With a vision to provide support and encouragement to the agricultural sector, The Calicut City Service Co-operative Bank has introduced agricultural loans for farmers belonging to all categories. These loans too are provided at very low interest rates so as to help the farmers put in their most to the development of the sector.
At these times when the traditional agricultural sector of the country is facing serious challenges, initiatives such as these would indeed be of great help. The Bank believes that the farming sector needs to achieve some kind of self-sufficiency, if the country needs to take its leap in to progress. Hence the introduction of such farmer-friendly schemes. Farmers are offered these loans whenever they are in need and since the interest rates are low, they would be able to meet their requirements without much of a difficulty and will feel comfortable even while paying back.