Crop Loan Bank’s offers financial assistance to meet cultivation expenses for various crops as short Term Loan. Eligibility With a repayment period not exceeding 18 months, the Crop Loan is extended in the form of direct finance to cultivators, Agriculturists, Tenant farmers and Share Croppers who actually cultivate the lands are eligible for these loans. All categories of farmers - Small/Marginal (SF/MF) and others are included. The Bank verifies the following aspects before granting the loan: Service Area Approach Land records to ascertain cultivation rights. Acreage under different crops Scale of finance per acre. Sources of other borrowings eg. Co-operative Societies and Banks. Margin Loan amount upto Rs.10,000 NIL Over Rs.25,000 15% to 25% Collateral Amount of Loan Security to be furnished Upto Rs.10000 DPN/loan agreement only Rs.10000 and upto Rs.25000 Hypothecation of crops. Above Rs.25,000 Hypothecation of crops and mortgage of land (or) third party guarantee