As we all know, the government of Telangana launched various schemes for the citizens of the state to provide them various benefits, and now the government released another scheme which is called Telangana 2 Lakh Farm Loan Scheme for the year of 2024. With the implementation of this scheme, the government will provide 2 lacks farm loan facilities to the farmers of the state to make then self-reliant. Those who want to get this beneficial opportunity must registered themselves through the link given in this article, till now get all the details such as benefits, eligibility criteria, registration process, objectives and other details as well.
Telangana 2 Lakh Farm Loan Scheme 2024
The government of Telangana launched another scheme for the farmers of the state to provide them financial assistance so that they can be self reliant and no longer need to rely on others. Under this scheme, the government will provide 2 lacks farm loan facilities among farmers who are needy and financially unstable, so with that farmers will be able to become independent and they can fulfil needs of their families and also in farming fields. Beneficiaries who are looking forward to this beneficial opportunity are advised to check all the necessary details that is mentioned in this article and then make a registration through the link given in this article.
Key Highlights of Telangana 2 Lakh Farm Loan Scheme 2024
|Name Of Scheme
|Telangana 2 Lakh Farm Loan Scheme
|Started In Which State
|By Telangana State Government
|All farmers of the state
|Under this, the government will provide loan facilities for up to 2 lack to the farmers of the state to make then independent and self reliant.
Objective of Telangana 2 Lakh Farm Loan Scheme 2024
The main objective of this scheme is to provide financial assistance in a face of loan for up to 2 lacks rupees which will be given to all the farmers who have registered under this scheme. With the implementation of this scheme, the government want to make sure that, the financial needs of farmers will get fulfilled and it will be helpful in their farming as well. All the beneficiaries who are farmers and financially unstable willing to get this beneficial opportunity are advised to make a registration and get the opportunity. All the details are available in this article, kindly read it carefully.
Loan Waiver Amount Under Telangana 2 lakh Farm Loan Waiver Scheme
The Telangana 2 lakh Farm Loan Waiver Scheme, launched in the state, aims to alleviate the financial burden on farmers. Under this initiative, agricultural loans up to Rs 2 lakh taken by farmers will be waived off by the respective banks. This measure is designed to provide relief to farmers who are struggling with debt, thereby facilitating their financial stability and promoting agricultural sustainability in the state.
Benefits of Telangana 2 Lakh Farm Loan Scheme
- the implementation of this scheme, the government will provide agricultural loan facilities to all the farmers of the state for up to 2 lacks.
- Through this scheme, the government willing to make them self reliant and independent, because we all know farmers suffer a lot die to climate change process, so this opportunity will be beneficial for them.
- With the help of this initiative, farmers will get encouraged to do more farming and also they will get financial help by the government of the state.
- Beneficiaries who want to get this loan opportunity can now apply for this scheme before the deadline.
Following are the details of finance offered under the scheme.
- Farmer Loan Waiver – up to 2,00,000
- Fund needed – 40000 Crores
- To get this opportunity, beneficiary should be the resident of Telangana state.
- Only farmers are eligible to apply under this scheme.
- Those farmers who have land with crops in it can avail this beneficial opportunity.
- Those farmers who are currently doing their farming are also considered to be eligible for this scheme.
Required Documents List
- Aadhar card
- identity card
- family ration card
- income certificate
- Address proof
- bank passbook
- loan account passbook
- land freeze
- passport size photo
Registration procedure Under Telangana 2 Lakh Farm Loan Scheme 2024
Those beneficiaries who are looking forward to it are advised to check all the necessary details because the government haven’t released the website list yet. Till then, gather all the necessary documents and check the details we will soon provide you access to the application process through our article.