How to Apply for PCARDB Sericulture Loan in Irrigated Areas — ₹49,000 to ₹79,000 per Acre

Applications are assessed by the Primary Cooperative Agriculture and Rural Development Bank that receives them.

• Eligibility check: the bank verifies that the applicant resides in Tamil Nadu, is a farmer, is engaged in sericulture on irrigated land, and proposes to use the loan for sericulture.
• Records and viability review: land records are examined alongside current sericulture practices and the financial soundness of the proposal, so that credit goes to someone who can genuinely use it.
• Verification: a field visit or an interview may be carried out to confirm the details in the application and gauge the likely impact of the loan.

Only after these checks does the bank decide whether to sanction the loan.