PSB Bank PSB Agriculture Credit Loan Application from Download

This document is the 5-page Punjab & Sind Bank (PSB) Loan Application Form for Agricultural Credit (Loan_Appli… pp. 1, 5). It serves as a comprehensive application for accessing production credit, crop loans, Kisan Credit Cards (KCC), or agricultural term loans (Loan_Appli… p. 1).

• Diverse Financing: Covers Production Credit, Crop Loans, KCC, and Agri-Term Loans (Loan_Appli… p. 1).
• Target Groups: Form captures specific farmer categories, including Small Farmers (SF), Marginal Farmers (MF), or Others (Loan_Appli… p. 1).
• Joint Hindu Family Entry: Provides a dedicated field to record the Name of the Karta if applying as a joint family unit (Loan_Appli… p. 1).

• Land Ownership Status: Requires granular records of total land holdings, forcing applicants to specify if they are the owner, lessee, or share-cropper (Loan_Appli… p. 2).
• Crop Details: Applicants must detail specific land/crop patterns across Kharif, Rabi, and other seasonal crops, alongside detailing the source of irrigation (Loan_Appli… p. 2).
• Movable & Immovable Declarations: Tracks all physical assets like agricultural land, farm sheds, fishing ponds, tractors, power tillers, and livestock (plough/milch cattle or poultry) (Loan_Appli… pp. 2-3).
• Net Worth Formula: The bank computes the actual credit eligibility by utilizing a strict mathematical formula: ((Total Immovable Assets + Total Movable Assets) – Existing Liabilities) (Loan_Appli… p. 3).

• Dual Security Disclosures: Demands detailed splits of both the Primary Security offered and any separate Collateral Security (Loan_Appli… p. 3).
• Liability Audit: Mandates full transparency regarding existing overdues or outstanding loans with other commercial banks, agricultural credit societies, or government bodies (Loan_Appli… p. 3).
• Guarantor Background: Third-party guarantors must sign and explicitly list their personal details, occupations, and individual net worth (Loan_Appli… pp. 3-4).

• KYC Proofs: Requires a self-attested identity proof (Voter ID, DL, PAN, Aadhaar, or Passport) and proof of residence not older than 2 months (Loan_Appli… p. 4).
• Land Records: Original or official particulars of land records must be attached (Loan_Appli… p. 4).
• Misrepresentation Penalty: The declaration explicitly states that any misrepresentation of outside borrowings will completely disqualify the applicant from receiving bank credit (Loan_Appli… p. 4).
• Conditional Acknowledgement: The receipt provided is merely an acknowledgement of delivery and does not indicate loan acceptance (Loan_Appli… p. 5). The bank will only review the file after every single document is received (Loan_Appli… p. 5).

If you are going to complete this application, tell me:

• Are you seeking a short-term Crop Loan/KCC or a long-term Agri-Term Loan (e.g., for purchasing a tractor or setting up a farm shed)?
• What is your primary source of irrigation for the plots you are enrolling?

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