Utkal Grameen Bank Introduction

Head Office The Bank's Head Office is located at Bolangir headed by the Chairman, a TEG Scale-VI Officer on deputation from State Bank of India. Two General Managers (GM-I & GM-II) are also on deputation from State Bank of India and are of the cadre of SMGS-V. There are seven departments as follows: Following departments headed by SMGS-IV cadre officers of Sponsor Bank :There are 7 departments at Head Office each one headed by a Manager, as detailed below Two existing RRBs in Odisha - Rushikulya Gramya Bank and Utkal Gramya Bank - have been amalgamated to form a new RRB - Utkal Grameen Bank, which will function with its head office at Bolangir under the sponsorship of State Bank of India. The decision to form the new RRB has been taken after due consultation with National Bank for Agriculture and Rural Development (Nabard). At present, Rushikulya Gramya Bank has 87 branches with operating areas in two south Odisha districts - Ganjam and Gajapati, while Utkal Gramya Bank has 336 branches, operating in 15 districts. With the merger of both the banks, the new entity will now coperate in 17 districts of the state. Following departants headed by SMGS-IV cadre officers of Sponsor Bank : 1. 2. 3. 4. 5. Personnel Department Advances Department Accounts & Compliance Department Planning & Development Department Board & Chairman Secretariat

LOANS PRODUCT 1. Kisan Credit Card 2. Kisan Gold Card 3. Agricultural Term Loan 4. Farm Mechanization 5. Plantation and Horticulture 6. Dairy Farming 7. Poultry Farming 8. Rural Go down 9. UGB Tractor Loan 10. SHG-SHG Credit Card/SHG Gold Card

KISAN CREDIT CARD Kisan Credit Card Scheme aims at providing need based and timely credit support to the farmers for their cultivation needs as well as non-farm activities and cost effective manner. To bring about flexibility and operational freedom in credit utilization. Under the scheme, Branches may issue Kisan Credit Cards to the farmers who are otherwise eligible for sanction of short term credit for crop production, allied activities and other non-farm activities. The farmers should come from the operational area of the Branch. The farmers under the scheme will be issued a credit card-cum-passbook incorporating the name, address, particulars of land holding, borrowing limit / sub-limits, validity period, etc. to facilitate recording of the transactions on an on-going basis. The passbook, among others, would provide for a passport size photograph of the beneficiary. The beneficiary farmer should produce the passbook while operating the account. Suitability of soil, climate and availability of adequate irrigation facilities. Suitability of the produce for storage. Suitability of the storage unit. The expected incremental income should be adequate to repay the advance leaving sufficient balance for farmers domestic needs. For production / short term purposes - Loan amount will depend upon the type of crop, area under cultivation and scale of finance. Short term working capital - For ancillary activities and minor investment of medium term nature. Short term credit for consumption / domestic needs to the extent of upto 25 percent of gross estimated income of the farmer and maximum Rs.50,000/=. Finance against storage receipts / produce marketing may be considered maximum upto 50 percent of the price of the produce prevailing at the time of storage / sanction of loan. Limits / advances upto Rs.10 lakhs per farmer can be extended for a maximum

period of 12 months. However, the amount of finance to the extent of net of loan may be made available to the farmer.
1. While fixing the limit, the Branch may take into account the entire production credit requirements of the farmer for the full year, including the credit requirements of the farmer for the ancillary activities related to crop production such as maintenance of agricultural machinery / implements, electricity charges, etc. 2. The credit limit could also provide for allied activities and non-farm credit needs of the borrowers. 3. The credit limit under the card may be fixed on the basis of the operational land holding, cropping pattern and scale of finance as recommended by the District Level Technical Committee (DLTC) / State Level Technical Committee (SLTC). Wherever the DLTC / SLTC have not recommended scale of finance for any crop or in the opinion of the Branches, has recommended lower than the required amount, the Branches may fix appropriate scale of finance for the crop after due approval by the Zonal Office. 4. For fixation of credit card limit, operational land holdings will include the leased-in land and exclude leased out land. 5. Branches may at their discretion fix appropriate sub-limits within the overall credit limit sanctioned, taking into account the seasonality in credit requirements.

Kisan Samadhan Card INTRODUCTION 1. Kisan Samadhan Card scheme is based on Line of Credit concept and each farmer is provided with a package of Kisan Samadhan which would enable farmers to avail short term and long term credit for a period of maximum 5 years continuously with rollover arrangements. 2. Kisan Samadhan Card will replace Kisan Suvidha Card and Kisan Gold Card. OBJECTIVES 1. To meet/cover the entire credit needs of the farmer both of short term and long term nature for a period of maximum 5 years not only for farming alone but also for allied activities, repairs and maintenance of farm equipments, consumption needs, purchase of consumer durables, etc. This shall be in addition to the loans for housing and vehicles. 2. To bring about flexibility and operational freedom in credit utilisation. All farmers eligible for Kisan Credit Card would be eligible for Kisan Samadhan Card. Farmers seeking facilities under Kisan Samadhan Card must avail production credit and investment credit. . Kisan Gold Card 1.OBJECTIVE: The scheme has been introduced for farmers with excellent track record for providing them hassle free term loan facility with an inbuilt element for providing loan for meeting consumption needs also. 2. ELIGIBILITY: 1. Farmers having good track record of repayment in their agriculture cash credit/agriculture term loan/Kisan credit card account for the last two years may be issued Kisan Gold Card.2. Farmers who have closed their accounts without any default in last 3 years but are not our current borrowers may be covered. 3. Farmers who have defaulted in repayments but liquidated their entire dues within the stipulated repayment period may also be covered. 4. Borrowers who maintain sizeable deposit with our branches for the last 3/4 years are also eligible for Kisan Gold Card. 5. Good borrowers of other banks may also be made eligible provided they liquidate their out standings with other banks.

PURPOSE OF LOAN: Within the overall credit limit sanctioned, the farmer is free to choose his own purpose like purchase of agricultural implements, land development, purchase of bullocks and carts. repair of farm machinery or any other needs including domestic needs like expenditure on account of sickness, childrens education and family functions. As far as the bank is concerned, it will be a general purpose loan including his consumption needs. Agricultural Term Loans Banks gives agricultural term loans in the form of direct finance to cultivators to create assets facilitating crop production/income generation. Repayments span not less than 3 years and not exceeding 15 years. Activities broadly covered are land development, minor irrigation, farm mechanization, plantation and horticulture, dairying, poultry, sericulture, dry land, waste land development schemes, etc. Eligibility All categories of farmers-small/medium-and agricultural labourers are eligible for agricultural term loans, provided they have necessary experience in the activity and the required land area. Margin i) Upto Rs.10,000/ii) Above Rs.10,000/Collateral Amount of Loan (i) where movable assets are created(a) Upto Rs.25,000/-(b) Above Rs.25,000/(i) Where movable assets are not created (eg. Dugwells,development of land etc. (a) Upto Rs.10,000/-. (b) Above Rs.10,000/No margin. 15% to 25% Security to be furnished (a) Hypothecation of assets (b) Mortgage of land (or) third party guarantee. DPN /Loan agreement.Mortgage of land.(a)Hypothecation of Asset(b)Mortgage of land or third party gurantee.

Farm Mechanization
The process of developing agricultural machines and substituting this machine power for human and animal power in agricultural production practices is farm mechanization. PLANTATION AND HORTICULTURE PLANTATION CROPS COCONUT Varieties 1. East Coast Tall 2. West Coast Tall 3. VPM-3 (Selection from Andaman Ordinary Tall) 4. ALR (CN -1) (Selection from Arasampatty Tall) 5. COD (Dwarf for tender coconut purpose only)

Hybrids Tall x Dwarf (To be grown under well managed conditions) 1. VHC 2 - ECT X MYD 2. VHC 3 - ECT X MOD Soil Red sandy loam, laterite and alluvial soils are suitable. Heavy, imperfectly drained soil is unsuitable. Planting seasons June - July, December January The planting can also be taken up in other seasons wherever irrigation and drainage facilities are available. Spacing Adopt a spacing of 25' x 25' (7.5 x 7.5 m) with 175 plants/ha. For planting in field border as a single row, adopt 20' spacing between plants. Planting Dug pit size of 3 x 3' x 3'. In the pits, sprinkle Lindane 1.3 % D to prevent white ant damage. Fill the pit to a height of two feet (60 cm) with FYM, red earth and sand mixed in equal proportions. At the center of the pit, remove the soil mixture and plant the seedling after removing all the roots. Press the soil well around the seedling and provide the seedling with shade by using plaited coconut leaves or palmyrah leaves. Keep the pits free from weeds. Remove soil covering the collar region. As the seedlings grow and form stem, fill up the pits gradually by cutting the sides. DAIRY FARMING Nursery and its management Nursery is raised by planting germinated sprouts initially in a pre-nursery bed or in polybags in a primary nursery and transplanting them at five leaf stage to a secondary nursery of large sized polybags. Raising seedlings in large polybags without a pre-nursery stage is also being practiced. The potting mixture is made by mixing top soil, sand and well decomposed cattle manure in equal proportions. Smaller polybags of 250 guage and 23 x 13 cm size, preferably black are used for raising primary nurseries. These bags are filled with the potting mixture leaving one cm at the top of the bag. A healthy germinated sprout is placed at the centre at 2.5 cm depth. While placing the sprout, care must be taken to keep the plumule of the sprout facing upwards and the radicle downwards in the soil. It is better to plant sprouts soon after the differentiation of radicle and plumule. The seedlings are to be watered daily. Application of a fertilizer mixture containing one part of ammonium sulphate, one part of super phosphate, one part of muriate of potash and two parts of magnesium sulphate is recommended at 15 g at one month stage, 45 g at three months stage and 60 g at six months stage per seedling. This has to be applied 6 - 8 cm away from seedlings during the first application, 10-12 cm away during second and 15-20 cm away during the third application in primary nursery. Surface soil is slightly scratched at the time of fertilizer application.

POLUTRY FARMING Poultry farming is raising chickens, turkeys, ducks and other fowl for meat or eggs. Poultry farms can be: 1.Breeding farms where they raise poultry for meat, or 2. Layer farms where they produce eggs. The best breeds depend on what you want from them. Good egg layers are Rhode Island Reds [brown eggs] and Leghorns [white eggs]. Great meat comes from Arbor Acres, Ross, and Peterson chickens which were named after the breeders who raised them. Some hens are raised for egg production and meatiness. New Hampshires, Plymouth Rocks, and Wyandottes are good ones. In the old times, poultry farming was the farmers wife throwing some feed out to the chickens who were wandering, loose, around the yard. She would find the eggswherever they might be laid, before they got rotten. Today, poultry raising is big business. Each step is done by someone who knows what they are doing. Just like the dairy farmer we visited, the breeder wants to get the best chicken he can. 'Best might mean a meatier chicken, one with less or more fat, or one that lays more eggs or eggs more often. The breeder might hire veterinarians or scientists to help him choose the characteristics he wants in his chickens. Breeders are known for their special kinds of chickens and no one is allowed to copy them. Food costs are important to poultry farmers. Feed is about 60% of the cost of raising poultry. Fowl are usually fed a combination of maize, soy, rice bran and cereals. Rural Godown Scheme (RGS) or Gramin Bhandaran Yojana It is well known that small farmers do not have economic strength to retain produce with them till the market prices are favourable. A network of rural godowns will enable small farmers to enhance their holding capacity in order to sell their produce at remunerative prices and avoid distress sales. Accordingly, Government of India has launched Grameen Bhandaran Yojana w.e.f. 01.04.2001. Objective of the scheme Main objectives of scheme include creation of scientific storage capacity with allied facilities in rural areas to meet out various requirements of farmers for storing farm produce, processed farm produce, agricultural inputs, etc., and prevention of distress sale by creating the facility of pledge loan and marketing credit. UGB TRACTOR LOAN AGRICULTURAL (WORKING CAPITAL KCC) i) Kharif Crop loans 2011 i.e. disbursed during 01.04.11 to 30.09.11 will continue to be charged with interest @ 7% p.a. up to a limit of Rs.3.00 lakhs upto 31.03.2012. ii) Rabi crop loans 2011-2012 i.e. disbursed during 01.10.11 to 31.03.2012 will continue to be charged with interest @ 7% p.a. up to a limit of Rs.3.00 lakhs upto 30.06.2012 Following rate of interest will be applicable to KCC loans other than those coming under (i) and (ii) above Upto Rs.50,000/- 1% below PLR-13.50% Above Rs.50,000/- & upto Rs.2.00 lacs 0.50% below PLR-14.00%

Above Rs.2.00 lacs & upto Rs.5.00 lacs At PLR-14.50% Above Rs.5.00 lacs 0.50% above PLR-15.00% AGRICULTURAL (TERM LOAN) Upto Rs.50,000/- 1% below PLR-13.50% Above Rs.50,000/- & upto Rs.2.00 lacs At PLR14.50% Above Rs.2.00 lacs & upto Rs.5.00 lacs 0.25% above PLR-14.75% Above Rs.5.00 lacs & upto Rs.25.00 lacs 0.50% above PLR-15.00% Above Rs.25.00 lacs 1% above PLR-15.50% (B) FOR SERVICES INDUSTRIES & BUSINESS SEGMENT CASH CREDIT Upto Rs.2.00 lacs At PLR-14.50% Above Rs.2.00 lacs & upto Rs.5.00 lacs 0.25% above PLR14.75% Above Rs.5.00 lacs & upto Rs.25.00 lacs 0.50% above PLR-15.00% Above Rs.25.00 lacs 1% above PLR-15.50% TERM LOAN Upto Rs.2.00 lacs At PLR-14.50% Above Rs.2.00 lacs & upto Rs.5.00 lacs 0.50% above PLR15.00% Above Rs.5.00 lacs & upto Rs.25.00 lacs 0.75% above PLR-15.25% Above Rs.25.00 lacs 1% above PLR-15.50% (C) HOUSING LOAN i) (For amount upto Rs.20.00 lacs) with repayment period upto 5 years 2% below PLR-12.50% With repayment period over 5 years & upto 10 years 1.75% below PLR-12.75% With repayment period over 10 years & upto 15 years 1.50% below PLR-13.00% ii)Under UGB Palliawas with repayment period upto 5 years 2.50 % below PLR-12.00% With repayment period over 5 years & upto 10 years 2.00 % below PLR-12.50% With repayment period over 10 years & upto 15 years 1.50% below PLR-13.00% (D) SHG(DIRECT) Upto Rs.50,000/- 1.50% below PLR-13.00% Over Rs.50,000/- 1.00% below PLR-13.50% SHG(INDIRECT LOANS TO NGOS) Upto Rs.50,000/- 1.50% below PLR-13.00% Over Rs.50,000/- AT PLR-14.50% (E) CONCLUSION In exercise of powers conferred under Sub-section (1) of Section 23 (A) of Regional Rural Banks Act 1976 (21 of 1976), the Govt. of India, Ministry of Finance through Notification dated the 31st July 2006 have caused amalgamation of erstwhile Bolangir Anchalik Gramya Bank (BAGB), Kalahandi Anchalik Gramya Bank (KAGB) and Koraput Panchabati Gramya Bank (KPGB) sponsored by State Bank of India in to a single Regional Rural Bank named Utkal Grameen Bank (UGB) which came into existence with effect from 31st Jul y 2006 with its Head Office at Bolangir.