DR.D.Y.

PATIL COLLEGE OF AGRICULTURE BUSINESS MANAGEMENT

AKURDI, PUNE-411044.
(AFFILIATED TO MAHATMA PHULE KRISHI VIDYAPEETH, RAHURI)

Student Ready Programme

2021-2022
• Name: Rushikesh Balwant Kale
• Reg. No.: ABMP-2017/38
• Credit: 0+10
• Project Title: Study of Commercial Banks/Regional Rural bank/Co-operatives.
• Agri-Business Specialist:
• Co-Ordinator:
• DI’s Nominees: Prof. Deokate mam
 Introduction
A research project titled “A study of Role of Co-operative society in implementation of rural banking schemes” There are
several schemes, assistance and many benefits being provided to the agriculture sector for its development. The
agriculture subsidies are integral part of the farmers in India. The agriculture subsidies play a vital role in the growth of
agriculture sector in every country. Every year government of India spends a lot of money in various agriculture subsidies
for the growth of agriculture sector.
• The Indian Co-operative Movement has earned distinction of being the largest in the world. This is true in terms of
membership and Co-operative network which spread over almost all the villages in the country and the number of Co-
operative Societies. In our country, there are about 5.5 lakhs of cooperative Societies with membership of more than
22crores. It covers a wide range of commercial activities and nearly 50% of them are engaged in agriculture and
agriculture related matters. Nearly 70% of the Indian population being dependant on agriculture, is thus, connected with
agricultural Co-operatives. Co-operatives have covered 100% of villages and 67% of rural households. Co-operative
sector contributes 50% of total agricultural credit and distributes 35% of total fertilizer consumption in the Country. They
are procuring 60% of total sugar-cane. They are also playing crucial role in the agro-processing sector i.e. processing of
sugar-cane, milk, cotton and oil seeds etc. Dairy Co-operatives have excelled in their area of operation and have enabled
India to attain top position in milk production in the world. Edible oil marketed through Co-operative channel is
estimated at 50% and handloom Co-operatives account for 55% of the total out-put.
 Importance of Co-operative Society

 This study will provide overall information regarding the government schemes provided by Co-operative bank
specially for the agriculture sector.

 This project will guide the farmer regarding the rural banking schemes available for him and provide details
regarding the subsidies under various schemes for agriculture.

 The project will help the management student to know the various rural banking schemes routed through Co-
operative bank for agriculture purpose.
 Societies provides short-term KCC/Crop loans to the farmers.
 Societies also implements the GoI sponsored Crop Insurance Scheme from 1985.
 Zero percent interest is offered on education loans and Society godown
 Co-operative societies are mainly directed towards agriculture, tiny/small scale industries and small business
enterprises
 Cooperatives help farmers by providing top quality fertilizers, seeds, insecticides, pesticides etc at reasonable
price.
 Objectives

• 1. To study the organizational structure of the Prerana Cooperative Bank Ltd.

• 2. To evaluate various banking and non-banking functions of Prerana Cooperative Bank Ltd.

• 3. To study the different types of lending practices performed in the Prerana Cooperative Bank
Ltd.

• 4. To evaluate the financial feasibility of the Prerana Cooperative Bank Ltd.

• 5. To study the various problems and suggest suitable policy measures for the improvement of the
financial performance of Prerana Cooperative Bank Ltd.
 Review of literature
Financial cooperatives plays an important role in the financial systems of many countries.
They acts as a safe haven for deposits and are major sources of credit for households and small and medium sized
firms.
A not - for- profit orientation (in many cases) and a focus on maximising benefits to members have ensured the
enduring popularity and sustainability of financial cooperatives.
This is particularly evident since the global financial crisis when financial cooperatives continued to extend credits to
members as many profits – orientated commercial bank restricted credit to households and firms.
The overarching theme of the first part of this review is the structural and behavioural characteristics of financial
cooperatives. In this part we consider, the origin and diffusion of financial cooperatives, network arrangements, the
business model, relationship banking, balancing the interest of members, tax treatment and regulatory framework.
The second part has performance and contribution to the real economy as the overarching theme.
In this part we consider, efficiency and sustainability, mergers, acquisitions and failures, the benefits (and
challenges)
of FinTech and the contribution of financial cooperatives to the real economy including during times of crisis.
The paper concludes with a summary of what we now know (and do not know) about financial cooperatives and
provides suggestions as to where future research may usefully concentrate.
• Cooperative financial institutions comprise a variety of member-owned financial intermediaries variously referred to as
credit unions/caisse populaires, savings and credit cooperatives, cooperative banks and Shinkin Banks. Credit
unions/caisse populaires have a strong presence in North America, while cooperative banks are the dominant
organisational form in many European countries. The institutional structure, legal and regulatory status, product
offerings and business models varies across countries, and especially between advanced and emerging countries (
Cuevas & Buchenau, 2018; Cuevas & Fischer, 2006). For example, credit unions/caisse populaires are not-for-profit
entities, which provide services to members. Shinkin banks are also not-for-profit but restrict loans to members while
accepting deposits from non-members. Cooperative banks are for-profit organisations that provide services to both
members and non-members. However, unlike shareholder-based commercial banks, cooperative banks do not seek to
maximise profits but rather generate profit in order to bolster capital and fund long-term growth.
• Four cooperative principles shape the structure of cooperative financial institutions and set them apart from
shareholder-based banks. Self-help: Cooperatives are member-owned and member-governed financial organisations
that aim to achieve pre-determined economic and social objectives. Identity: A majority of cooperatives have a
membership that is concentrated at a local or regional level and cater to the financial needs of individual members,
community groups and small firms. Democracy: Each member has only one vote, irrespective of how many shares held.
This reduces the ability of any one member or group of members to impose a controlling influence on the direction of
the institution. Cooperation among cooperatives: Considered individually, financial cooperatives are often small.
However, as they do not typically compete with each other (due to self- or regulatory-imposed limits on geographic
spread), they have formed cooperative arrangements that have enabled them avail of scale and scope economies. In
Europe, cooperative banks have developed prominent central institutions and formed network alliances. These
networks range from loose associations to cohesive groups, and can be simple or complex multi-levelled structures (
Bülbül, Schmidt, & Schüwer, 2013; Fonteyne, 2007).
 Research Methodology

Meaning:-
Banking industry is the backbone of Indian economy. It has a vital role to play in economic development of the
country. Any major deficiency, in its functioning may contribute to the adverse affect on the country’s financial
system. The unprecedented branch expansions and its geographical coverage the banking facilities made available
to the poor masses and class banking shifted to the “Mass Banking”. There is well developed banking system in our
country.
Methodology:-
Research methodology for our study includes following components:-
a) Survey of the locality
b) Selection of the location for research
c) Collection of the data
d) Analysis of the data collected
• Data Collection:

• The research methodology helps to know the qualitative or quantitative techniques used. So, it is one of the most
important factors in the research work. The sources of data are as follows:

a) Survey of the locality:-

A survey of locality was carried for selection of the banking institution of the study. In this survey several villages in
locality was selected for selection of the banking institution. Various villages which were part of the villages are as
follows:-
Chikali, Moshi, Alandi, Charoli, Dighi .
b) Selection of the bank for study:-

From above five surveyed villages I selected Chikali village and Prerana Cooperative Bank Ltd society, Chikali for
study purpose.
Name of the bank selected:- Prerana Cooperative Bank Ltd society ,
Address:- A/P- Chikali, Tal- Haveli, Dist- Pune (411033)
c) Collection of data:-
a) Primary Data:-
i. Discussion and interviews:- The detailed discussions with persons directly and indirectly related with the
cooperative society were consulted.
ii. Record:- I collected the published record i.e. Annual Reports and other published material time to time from
bank etc., various articles in daily “The Economic Times”, and weekly “Commerce”.
iii. Questionnaire:- A detailed and comprehensive questionnaire was prepared for manager of the bank and their
customers, and pilot study was made to test the questionnaire. With the help of pre-tested questionnaire
necessary information was collected.
b) Secondary Data:- For the purpose of this study, the secondary data was collected from different standard books
on banking system in India, Co-operative Banks in India , journals, articles, annual reports of the banks,
periodicals, publications etc.
d) The tools used for data analysis:

a. Internet.

b. Books and Journals.

c. Company reports i.e. Annual reports.

d. Research work of others.

e. Instrument of Data collection: Questionnaires.

Indian Banking Structure-
Public Sector Banks Private Sector Banks

 State Bank of India (SBI)  Bank of Punjab

 ICICI Bank (Industrial Credit and Investment Corporation of  Axis Bank
India)  Bank of Rajsthan
 HDFC Bank  Catholic Syrian Bank

 Axis Bank  City Union Bank

 Dhanlakshmi Bank
 Kotak Mahindra Bank
 Development Credit Bank
 IndusInd Bank
 Federal Bank
 Bank of Baroda
 HDFC Bank
 Bank of Maharashtra
 ICICI Bank
 Bank of India
 IDBI Bank
 Canara Bank
 Indusind Bank
 Central Bank of India
 Jammu and Kashmir Bank
 Indian Overseas Bank
Punjab National Bank  karnataka Bank
 KarurVysya Bank
 Lakshmi Vilas Bank
 South Indian Bank
 United Western Bank
 Current scenario of Co-operative society, india

Co-operative societies in india – 20624

Co-operative societies in Maharashtra – 1864

In crores

Share capital Reserves Deposits Borrowing from

NABARD
4567.28 16535.37 99926.64 65172.07
 Co-operative Society

Prerana Cooperative Society Ltd

Chikhali
 INFORMATION OF THE SOCIETY
NAME : Prerana Cooperative Society Ltd

Branch : Chikhali

Address : A/P.-Sane Chowk Chikhali , Tal.-Haveli, Dist.-Pune

Registration Number : PNA/BNK/115/1998

Year of Establishment : 5 Oct 1998

Audit class : “A”

2. AREA OF OPERATION:-
-The area of operation of the society is limited to Haveli Taluka.

ABOUT THE SOCIETY :-

-Society has its own building.
-The working of society is carry out through the year.
-Working Hours is from 10.00 am to 5.00 pm.

MANAGEMENT:-
-As per the law of society , the affaires are managed by an elected board member.

-The last election of directors were held in the year 2020 and members had been elected.

-As per the laws of society , the term of chairman is 5 year.

 Functions Of Bank

1. Savings Account
2. Current Account
3. Fixed Deposit Account
4. Lending
5. Kissan credit cards
6. Recovery
7. Social security schemes
8. Financial literacy Centre
9. Deposit mobilization
The Initiatives Taken by Government of India For Agriculture Sector-

• In the last phase (2005-2013) few efforts have been made to address these issues – arresting the decline in investment in
agriculture, making farming viable and improving farmers’ income, increasing food production and providing economic
access to food to large sections of population.
• Rastriya Krishi Vikas Yojana (RKVY) was started in 2007 mainly with the objectives of incentivizing states to increase
investment in agriculture (because agriculture is a state subject) and use this investment to address felt-needs of the
farmers. To meet these two objectives, it has been made mandatory for states to maintain or increase their trend growth in
expenditure on agriculture (as a proportion of total expenditure), and also make district agricultural plans (DAP) through
a bottom-up planning process for the entire state.
• States have to meet both these requirements to be able to access RKVY funds. The initial results show improvement in
the growth rate of GCFA after the program as compared to the preceding period. The agri-GDP growth rate has also been
higher and more stable during this period (Fig 1 and Fig 2). However, people’s participation in preparation of district
agricultural plans has been minimal.
• The second major program is aimed to increase food production by the end of the 11th FYP. The National Food Security
Mission (NFSM) was launched in 2007 with the limited objective of increasing the production of rice, wheat and pulses
by 10, 8 and 2 million tonnes respectively by the end of the 11th FYP. The program, like the green revolution period,
focused on select districts across the country for each crop. Results indicate that the program has managed to achieve the
targeted production for each of the crops.
• The third programme is the National Food Security Act (NFSA), with the main objective of providing economic access to
food. Under this program an entitlement of 35 kg of food-grain per month per AAY household and 25 kg per month per
priority household (to be decided by the state governments) at a price of 3/2/1 for rice/wheat/millets for three years have
been created. In all, about 75 per cent of the rural and 50 per cent of the urban population is covered..
Schemes being operated by the institution under the auspices of financial institution
such as NABARD etc

Under NABARD
1.Kisan Credit Cards
2.Rupay Card
3.Dairy Development Scheme
4.National Livestock Mission
5.Self Help Group
6.Agro Clinic Agri Business Centre Scheme
7. Rajiv Gandhi House Scheme
8. Interest Sub Venation Scheme
9. National Horticulture Development Scheme
10.Two Hybrid Cow and buffalo buying scheme
11.Drip and Sprinkler Irrigation Scheme
 Documentation of
Agricultural loan
Declaration form
1. Application of
form
Undertaking
(Proof of Identity-This may includes Adhar card. Voter ID, passbook, Driving license etc.
authority Form 135 (Assets
Proof of address -Residential Address/Current address, PAN Card. Valid photo identify proof)
and Liabilities)
2. Declaration form of Undertaking authority
3. General form of Guarantee
4. Composite Hypothecation Agreement
5. Letter of authority to make payments directly to dealer
6. Letter of continuing security
7. Letter of installments with acceleration clause
8. DP Notes (Demand promissory )
9. Form 135 (Assets and Liabilities)
Letter of
installments
with
Letter of authority to make acceleration
payments directly to dealer clause
 Loans for Agriculturist

Crop Loan: 

These types of loans are also known as Retail Agri Loans is a type of loan which allows a farmer to meet his short-term expenses
arising due to cultivation of crops, maintenance of farm equipment, and other post farm activities. The farmer gets a credit card
called the Kisan Credit Card on availing this type of loan which they can use to withdraw money to make necessary purchases to
meet their farming needs. 

Agricultural Term Loan: 

These are long term loan schemes which a farmer can avail to meet their non-seasonal expenses. One can avail this loan to buy or
upgrade equipment such as windmills, solar power, etc. The repayment tenure for such kind of loan schemes can go up to 4 years
allowing the farmer to repay the amount in a convenient manner.  
Loan for Allied Agricultural Activities: 

Farmers involved in allied agricultural activities can apply for such type of loans if they need to raise working capitals to meet their
farming expenses. 

Farm Mechanisation Loan: 

If a farmer requires working capital so that they can either purchase new farming machineries or upgrade their existing ones such as
purchasing a new tractor or getting an old one repaired, then they can apply for these types of loan schemes.

Horticultural Loan:

Farmers involved in setting up vegetable farms and orchards can apply for a horticultural loan which not only allows them to meet the
cost of managing such type of farms, but also helps in meeting the expenses related to other horticulture activities such as clearing
wild trees, setting up fence, etc.

Some of the banks who provide Agriculture Loan India 

 Various type of security taken agriculture loan

Sr.no Hypothecation Mortgage

1. Tractor Land

2 Gold Building

3 Livestock Farm house

4 Vehicle Business
 The schemes which are routed through Co-operative banks are as listed below:

Agri clinic and Agribusiness Centres Scheme:

The ACABC scheme is being implemented by Ministry of Agriculture and Farmers’ Welfare, Government of India, with NABARD
acting as subsidy channelizing agency.

The Objectives of the scheme are –

i. To supplement efforts of public extension by necessarily providing extension and other services to the farmers on payment basis
or free of cost as per business model of agri-preneur, local needs and affordability of target group of farmers.
ii. To support agricultural development.
iii. To create gainful self-employment opportunities to unemployed agricultural graduates, agricultural diploma holders, intermediate
in agriculture and biological science graduates with PG in agri-related courses.
 
 Agri-Business Centres
 

Agri-Business Centres are commercial units of agri-ventures established by trained agriculture professionals. Such
ventures may include maintenance and custom hiring of farm equipment, sale of inputs and other services in
agriculture and allied areas, including post-harvest management and market linkages for income generation and
entrepreneurship development. 

The scheme covers full financial support for training and handholding, provision of loan and credit-linked back ended
composite subsidy. 
 National Livestock Mission: 

National Livestock Mission is an initiative of the Ministry of Agriculture and Farmers’ Welfare. The mission, which commenced
from 2014-15, has the objective of sustainable development of the livestock sector.   

NABARD is the subsidy channelizing agency under Entrepreneurship Development & Employment Generation (EDEG) component
of National Livestock Mission. This includes: 

i. Poultry Venture Capital Fund (PVCF)

ii. Integrated Development of Small Ruminants and Rabbit (IDSRR)

iii. Pig Development (PD)

iv. Salvaging and Rearing of Male Buffalo Calves (SRMBC)

Who can benefit from the scheme?

Farmers, Individuals Entrepreneurs, NGOs, Companies, Cooperatives, groups of organized and unorganized sector which include
Self- Help Groups (SHGs) and Joint Liability Groups (JLGs).
 Dairy Entrepreneurship Development Scheme: 
Objectives of the scheme:

1. To promote setting up of modern dairy farms for production of clean milk.

2. To encourage heifer calf rearing thereby conserve good breeding stock.

3. To bring structural changes in the unorganized sector so that initial processing of milk can be taken up at the village level itself.

4. To bring about upgradation of quality and traditional technology to handle milk on a commercial scale.

5. To generate self-employment and provide infrastructure mainly for unorganized sector. 

Eligible Persons:

i. Farmers, individual entrepreneurs, NGOs, companies, groups of unorganized and organized sector etc. Groups of organized sector include self help
groups, dairy cooperative societies, milk unions, milk federations etc.

ii. An individual will be eligible to avail assistance for all the components under the scheme but only once for each component.

iii. More than one member of a family can be assisted under the scheme provided they set up separate units with separate infrastructure at different
locations. The distance between the boundaries of two such farms should be at least 500m.
 Kisan Credit Card (KCC)-

Introduction:

The Kisan Credit Card has emerged as an innovative credit delivery mechanism to meet the production credit requirements of the
farmers in a timely and hassle-free manner. The scheme is under implementation in the entire country by the vast institutional credit
framework involving Commercial Banks, RRBs and Cooperatives and has received wide acceptability amongst bankers and farmers.
However, during the last 13 years of implementation, many impediments were encountered by policy makers, implementing banks and
the farmers in the implementation of the scheme. Recommendations of various Committees appointed by GOI and studies conducted
by NABARD also corroborate this fact. It was, therefore, felt necessary to revisit the existing KCC Scheme to make it truly simple and
hassle free for both the farmers and bankers. Accordingly, the GOI, Ministry of Finance constituted a Working Group to review the
KCC Scheme. Based on the recommendations of the Working Group which were accepted by the GoI, the following guidelines are
issued:
Applicability of the Scheme:

The Revised KCC Scheme detailed in the ensuing paragraphs is to be implemented by Commercial Banks, RRBs, and Cooperatives.
The scheme provides broad guidelines to the banks for operationalising the KCC scheme. Implementing banks will have the discretion
to adopt the same to suit institution/location specific requirements.

Objectives/Purpose Kisan Credit Card:

Scheme aims at providing adequate and timely credit support from the banking system under a single window to the farmers for their
cultivation & other needs as indicated below:

a. To meet the short term credit requirements for cultivation of crops

b. Post harvest expenses

c. Produce Marketing loan

d. Consumption requirements of farmer household

e. Working capital for maintenance of farm assets and activities allied to agriculture, like dairy animals, inland fishery etc.

f. Investment credit requirement for agriculture and allied activities like pump sets, sprayers, dairy animals etc.
Eligibility:

i. All Farmers – Individuals / Joint borrowers who are owner cultivators.

ii. Tenant Farmers, Oral Lessees & Share Croppers.
iii. iii. SHGs or Joint Liability Groups of Farmers including tenant farmers, share croppers etc.

Fixation of credit limit/Loan amount:

The credit limit under the Kisan Credit Card may be fixed as under:

All farmers other than marginal farmers:

iv. The short term limit to be arrived for the first year: For farmers raising single crop in a year: Scale of finance for the crop (as decided
by District Level Technical Committee) x Extent of area cultivated + 10% of limit towards post-harvest / household / consumption
requirements + 20% of limit towards repairs and maintenance expenses of farm assets + crop insurance, PAIS & asset insurance.
v. Limit for second & subsequent year: First year limit for crop cultivation purpose arrived at as above plus 10% of the limit towards
cost escalation / increase in scale of finance for every successive year ( 2nd , 3rd, 4th and 5th year) and estimated Term loan
component for the tenure of Kisan Credit Card, i.e., five years.
 Pre sanction appraisal proposal

Pre sanction loan process:

1. Why agriculture loan?
To provide focused attention to the banking requirement of the agriculture sector.
To help in making agriculture a commercial proposition.
To fill credit gaps and make fund available at the right time, in adequate quantity.
To help in increasing agriculture production and income.
To aim at integrated development agriculture.

. List of Agricultural Activities for which Prerana Cooperative Society offers loan:
1. Crop loan
2. Buying farm machineries like tractor, JCB, harvesting machineries etc.
3. Construction of cold storage and rural godown.
 Post sanctions follow up of crop
Follow-up crop loan:
Sanction of loan facilities:
1. Preparation of proposal format with backup details and with recommendation for sanction.
2. The sanctioning authority to occurred sanction of credit facilities on terms proposed by stipulating modified sat guard.
3. The sanction shall be reported for controlled to next higher authority for review required.
Documentation:
1. Hypothecation and agreement
2. Deed of guaranty
3. Deed of mortgage
4. Letter to the borrower demanding repayment of crop loans.
5. Reveal letter for mortgage
Balance Sheet of Society :-(2021)
Profit-Loss of Society :- (2021)
Capital Structure : (Source of fund) Sr.No. Share Capital Amount(₹)

1.Share Capital:-4339377.00₹ 1. Value of each Share

• From members 4339377

2.Deposits :-27878₹ Years

2016-17 2017-18 2018-19 2019-20 2020-21
From members (₹) 9.20 24.23 89.60 54.71 0.27

3.Borrowings of Bank :- 21423464 ₹

Sr.No. Institution Amount Borrowed(₹) Rate of Interest(%) Period of repayment(Yr.)

S.T.Loan M.T. & L.T. S.T.Loan M.T. & L.T. S.T.Loan M.T. & L.T.
Loan Loan Loan
1. Prerana Cooperative 12158935.00 9264529.00 4 10.5 1 Depend on
Society loan type
4.Other funds of the bank :-

Sr.No. Funds Amount(₹) Percentage(%)

1 Reserve Fund 932374.64 54.55
2 Special Reserve Fund 15987 0.93
3 Divident to members 11169 0.65
4 Building Fund 257585 15.07
5 Price Fluctuation Fund 5000 0.29
6 Bonus to staff 90100 5.27
7 Any other 397000 23.22
Total 1709215.64 100

5. Working Capital (2020-21) :- 27499934.6₹

6. Credit Advance :-
6.A. Short Term Loan :-
Rate of Interest :-6 %
Duration :-1 Year
Purpose :-Sugarcane Crop

Sr.No. Year Number of Borrowers Total Amount(₹)

1 2021 208 16984290.00

2 2020 186 14625275

Documentation :- 1)7/12
2)8 A
3)Cropping pattern
4) Map of Farm
5)KA.MA.Patrak
6) Photograph of Borrower And witness
7)Farmer Aadhar Card Xerox.
8)Balance sheet & Profit and loss of cooperative society
6.B. Medium Term Loan
Rate of Interest :- 13 %
Duration :-5-7 Year
Purpose :- 1)Pipeline
Documentation :- 1)Pipeline quotation 2)7/12
3)Light bill 4) Estimate cost
5)Map of farm 6)Layout of farm
7) Cropping pattern 8) Head & hp calculation
9) Agreement 10) Silent features of scheme
11) Incremental income 12)Deed of hypothecation
13)Balance sheet & Profit and loss of cooperative society .

Sr.No. Year Number of Borrowers Total Amount(₹)

1 2021 28 2774000.00
Purpose:-2)Drip Irrigation
Sr.No. Year Number of Borrowers Total Amount(₹)

1 2021 2 107142.00

Documentation :- 1)7/12
2) Light bill
3) Plan estimate
4) Drip quotation
5)Map of farm
6)Layout of farm
7)Cropping pattern
8) Agreement
9) Head & hp calculation
10) Silent features of scheme
11) Incremental income
12) Deed of hypothecation
13) Balance sheet & Profit and loss of cooperative society .
Sr.No. Member Holding Irrigated Water Work should done by Investm Self Loan
Area area availab member ent investm Approval
(Ha.) ility Cost(₹) ent(₹) (₹ )
1. Santosh 1.03 0.49 Well(G. As stated in the quotation 43212 2212 41000
Sudam N.547) materials should be
More purchased & the drip
irrigation scheme should be
completed within the
period of 6 months.

Loan Distribution Rules & Instructions For Drip Irrigation :-

6.C. Long Term Loan
Rate of Interest :- 13 %
Duration :-15 Year
Purpose :- 1)Shetkari Niwas
Documentation :-1)7/12
2) 8 A
3) No Objection Certificate
4) Estimate Plan
5) Other Bank NOC
6) Permission letter of Grampanchayat
7) Agreement, Search Report
8)Photograph of Borrower And witness
9) Deed of hypothecation
10) Balance sheet & Profit and loss of cooperative society .

Sr.No. Year Number of Borrowers Total Amount(₹)

1 2020 20 5187000.00
 Sr.No Member Holding Require Water Work should done by Investm Self Loan
Area d area availab member ent investm Approval
(Ha.) (Ha.) ility Cost(₹) ent(₹) (₹)
1. Chetan 2.78 2.75 Well(G. As stated in the plan 577179 197179 380000
Uttam N.547) M.N.602 house should be
Chavan constructed along with
toilet, Water & Electricity
services should be
completed within the period
of 11 months.

Loan Distribution Rules & Instructions For Shetkari Niwas:-

6.C. Long Term Loan
Rate of Interest :- 10.5 % (Cooperative society)
Duration :-5-9 Year
Purpose :- Tractor
Documentation :-1)Tractor quotation
2)RC Book
3) Tax invoice
4) Bond(Deed of hypothecation)
5)7/12
6) 8 A
7)Schedule of tractor
8) Silent features of scheme
9) Balance sheet & Profit and loss of cooperative society .
7. Overdues :

Sr.No Types of Loan Amount of Overdues

.
2021 2020 2019 2018 2017 Total Percentage

1 Short Term Loan 688305 1887850 1860000 1408000 501000 6345155 57.62

Number of 9 24 22 30 5 90
Borrowers

2 Medium Term 551946 958394 695000 398000 210000 2813340 25.55

Loan
Number of 12 13 15 12 9 61
Borrowers

3 Long Term Loan 57189 35058 30240 31200 1700000 1853687 16.83

Number of 4 1 1 2 1 9
Borrowers
Total Loan 1297440 2881302 2585240 1837200 2411000 11012182 100
Amount
Different Type of Loans available at Society:-
Sr. Name of loan Unit Cost Self Repayment Install Mortgage Details Rate of
No.. Investment period(year) ments interest

1 Regular out of district buying

• Hybrid Cow 58000 - 5 20 0.15 Ha. Irrigated 13
area or 0.20 Ha
rainfed area
• Pandharpuri buffalo 37000 - 5 20 0.10 ha. Irrigated 13
area
• Murrah buffalo 58000 - 5 20 0.15 Ha. Irrigated 13
area or 0.20 Ha
rainfed area
2 Local district buying

• Sheep(21) 134000 - 5 8 Minimum 2 acre 13

land.
3 Goat Farming(21) 134000 - 5 8 Minimum 2 acre 13
land.
• Sheep/Goat Farming(11) 71500 - 5 8 Minimum 1 acre 13
land.
• Sheep/Goat Farming(6) 40000 - 5 8 0.20 ha land 13
Sr. Name of loan Unit Cost Self Repayment Install Mortgage Rate of
No. Investment period(year) ments Details interes
t
4 Out of district buying
• Hybrid Cow(5) 290000 - 5 20 1 ha. Irrigated 13
area or 1.60 Ha
rainfed area
• Murrah buffalo(5) 290000 - 5 20 1 ha. Irrigated 13
area or 1.60 Ha
rainfed area
5 Dairy entrepreneurship development scheme
(Subsidy Allowed)
• Hybrid Cow/Desi cow/Murrah 700000 70000 7 28 - 13
buffalo(10)
6 Central Sheep/Goat Farming (42) (Subsidy 100000 10000 5 8 1.20 ha. land 13
Allowed)
7 Poultry Venture Capital Fund for Contract 1120000 - 7 14 - -
poultry farming(5000) (Subsidy Allowed)
8 Swayam sahayata bachat gat (Subsidy 250000 - 5 - Group of 10-20 6
Allowed) Below poverty
line members
9 Silk & Milksilk 245098 12% 7 13 Minimum 1.20 13
Ha land
10 Poultry Farm For Meat purpose(1000) 145000 15% 5 10 2 ha land -
Sr. Name of loan Unit Cost Self Repayment Install Mortgage Rate of
No. Investment period(year) ments Details interest

11 Polythene Paper 45500(per acre) 12% 5 5 All land 13

12 • Society Rural warehouse(1000M.T.) 3500 (Per ton) 2625(Per ton) 10 9 All land 13
(Subsidy Allowed)
• Personal Rural warehouse (Subsidy 3500 (Per ton) 25-49% 10 9 All land 13
Allowed)
13 Water Supply 75000-20lakh 5% 9 8 Irrigated & 13
other land.
14 Drip/Sprinkle Irrigation (Subsidy Allowed) 50000-1lakh 5% 7 7 - 13
15 Pack House (Subsidy Allowed) 400000 15-49% 15 14 All land 13
16 Toilet 14500 16000 7 6 0.30ha. 13
Irrigated &
0.45 ha
Rainfed area
17 Shetkari Niwas 2000000 15-49% 15 14 All land 13

18 Thresher machine 30000 15-40% 5 14 All land 13

19 Onion Crop (Subsidy Allowed) 7 6 - 13
• 5 Metric Tonne 35490 4490
• 50 Metric tonne 345000 35000
Sr. Name of loan Unit Cost Self Repayment Install Mortgage Details Rate of
No. Investment period(year) ments interest

20 Education loan 20lakh - 9 10 Irrigated 1 acre 13

land-175000₹
Ranifed-60000₹
21 Agri Tourism 25 lakh - 9 8 Irrigated 1 acre 13
land-210000₹
Ranifed-120000₹
22 Grape garden 347000 20% 7 5 For 0.40 Ha 13
cultivated area 0.80
ha land
23 Sericulture 163888 10% 7 7 For 0.40 Ha 13
cultivated area 0.80
ha land
24 Land levelling 15000(per acre) 20% 7 6 0.20 Ha. Irrigated 13
area or 0.80 Ha
rainfed area
25 Agriculture Machinery (Tractor, 12 lakh 15-50% 9 18 Irrigated 1 acre 13
Trailor, Power tiller, Rotavator, land-120000₹
Dozer ) (Subsidy Allowed) Rainfed-90000 ₹
26 Green House (Subsidy Allowed) 377760 10-40% 7 13 Irrigated 1 acre 13
land-150000₹
Rainfed-0.75 lakh₹
Sr. Name of loan Unit Cost Self Investment Repayment Installments Mortgage Details Rate of
No. period(year) interest

27 Kadaba kutti 25000 10% 5 5 0.40ha land & 13

Farmer should have
3 livestocks.
28 Spraying Pump 23500 10% 4 4 0.40 ha vegetables. 13
29 Agricultural clinic 10 lakh 20% 7 6 Irrigated 1 acre land- 13
75000₹
Rainfed-40000
lakh₹
30 Tissue culture Banana 37000 10% 3 3 For 0.40 Ha 13
cultivated area 0.80
ha land
31 Papaya 26000 5% 4 4 For 0.40 Ha 13
cultivated area 0.80
ha land
32 Vermicompost project 13000 10% 7 7 For 1 Ton 0.40 Ha 13
(Subsidy allowed) Rainfed 0.80 ha
Irrigated land
33 Floriculture
• Gladiolus 170000 10% 5 5 Rainfed -30000₹ 13
Irrigated-60000₹
• Tuberose 86360 10% 6 6 13
Sr.No. Name of loan Unit Cost Self Investment Repayment Installment Mortgage Details Rate of
period(year) s interest

34 Bird of paradise 180200 10% 9 6 Rainfed -25000₹ 13

Irrigated-50000₹
35 Nursery 150000 - 5 Depend on For 0.40 Ha 13
nursery cultivated area
0.80 ha Irrigated
or 1.60 rainfed
land
36 Paanmala 100000 5% 7 6 For 0.40 Ha 13
cultivated area
0.80 ha land
37 Cashewnut Farming 12000 5% 7 4 For 0.40 Ha 13
cultivated area
0.80 ha land
38 Rose Farming 24000 5% 7 6 For 0.40 Ha 13
cultivated area
0.80 ha land
39 Teak wood 22000 5% 12 1 For 0.40 Ha 13
cultivated area
0.80 ha land
40 Eucalyptus(Nilgiri) 16000 5% 10 1 For 0.40 Ha 13
cultivated area
0.80 ha land
Sr.No. Name of loan Unit Cost Self Investment Repayment Installment Mortgage Details Rate of
period(year) s interest

41 Cold storage(25%Subsidy) Max 75 % 25% 9 14 Rainfed -40000₹ 13

Irrigated-80000₹
42 Custard Apple 10000 5% 7 4 For 0.40 Ha 13
cultivated area
0.80 ha land
43 Tamrind 7000 5% 12 4 For 0.40 Ha 13
cultivated area
0.80 ha land
44 Lemon 8000 5% 7 5 For 0.40 Ha 13
cultivated area
0.80 ha land
45 Pomegranate 15000 5% 7 4 For 0.40 Ha 13
cultivated area
0.80 ha land
46 Guava 6000 5% 7 4 For 0.40 Ha 13
cultivated area
0.80 ha land
47 Mango 10000 5% 10 4 For 0.40 Ha 13
cultivated area
0.80 ha land
Sr.No. Name of loan Unit Cost Self Repayment Installm Mortgage Rate of
Investment period(year ents Details interest
)
48 Fig 8000 5% 10 6 For 0.40 Ha 13
cultivated area
0.80 ha land
49 Coconut 8000 5% 12 6 For 0.40 Ha 13
cultivated area
0.80 ha land
50 Amla 6000 5% 6 5 For 0.40 Ha 13
cultivated area
0.80 ha land
51 Turmeric Grinding Machine 2.55 lakh 15% 5 5 Rainfed - 13
30000₹
Irrigated-
70000₹
52 Sugarcane cultivation machine 360000 15% 9 18 Irrigated 1 acre 13
land-120000₹
Rainfed-90000
₹
53 Hybrid Coconut cultivation Depend on 10% 9 6 Minimum 0.10 13
investment of ha land & max.
crop 4 ha.
54 Medicinal plant cultivation Depend on 15% Depend on 3 For 0.40 Ha 13
investment of Yield cultivated area
crop 0.80 ha land
Sr. Name of loan Unit Self Repayment Installments Mortgage Rate of
No. Cost Investment period(year) Details interest

55 Well construction 382000 15% 15 14 General area 13

56 Flour mill 20000 15-49% 5 10 0.40 ha rainfed 13
area
57 Cattle breeding,Milk production, 5-50 15% 9 17 Irrigated 1acre 13
Milk processing industry & Lakh land-2 lakh ₹
Agriallied Project For Finance Ranifed-1 lakh
₹
58 Two wheeler Loan Max. 20% 7 10 1.20 ha land 13
1.50
Lakh
59 Four wheeler Loan Max.10 15% 5 14 Irrigated 1acre 13
Lakh land-1.50lakh
₹
Ranifed-0.75
lakh ₹
Schemes operated by Institution under the auspices of Financial Institution such as
NABARD:
Sr.No Name of scheme Unit Cost Self Investment Repayment
. period(year)
1 Dairy entrepreneurship development scheme (Subsidy
Allowed)
• Hybrid Cow/Desi cow/Murrah buffalo(10) 700000 70000 7
2 Central Sheep/Goat Farming (42) (Subsidy Allowed) 100000 10000 5

3 Poultry Venture Capital Fund for Contract poultry 1120000 - 7

farming(5000) (Subsidy Allowed)
4 Swayam sahayata bachat gat (Subsidy Allowed) 250000 - 5
5 • Society Rural warehouse(1000M.T.) (Subsidy 3500 (Per ton) 2625(Per ton) 10
Allowed)
• Personal Rural warehouse (Subsidy Allowed) 3500 (Per ton) 25-49% 10

6 Drip/Sprinkle Irrigation (Subsidy Allowed) 50000-1lakh 5% 7

7 Pack House (Subsidy Allowed) 400000 15-49% 15
8 Onion Crop (Subsidy Allowed) 7
• 5 Metric Tonne 35490 4490
• 50 Metric tonne 345000 35000
Sr.No. Name of scheme Unit Cost Self Investment Repayment
period(year)

9 Agriculture Machinery (Tractor, Trailor, Power tiller, 12 lakh 15-50% 9

Rotavator, Dozer ) (Subsidy Allowed)
10 Green House (Subsidy Allowed) 377760 10-40% 7
11 Vermicompost project (Subsidy allowed) 13000 10% 7
12 Cold storage(25%Subsidy) Max 75 % 25% 9
Income of the society from different activities :

Sr.No Income Amount Percentage

.
1 Interest on loans 2196530 78.68
to the members
2 Income on bank
savings
/investment
• Interest 288021 10.32
• Divident 142860 5.11
• Any other - -
3 Other 164300 5.88

Total 2791711 100

Expenditure of the Society :

Sr.No. Expenditure Amount Percentage

1 Interest paid on deposits 1486781 84.41
2 Salaries/Allowances/ 44000 2.50
Bonus/Gratuity/Provident
Fund to staff
3 Allowances to members 4000 0.23
4 Rent of building & repairing 15700 0.89
of building
5 Telephone Charges 126 0.007
6 Audit fees & other fees 32394 1.83
7 Stationery, printing, 4720 0.27
advertisement etc.
8 Any other 16086 0.91
9 Depreciation 18295 1.03
10 Provision 139209 7.90
Total 1761311 100
Progress of Society

Years Members Share Reserve Borro Loan Overdues Total Net Net Audit
Capital Fund & wings (in lakh) (in lakh) turnover profit loss class
(in lakh) Other (in (in lakh) (in lakh)
Funds lakh)
(in S.T. M.T. S.T. M.T. L.T.
lakh) & L.T.

2021 896 43.39 17.09 214.23 121. 92.64 6.8 5.5 0.57 293.70 12.68 - A
58 8 1
2020 883 40.72 14.41 316.78 252. 64.25 18. 9.5 0.35 387.80 7.55 - A
52 87 8
2019 872 37.68 14.12 243.74 190. 53.45 18. 6.9 0.30 301.70 0.81 - B
29 60 5 24
2018 861 34.61 12.51 264.52 213. 51.10 14. 3.9 0.31 320.93 2.68 - A
42 08 8 2
2017 859 32.80 11.18 226.58 170. 55.63 5.0 2.1 17.0 279.46 3.87 - A
94 1 0 0
Share Capital :-

Share Capital
50

45

40

35

30
Amount in lakh

25

20

15

10

0
2017 2018 2019 2020 2021

Years
Reserve Fund & Other Funds:-

Funds
18

16

14

12
Amount in lakh

10

0
2017 2018 2019 2020 2021

Years
Borrowings :-

Borrowings
350

300

250
Amount in lakh

200

150

100

50

0
2017 2018 2019 2020 2021

Axis Title

Years
Loan :-

Loan
300

250

200
Amount in lakh

S.T.
150
M.T.& L.T.

100

50

0
2017 2018 2019 2020 2021

Years
Overdues :-
20
Overdues
18

16

14

12
Amount in lakh

10 S.T
M.T.
8 L.T.

0
2017 2018 2019 2020 2021

Years
Total Turnover :-

Total Turnover
450

400

350

300
Amount in lakh

250

200

150

100

50

0
2017 2018 2019 2020 2021

Years
Net Profit :-

Net Profit
14

12

10
Amount in lakh

0
2017 2018 2019 2020 2021

Years
 13. Information of secretary:-

General information

 Name of the secretary – Adv. Ajitkumar Jadhav

 Age – 53

 Education – Graduated in Law

 Experience – 4

 Special training in cooperation – LDC & GDC

 Where secretary resides at H.Q. – Chikhali.

 No. of visits per week to society – 10

 14.Information of management committee

Sr. Name of the member position age Edu. Qualification Experience in Special No. of
No management training in meeting
committee cooperation attended in
(Years) year
1. Tukaram Gujar President 45 HSC 10 15

2. Kantilal Gujar Vice 52 HSC 8 14

chairman

3. Adv.Ajitkumar Secretary 53 HSC, Graduate in 8 14

Jadhav Law.

4. Tanaji Sonawane  Treasurer 49 HSC, BA, B.com 7 13

 Opinion of secretary

What is your opinion regarding working of society – Satisfactory

If good/satisfactory what are the reasons for success

a. Good understanding between members & management committee.

b. Good experienced Management team/board.

If unsatisfactory what are the reasons

 INFORMATION OF THE MANAGEMENT COMMITTEE:-
Sr.No. Name Position
1 Shri.Tukaram Laxhmanrao Gujar Chairman
2 Mr. Kantilal Tukaram Gujar Vice-chairman
3 Shri. Shridhar Dhondiram Walhekar Member
4 Shri. Gabaji Bhivaji Wakadkar Member
5 Shri. Sanjay Santuram Pathare Member
6 Shri. Sandip Popat Pawar Member
7 Shri. Rajendra Mahadeo Shirsaad Member
8 Shri . Nandkishor Jamanalal Toshniwal Member
9 Shri. Suresh Nanabhau Parkhi Member
10 Shri. Santosh Vasudeo Mungse Member
11 Mrs. Sujata Vikas Parkhi Member
12 Mrs. Meena Anil Shelke Member
13 Adv. AjitKumar Dinkar Jadhav Secretary
14 Shri. Rajaram Namdeo Randil Clerk/Peon
 Documents Required For Borrowing of Loan

1.Loan Application Form

2.7/12 Abstract & 8A

3.Relevant Quotations In All Aspects

4.Income Certificate

5.No Dues Certificate Of Financial Institutes Of Surrounding Area

6.Statement Of Recent Loan Borrowing , If Borrowed

7.Ration Card Xerox

8.Adhar Card / Pan Card / Voting Card / Licence Etc.

9.Two Passport Size Photo

Loan Application Form
 Strengths & Weaknesses of Bank
Strengths  Opportunities
1., Trust on cooperative
banks 1. Large untapped area of expansion
2. Affordable interest rates 2. Trust in banks
3.Good Relations with
3. Linkages of different banks
customers
4. Large client base 4. Large scale of finance
5 Government policies

Threats
Weaknesses 1. Inflation
1. Services of loan sanctions
2. Recovery policies is not 2. Changing monetory policies of RBI
effective. 3. Increase in Taxes
3. Over burden and dues.
4. Changing customer behavior
 Conclusion

Cooperative banks belong to the oldest forms of the collective action in India playing essential role in the realization of
the agricultural and in local development. They serve both rural and urban population, and are main banks in India
supporting development of agriculture and rural areas. Their key role is to give credits financing various rural based
entrepreneurships. Agricultural credits play a number of significant functions of which the primary include the
intensification and growth of the agricultural production.

Co-operative bank implements the various government schemes for agriculture as well as for non-agricultural
sector for the development of society. The officers and the staff of co-operative bank is is very co-operative and helpful.
This is one of the major factor which influence customer to get the benefit of banking services through co-operative bank.

There is need to create more awareness about the agriculture banking and government schemes provided for
agriculture through banks. The study also shows that the farmers who is having KCC, Farm Mechanization Scheme,
Micro-irrigation scheme etc. from co-operative banks are satisfied with the services provided through bank.
 Experience

1. I have learned day to day activities in Co-operative bank.

2. I have got the knowledge about overall banking sector.

3. I have got information about different agriculture schemes provided by government of India.

4. During this programme, I got knowledge about different agricultural loans subsidies for it and also interest rate on
it.

5. I have got knowledge about loaning process documents required for it

6. As during my project I have conducted survey about Kisan Credit card scheme which helped me to improve my
knowledge and communication skill.