Farmer Loan Application

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Steps to create Farmer Loan Application

Step 1: Go to Farmer Loan Application list and Click on "Farmer Loan Application"

Step 2:

• Posting Season: Select the posting season

• Posting Date: Posting date will auto filled as per current date

• Vendor Type: Select the vendor type like Farmer or Transporter. If you are doing farmer loan application then please select "Farmer"

• Applicant: Enter the applicant id

• Applicant Name: Applicant name of farmer will auto fetch from applicant id

• Status: Status of the loan application will display here

• Address: Address of farmer will auto fetch from applicant id

• Total Area in Acres (एकर क्षेत्र): Total number of plots for loan

• Loan Amount: Loan amount of farmer

• Loan Type: Enter the loan type

• Branch: Enter the branch name

• Rate of Interest: Rate of interest will auto fetch from loan type

• Repayment Period in Years: Installment numbers will auto fetch from loan type

• Repayment Method: Select the repayment method from Deduction from cane bill, etc.

  
  

Step 3: Bank Details

• Farmer Bank Name: Enter the farmer bank name

• Farmer Bank IFSC Code: Enter the bank IFSC code

• Farmer Account Number: Enter farmer account number

  
  

Step 4: Plot and Installment Details

• Plot No: Plots are registered with farmer name. All registered plots with respect to farmer will display here.

• Total Area in Acres (एकर क्षेत्र): Total area of acres like 3 acres, 2 acers, etc.

• Check: Mark those plots which are approved for loan

• Season: Installment season will auto fetch from number of installment e.g. if number of installments are 2 then season will be 2023-24 and 2024-25.

• Installment: Installment amount will auto fetch from loan type

• Rate of Interest: Rate of interest will auto fetch from loan type

• Grantor: Enter the surety code of grantor

• Surety Name: Surety name will auto fetch from surety code

• Village: Village name of surety will auto fetch from surety name

• Supplier: If loan type is drip irrigation then enter the supplier code

• Supplier Name: Supplier name for drip irrigation will auto fetch from supplier code

• Bank Name: Enter bank name of supplier

• IFSC Code: Enter IFSC code of branch

• Account Number: Enter the account number of supplier

• Account Paid To: Select the account type for amount payable

• Account interest Paid To: Select the account type for interest paid

• Account interest Credit: Select the account type for interest credit

  
  

Step 4: Click on "Save"