Departments

Agricultural Product Mortgage Department

Farmers are provided with mortgage loans on the collateral of their agricultural products. During the harvest season, the arrival of produce in the market increases significantly; often, this surge in supply raises the risk of a drop in prices. To prevent farmers from being forced to sell their produce at low rates and to meet their financial needs during this period, the Market Committee implements an 'Agricultural Produce Pledge Loan Scheme' using its own funds, in accordance with the directives of the Maharashtra State Agricultural Marketing Board. Under this scheme, loans are sanctioned to farmers against their produce upon the submission of all necessary documentation.