Special Lending Finance For Widows of farmers

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Special Lending Finance For Widows of farmers

The initiative is to be socially responsible and aims at improving the means of livelihood among the families of the farmers who have commited suicide. It takes into account the limited skills and the constraint imposed on the family / widow due to such unfortunate circumstances. Thus, this programme is not construed merely as commercial activity; however the programme also does not envisage the disbursals in the form of non-refundable grants.

Maximum Tenure
60 Months

Interest Rate
0% to Minimal interest rates

Processing Fees
1% + GST

Features and benefits

Interst Rates: Nil to very minimal interest rates

Borrower has flexibility in repay above loan in 2.5 to 3 years based on his / her cash flow pattern which will be decided on case to case basis

Income generating opportunities which could help widow of the affected farmer to start generating income respectfully in the given circumstances and the external environment.

Eligibility Criteria

Agriculture land holding of family

  • Type of agri-land i.e. irrigated / non-irrigated
  • Cropping pattern
  • Last year?s agricultural production
  • No. of dependents
  • Education level
  • Skill set available with dependents
  • Any side business (Current and/or willingness to start)
  • Provided capital is not a constraint, what meaningful activity she could start to support the financial needs of her family.

Documents Needed

The document required to apply for Loans are easy to obtain. Indicated below is the list of documents required to avail a loan against property.

Photo Identity Proof

  • Aadhar card
  • Voter id
  • Valid passport
  • updated Bank passbook with Photo attestation by nationalized bank/Pvt Bank
  • PAN Card
  • ID Proof issued by Panchayat
  • Gram Sevak

Address Proof

  • Aadhar card
  • Ration card
  • Voter id
  • Electricity bill
  • Valid passport
  • Rahivashi Dhakla issued by sarpanch of the village
  • Updated Bank passbook of nationalized bank/Pvt Bank with same address
  • Address proof issued by Gram Sevak
Corporate Office:

Sustainable Agro commercial Finance Ltd, 1st Floor, Marshall Building, Shoorji Vallabhdas Marg, Ballard Estate, Fort,
Mumbai - 400001
Boardline: 022-22101111 / Fax No.: 022-22105555