JDCC Bank announces 750 Crores crop loan target


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Jalgaon district’s apex co-operative bank JDCC bank has announced its highest ever target of Rs. 750 Crores crop loans for this year. This year’s crop loan policy would avail loan to all farmers having paid due outstanding till 31st March and would cover turmeric, ginger and few other crops as well. Bank has reported recoveries of around 65% in last year and had target of 650 Crores last year. It has also announced extending loan limits for onion, Papaya, and many other grains and crops to facilitate farmers. Extension includes availing Rs. 25,000 per hectare for cotton, Rs. 30,000 for onion and Rs. 25,000 for papaya.

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