Crop Loan Waiver 2018 Government Guideleines

The Government vide G.O Rt No.148 dt 17.03.2020 had issued the Guidelines for implementation of the Crop Loan Waiver Scheme-2018

This scheme will cover short term production loans and crop loans against gold disbursed to farmers in the Telangana State by scheduled Commercial Banks, Cooperative Credit Institutions (including Urban Cooperative Banks) and Regional Rural Banks collectively called as the “Lending Institutions”.

The Amount eligible for waiver will be upto Rs.1.00 lakh (principal together with applicable interest) per family. The farmer family is defined as head of family, spouse and dependent children.

All crop loans sanctioned/ renewed on or after 01.04.2014 and outstanding as on 11.12.2018 are eligible under the scheme.

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