Bank of Maharashtra Standardized Loan Application for Agricultural Credit Facilities
Bank of Maharashtra Standardized Loan Application for Agricultural Credit Facilities from Download
The Bank of Maharashtra Loan Application Form for Agricultural Credit is a comprehensive six-page document utilized for diverse farming credit lines (41fba1b9-2… p. 1). It covers production credit, crop loans, Kisan Credit Cards (KCC), and agricultural term loans (41fba1b9-2… p. 1).
Multi-Purpose Scope
- Flexible Credit Intent: Serves as a combined gateway for short-term crop financing and long-term asset-building term loans (41fba1b9-2… p. 1).
- Applicant Classification: Segregates farmers into Small Farmers (SF), Marginal Farmers (MF), or “Others” for targeted credit delivery (41fba1b9-2… p. 1).
- Joint Family Recognition: Features dedicated data inputs to register the “Karta” if applying under a Joint Hindu Family structure (41fba1b9-2… p. 1).
Income & Asset Assessment Profile
The form requires complete accounting of the applicant’s financial position to determine their net worth (41fba1b9-2… p. 3):
| Valuation Category | Specific Metrics & Assets Tracked |
|---|---|
| Land & Crops | Tracking village names, Survey/Khasra numbers, total acreage, irrigated portions, and specific Kharif/Rabi cropping plans (41fba1b9-2… p. 2). |
| Immovable Assets | Current market value of agricultural land, non-agricultural land, homes, farm sheds, and fishing ponds (41fba1b9-2… p. 3). |
| Movable Assets | Current market value of tractors, power tillers, electric motor pumps, and milch/plough cattle (41fba1b9-2… p. 3). |
| Existing Liabilities | Debt tracking across institutional sources including commercial banks, co-operative societies, and land development banks (41fba1b9-2… p. 3). |
Specialized Integrations & Security
- Dairy Sector Verification: Includes an integrated verification block to be filled, signed, and stamped by the Secretary of the local Milk Union (41fba1b9-2… p. 4). It certifies actual milk volumes supplied and total payments received by the farmer (41fba1b9-2… p. 4).
- Credit Security Mapping: Mandates separate tracking for primary security (crops or machinery purchased) and collateral security (where applicable) (41fba1b9-2… p. 4).
- Government Social Security: Logs whether the farmer is already covered under government-backed schemes like PMJJBY, PMSBY, or APY (41fba1b9-2… p. 2).
Document Checklist & Processing Disclaimers
- KYC Checklist: Explicitly requires self-attested proof of identity, recent proof of residence (under 2 months old), land records, and 2 recent photographs (41fba1b9-2… p. 5).
- Acknowledgement Protocol: Provides a customer copy tear-away slip confirming document submission (41fba1b9-2… p. 6).
- Processing Notice: Explicitly clarifies that the receipt of the form does not mean loan acceptance, and formal processing only initiates once all necessary paperwork is submitted (41fba1b9-2… p. 6).
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