Jharkhand Interest Free Farm Loan Scheme was announced on dated 29 -11-2018 by the Chief Minister Mr.Raghubar Das. Under Zero Interest Loan Scheme State Government will bear the interest rate for the period of one year. Jharkhand Interest Free Farm Loan Scheme was announced on Global Agriculture & Food Summit 2018 placed in the Ranchi. The condition in Jharkhand CM Zero Interest Loan Scheme is that farmers have to pay back the loan to the bank within one year.
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Zero Interest Loan Scheme Details
This Zero Interest Loan Scheme is only for the farmers of the states. Under this Zero Interest Loan Yojana of Jharkhand state farmers (AnnaData) will get interest free rate for a year. The Government will pay entire interest. This Scheme will be applicable only for fresh loans. Jharkhand State Farmers may apply for Interest Free Farm Loan from the next year in any cooperative banks, public sector banks, and regional rural bank.
CM Zero Interest Loan Scheme Detail
| Scheme Name | Interest Free Farm Loan Scheme |
| Launched by | Chief Minister Mr. Raghubar Das |
| Launched Date | 29 -11-2018 |
| Start to apply | Year 2019 |
| Category | State Govt. Scheme |
| Objective | To credit at zero interest |
Benefits of Zero Interest Loan scheme
- Any farmers can apply for the scheme.
- The loan will be sanction for one year at 0% interest.
- Secure and easy to get credit.
Eligibility for Interest Free Farm Loan Scheme
- AADHAR Card
- Pan Card
- Address proof
- Domicile
- Agriculture land papers
Interest Free Framers loan scheme
At the occasion of Agriculture & Food Summit 2018 Government has announced a number of Schemes for the farmers of the state.The objective of announcing these entire schemes are to double the Famer’s income. The Jharkhand State Government announced schemes for three sectors the first one are cultivation second is cattle rearing for dairy and the third are solar farming on barren land.
Global Agriculture & Food Summit 2018 all scheme benefits
| Scheme Name | Benefits |
| Interest Free Farm Loan Scheme | Loan will be provided to the farmers at 0% interest |
| cattle rearing dairy Scheme | 50 per cent subsidy will be given by Govt. |
| solar farming Scheme | Subsidy wi,l be given on solar project installation |
How to apply for Interest Free Farm Loan Scheme
The aspirants who are eligible under the Interest Free Farm Loan Scheme may apply in any cooperative banks, public sector banks, and regional rural bank branch from the year of 2019. This time there is no additional information available. We will update all related information related to CM Zero Interest Loan Scheme so be stay with us.
Important Links
| Central govt. Scheme | Click Here |