IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Canara Scheme for Credit to

Crop, development and investment finance for Joint Liability Groups of tenant farmers and other cultivators without formal land records, with no stated overall ceiling.

Interest rateApplicable agricultural rate is not stated on the product page; Canara's current agriculture rate table must be applied for the sanctioned amount and borrower risk.Maximum amountNo overall ceiling; crop scale-of-finance or NABARD/unit costs determine the sanctioned amount.TenureLinked to crop marketing; maximum 12 months for short-duration crops and 18 months for long-duration crops.
Official product page ↗Compare category

Quick eligibility check

Canara Scheme for Credit to

0 of 4 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: No numeric income minimum is published?

Published source: Minimum income

2Do you meet this requirement: eligibility is based on tenant/oral-lessee or land-record status and group assessment?

Published source: Minimum income

3Do you meet this requirement: A generally has 4–10 people undertaking similar or related activities?

4Do you meet this requirement: Eligible members include tenant farmers, oral lessees, sharecroppers and farmers without proper land records?

0 of 4 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; eligible agricultural Joint Liability Groups

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeCrop, development or investment finance to Joint Liability Groups of tenant and record-less farmers.View source
The page describes of 4–10 members and tenant/oral-lessee farmers.
Source
Scheme for credit to
Page / section
Purpose; Eligible farmers
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateApplicable agricultural rate is not stated on the product page; Canara's current agriculture rate table must be applied for the sanctioned amount and borrower risk.View source
The reviewed page gives no numeric interest rate.
Source
Scheme for credit to
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkNot published on the reviewed JLG page.View source
No benchmark is specified on this page.
Source
Scheme for credit to
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR.View source
No is displayed.
Source
Scheme for credit to
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo numeric income minimum is published; eligibility is based on tenant/oral-lessee or land-record status and group assessment.View source
The page specifies farmer status, not an income threshold.
Source
Scheme for credit to
Page / section
Eligible farmers
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNo overall ceiling; crop scale-of-finance or NABARD/unit costs determine the sanctioned amount.View source
Canara states there is no ceiling but requires scale-of-finance or unit-cost assessment.
Source
Scheme for credit to
Page / section
Quantum of Loan
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureLinked to crop marketing; maximum 12 months for short-duration crops and 18 months for long-duration crops.View source
The official repayment row gives the two crop-duration limits.
Source
Scheme for credit to
Page / section
Repayment Period
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNot published on the reviewed JLG page.View source
No processing charge appears.
Source
Scheme for credit to
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot published on the reviewed JLG page.View source
No early-closure charge appears.
Source
Scheme for credit to
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Supports tenant farmers and oral lessees
  • No overall quantum ceiling; /unit costs guide assessment
  • Nil margin up to ₹2 lakh; 15%–25% above
  • Hypothecation of financed assets
  • Repayment linked to crop marketing
  • Up to 12 months short-duration or 18 months long-duration crops

Eligibility

  • A generally has 4–10 people undertaking similar or related activities. Eligible members include tenant farmers, oral lessees, sharecroppers and farmers without proper land records.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • formation and member
  • Cultivation, lease or crop evidence
  • Scale-of-finance or project-cost details
  • Group undertaking and repayment plan

Related official documents

Scheme for credit to JLGsofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Consumption Loan · Eligibility / purposeExisting borrower in calamity-declared rural/semi-urban area

This value is copied from Canara agricultural loan scheme terms. Check the table notes before relying on it.

Source: Canara agricultural loan scheme pages · Eligibility; Quantum; Margin; Security; Repayment Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 4 columnsCanara agricultural loan scheme termsPublished eligibility, limits, rates and repayment rules from four current Canara agricultural loan pages.View tableHide table

Scroll sideways to view every column

Canara agricultural loan scheme terms
ProductEligibility / purposeAmount / rateSecurity / repayment
Consumption LoanExisting borrower in calamity-declared rural/semi-urban area₹15,000; one-year + 0.20%Clean unsecured; 36 months incl. 12-month holiday
CreditTenant/oral-lessee/sharecropper groups of 4–10No overall ceiling; scale-of-finance basedHypothecation; 12 months short crops / 18 months long crops
Produce LoanFarmers storing produce; traders excluded₹75 lakh NWR/eNWR or ₹50 lakh other WHR; 25%–40% marginStock/receipt security; within shelf life, max 1 year
Debt RedemptionIndividual distressed farmer with money-lender debtLower of dues, 150% gross annual income or ₹50,000Clean advance plus land mortgage/co-obligation; 5 years
Canara agricultural loan scheme pages · Eligibility; Quantum; Margin; Security; Repayment · accessed 30 Aug 2026Open official source ↗

More from Canara Bank

Related products

Canara Agricultural DRI Loan

Differential Rate of Interest agricultural loan for very low-income borrowers, up to ₹15,000 for agriculture or ₹20,000 for housing at a simple 4% rate.

View product

Canara Budget

Salaried personal loan for non-speculative domestic needs, with Prime and Delight variants, income-multiple limits up to ₹50 lakh and tenure up to 84 months.

View product

Canara Cash

Loan or overdraft against approved investments, up to ₹20 lakh with security-specific and minimum 30% margin.

View product

Canara Consumption Loan

Small unsecured consumption finance for existing borrowers in natural-calamity affected rural and semi-urban areas, up to ₹15,000 with a one-year repayment holiday.

View product