|
Incentive schemes
|
Criteria
|
Amount
|
Remarks
|
|
1. Special incentives
|
| a) Printing Subsidy |
For PCARDBs which disbursed loans
above Rs.125 lakhs.during the financial year or in proportion. |
Rs.10000/- (maxi.) |
|
| b) Lending performance - incentive
|
For PCARDBs in full achievement
of Scheme and Non-farm lending against the target allocated during
the financial year or in proportion of Rs. 1000/- per each 10% achievement.
|
Rs.10000/- (maxi.) |
|
| c) STC training participation
|
For 100% deputation to STC training
by PCARDBs during the financial year or in proportion. |
Rs.10000/- (maxi.) |
|
| d) Prompt Submission of Returns
|
For prompt submission of all/ monthly
returns by PCARDBs before 10th of succeeding month. If
delays any one, or all returns it will be reckoned as a month and
proportionate amount will be paid. |
Rs.5000/- (maxi.) |
|
| 2. Collection incentives:
|
| a) Collection incentives
|
For the amount of Rs.200 lakhs.or
more collected by PCARDBs as on 30th June will be as
follows/ or in proportionate: Overdue below 5%
Overdue between 5.01-15%
Overdue between 15.01-25%
Overdue between 25.01-35%
Overdue between 35.01-40%
Overdue above 40% |
Rs.40000/- Rs.35000/- Rs.30000/- Rs.25000/- Rs.20000/- Rs.10000/-
|
(Based on the DCB as on 30th
June ) |
| b) Collection Cash award
|
For the PCARDBs with loan outstanding
above Rs.50 lakhs and cash collection of more than Rs.15 lakhs as
on 30th June and no arrears.
Overdue below 1%
Overdue between 1.01to 10%
Overdue between 10.01 to 25%
Overdue between 25.01 to 40% |
Rs.15000/- Rs.10000/- Rs.7500/- Rs.5000/- |
|
| c) Recovery Improvement (Spl.
Award) |
For the PCARDBs which shows a better
recovery compared to previous year’s level will be rewarded as follows(
i.e. Recovery improvement):
- Recovery impro.by: 1 to 5% and amount collected is Rs.10
lakhs or more.
- Recovery impro.by: 5.01to10% and amount collected is Rs.25
lakhs or more.
- Recovery improve.above10% and amount collected is Rs.40 lakhs
or more.
|
Rs.5000/-
Rs.10000/-
Rs.15000/-
|
|
| 3. Cash credit interest margin
incentive |
- Interest margin on CC facility availed by PCARDBs will be
reimbursed- i.e.; the difference between CC rate & actual
lending rate
|
100% ( of the margin) |
Will be given once in 6 months |
| 4. Cost of special Sale Officers
posted at PCARDBs (from dept. of co-operation) |
- The cost of special sale officer posted will be subsidised
by KSCARDB
|
50% (of the cost) |
Will be given on half yearly/annual
basis |
| 5. Cost of Agricultural Officers
posted at PCARDBs (from the Apex bank ) |
- 1st Agricultural officer posted
- 2nd Agricultural officer posted
|
100% (of the cost)
25% (of the cost) |
Salary from the Apex bank and being
settled on monthly basis |
| 6. Best farmer award (cash award
once in 3 years): |
- Best farmer at district level
(14 no.s)
- Best small farmer at district level (14 no.s)
- Best farmer at state level (1 no)
- Best small farmer at district level
|
Rs 15000/- (Each)
Rs 15000/- (Each)
Rs 100000/- (Each)
Rs 100000/- (Each) |
(Modified scheme since 2000) |
| 7.Office building Construction
loan (to PCARDBs) |
Loans will be given either for constructing
office building or purchase of ready built building. |
Max Rs.15 lakhs or 2/3rd of the
estimated cost which ever is less. |
|
|
8.Office vehicle purchase loan (to PCARDBs)
|
Purchase of new vehicle only. |
Max.Rs. 1.50 lakhs |
|
|
9. Computerisation of PCARDBs
|
- Development of ‘Common Application Software’-the cost of
development.
- Purchase and installation of Computer hard wares, Peripherals
and system Softwares-the cost towards
|
100% cost will be meet by KSCARDB
The cost will be interest free loan & which will be recovered
in 5 annual installments
|
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