LONG-TERM RURAL CREDIT FUND (LTRCF)

* Under LTRCF, refinance will be provided for Agricultural and Agri-allied activities.
* Refinance @ 95% will be provided for thrust activities and notified areas and 90% for Other diversified activities, viz.

THRUST AREAS:
* Land Development
* Minor & Micro irrigation, drip irrigation
* Animal Husbandry
* Fisheries
* Plantation and Horticulture
* Seed Production
* Tissue culture plant production

OTHER DIVERSIFIED ACTIVITIES:

* Agri-clinics and Agri-Business Centers
* Rural Housing
* Agro-processing and Micro Food Processing

Long-Term Rural Credit Fund (LTRCF) – Refinance limit is fixed every year (For the year(2023-24) – Rs.800 Crore).
For LTRCF, refinance is provided at concessional rate of interest.
As on 31.03.2024, TNSC Bank disbursed refinance to the tune of Rs.163.37 Crores to DCCBs.