 Years
Rate of Interest Prevailing.
4) Sugar Repledge to DCCBs against Pledge limit sanctioned to SSKs
Objective MStCB provides Sugar Repledge to DCCB's against the pledge limit sanctioned by DCCB to sugar factories.
Limit MStCB provides Sugar Repledge to DCCB's against the pledge limit sanctioned by DCCB to sugar factories.
Margin 20%
Security Repledge of sugar stock pledged by sugar factories with DCCB.
Period One Year
Rate of Interest Prevailing.
5) Refinance against Salary Earners Societies :
Objective MStCB provides Refinance facility to DCCB's against finance provided / to be provided by DCCB to Salary Earners Societies
Maximum Limit 80% of Non-overdue outstanding of limit sanctioned by DCCB to Salary Earners Society, Classified as A, B, C.
Margin 20%
Security Non-Overdue Cover Statement of DCCB.
Period One Year
Rate of Interest Prevailing.
6) Ways & Means Refinance :
Objective MStCB provides Refinance facility to DCCB's in the form of Ways & Means for maintaining prescribed liquidity by DCCB.
Maximum Limit Required amount to maintain prescribed liquidity.
Security Promissory Notes. Joint & Several Liability Bond of Board of Directors of DCC Banks
Period Flexible up to one year.
Rate of Interest Prevailing.