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Third Phase Loan Waiver Scheme in AP – Crop and Gold Loan Status on APCBS Portal – 2017

The Government of Andhra Pradesh will be releasing funds for third phase of crop loan waiver scheme (Runa Mafi Scheme) in Andhra Pradesh from 10th September 2017. The fund release and agriculture / crop loan status can be accessed from APCBS portal at apcbsportal.ap.gov.in/loanstatus .

The crop and gold loan waiver scheme in AP has benefited the farmers to a larger extent. The scheme has been successful in reducing the agrarian distress in the state.

Also Read: Check Crop Loan Status in AP on APCBS Portal

Crop and Gold Loan Waiver Scheme GO and Guidelines

The Government of AP has waived off crores of crop loans after assuming power in 2014. The agriculture loan waiver scheme is part of the poll promise of the Telugu Desam Party (TDP).

About Rs. 3600 crores will be credited into the loan accounts of farmers in various banks in the state. Under the third phase of the scheme, funds will be released with 10 percent annual interest on the loan amount. If you find any mistakes in the data, you can file complaints also through portal.

Also Read: Loan Waiver Scheme – Corrections and Complaints

The Government has already deposited about Rs 10000 crores in the bank accounts of farmers in the first and second phase of loan waiver scheme. You can find more resources on crop / agriculture loan waiver scheme of AP here-under.

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