Please refer to SMEFD Circular No. 02 dated February 14, 2011 along-with other instructions issued from time to time on the captioned subject.

           In order to facilitate eligible farmers under subject scheme, maximum tenor of loans to farmers for purchase of tractors and other agri. implements has been raised from 3 years to 5 years. However, In order to avoid portfolio concentration in tractor and other implements financing, the aggregate financing under this category shall not exceed 20% of the total allocated guarantee limit of the bank.