AP Loan Waiver List – Eligible Farmers for Crop Loan and Gold Loan – Runa Maafee Scheme

The Government of Andhra Pradesh is proposed to announce the list of eligible farmers under the Crop Loan and Gold Loan Waiver scheme (Runa Mafee Scheme). The list is being prepared and finalised by the concerned authorities before formal announcement. The scheme is aimed at waiving agriculture / crop loans and gold loans upto 1.5 lakhs per each family. Following are details of eligibility conditions for the scheme:

Crop Loans and Gold Loans:

The Scheme applies to crop loans including gold loans sanctioned for raising crops only. The loans may be given by Scheduled Commercial Banks, Regional Rural Banks, and Cooperative Banks through their branches and societies. Loans given by Urban Cooperative Banks are covered in this scheme.

Apart from these, loans given to PACCS (Primary Agriculture Cooperative Credit Societies) and FSCs are also covered under this waiver scheme.

Cut Off date for loan waiver:

The loans disbursed by the above mentioned banks for crop purposes upto 31 December 2014 and outstanding amount on these loans upto 31st March 2014 (including interest) are eligible for loan waiver (Runa Maafee) scheme. The scheme will be applicable for the repaid loans as well.

The Government has made it clear that the loans sanctioned for working capital needs of the agriculture related activities like fisheries, poultry, dairy and agriculture produce are not eligible under this scheme. The Government of AP will be releasing the list of eligible farmers under crop loan and gold loan waiver schemes.