Primary Cooperative Agriculture and Rural Development Bank: For Plantation (Tea)
By Co-operation, Food and Consumer Protection Department, Government of Tamil Nadu
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Quick Answer
A loan of up to ₹33,000 per acre for Tamil Nadu farmers to set up or expand tea plantations, at 11% to 12.5% interest.
- Funding amount
- Varies
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Tamil Nadu
About this loan
Farmers in Tamil Nadu can take a loan to set up new tea plantations or expand existing ones. The loan is up to ₹33,000 per acre, at an interest rate of 11% to 12.5%.
The scheme is run by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, under the Primary Cooperative Agriculture and Rural Development Bank: For Plantation (Tea). The money can go on land preparation, tea saplings, irrigation systems and initial running costs. The department says the rates are meant to ease the cost barrier for small and marginal farmers.
You must be a bona fide resident of Tamil Nadu and actively farming. You must use the loan only to develop or maintain tea plantations.
Eligibility
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Grant providers
Provider
Co-operation, Food and Consumer Protection Department, Government of Tamil NaduChennai · Tamil Nadu · India
The Co-operation, Food and Consumer Protection Department is a Tamil Nadu state government department, headed by the Minister for Cooperation. It oversees the cooperative societies and banks across the state, and the loans in its citizen's charter are issued by those bodies…
Learn moreBenefits & Funding
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
The scheme offers essential financial support in the form of a loan, providing up to ₹33,000 per acre for eligible tea plantations. This capital aims to cover various expenses related to establishing or expanding tea cultivation, including land preparation, purchasing quality tea saplings, irrigation systems, and initial operational costs. The loan is provided at a competitive interest rate, ranging from 11% to 12.5%, making it an affordable financing option for farmers. This financial assistance is critical for empowering farmers to adopt sustainable farming practices, increase their yield, and contribute to the overall growth of the tea industry in Tamil Nadu. Beyond the direct monetary benefit, the scheme indirectly offers stability and growth opportunities for agricultural entrepreneurs in the region.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Once applications are submitted, the Primary Cooperative Agriculture and Rural Development Bank will undertake a thorough review process. This typically involves verification of the submitted documents, including land records, residency proof, and financial statements, to ensure compliance with the scheme's eligibility criteria. A field visit may be conducted to assess the existing or proposed tea plantation site and evaluate the farmer's commitment and capability. Based on this comprehensive assessment, the bank's internal committee will make a decision regarding the loan approval. The process is designed to ensure that financial assistance reaches deserving farmers who can effectively utilize the funds for sustainable tea cultivation.
Application Process
- 1
Collect Application Form
Obtain the application form from the Primary Cooperative Agriculture and Rural Development Bank.
You - 2
- 3
- 4
- 5
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
Who is eligible for this loan scheme?
The scheme is open to farmers who are residents of Tamil Nadu and are interested in or actively involved in tea plantation activities, and intend to use the loan specifically for this purpose.
What is the maximum loan amount I can avail?
Eligible farmers can obtain a loan of up to ₹33,000 per acre for their tea plantations. The total loan amount will depend on the acreage of the plantation.
What are the interest rates for this loan?
The interest rates for the loan range from 11% to 12.5% per annum, subject to prevailing bank policies and periodic revisions.
How can I apply for the tea plantation loan?
You need to collect the application form from the Secretary or Special Officer of your nearest Primary Cooperative Agriculture and Rural Development Bank, fill it out completely, attach all required self-attested documents, and submit it back to the bank. Remember to obtain an acknowledgment receipt.
What documents are typically required for the application?
While the exact list may vary, generally, you will need proof of identity, proof of residency in Tamil Nadu, documents proving land ownership or cultivation rights for the tea plantation, and potentially financial statements or income proof. All copies should be self-attested.
Is there a deadline for submitting applications?
The scheme does not specify a fixed deadline and appears to accept applications on an ongoing basis. It is advisable to contact your local Primary Cooperative Agriculture and Rural Development Bank for the most current application window information.
