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Farmers Now Told to Obtain NOC for Crop Loan
The New Indian Express Dharmapuri
|July 19, 2025
Co-op dept revokes order on checking CIBIL report before disbursing loan; being burdened, say farmers' associations
FARMERS seeking loans must obtain a No Objection Certificate (NOC) from a manager of a nationalised bank, ordered the Cooperative Department through a circular on Thursday. This change in the norm follows its revocation of an earlier order seeking CIBIL report from farmers seeking loans.
The state registrar of the Tamil Nadu Cooperative Department had issued an order on May 26 that for obtaining all types of loans, including crop loans, through the Kissan Credit Card, the farmers' CIBIL report must be checked before the loans are disbursed.
Cette histoire est tirée de l'édition July 19, 2025 de The New Indian Express Dharmapuri.
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