Govt. of Karnataka

Crop Loan Waiver Scheme Karnataka: Application forms, eligibility & how to apply?

The Government of Karnataka has announced Crop Loan Waiver Scheme (ರೈತಾರಾ ಸಲಾ ಮನ್ನಾ / ಬೆಳೆ / ರೈತರ ಸಾಲ ಮನ್ನಾ ಯೋಜನೆ) for marginal & poor farmers in the state. Farm loans upto Rs. 2 lakh will be waived off under the scheme. The primary objective of the scheme is to provide financial support to the drought hit farmers & reduce the burden on them.

What is Crop Loan Waiver Scheme: A Karnataka government scheme to provide loan waiver to the debt ridden farmers in the state.

Farmer Loan Waiver Scheme Karnataka Helpline

1077 / 1800 425 3553

Objectives:

  • To reduce financial burden on the farmers
  • To provide financial support to the marginal & poor farmers
  • To provide fresh loans for the upcoming sowing season

Benefits:

  • Loan wavier for loans upto to Rs. 2 lakh

Eligibility:

  • Farmers must be the citizens of Karnataka
  • Agricultural loans by farmers only will be waived off
  • Applicant farmer`s family members must not be in a government or private service
  • Loans only upto Rs. 2 lakh will be waived off
  • Loan taken during between April 2009 to December 2017 only will be considered
  • Loans taken from cooperative banks only are eligible under the scheme

Last Date of Application: 31st December 2018

List of Required Documents for Application:

  • Resident certificate
  • Income certificate
  • Aadhar card
  • Bank passbook
  • Passport size photograph
  • Loan statement
  • Land documents

How to Apply for Karnataka Crop Loan Waiver & Fresh Farm Loans?

  • Farmers in Karnataka can enrol with the commercial banks in their districts
  • Just go to the nearby branch & fill in the application form for the crop loan waiver scheme
  • Provide self-attested photocopies of the required documents
  • Submit your farm loan waiver application
  • The application will be then uploaded to the system by the bank operators
  • Your application will be reviewed by the government agencies
  • Based on the approval loan waiver will be provided

Rs. 903.8 crore loan borrowed by 72,874 farmers from commercial banks & ₹139.38 crore borrowed by 33,886 farmers from cooperative banks will be waived off.

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