Karnataka Farm Loan Waiver Question

News and Views
1

Hello Friends and Farmers from Karnataka

I wanted to understand if my loan gets waived off too.
I have a HDFC bank Crop loan for Rs. 1,25,000 which is not NPA. I have paid out installments regularly.
Does this qualify for the waiver and if yes, what should be my next steps?

Thanks
Nikhil

2

If am not mistaken, there is a cap of Rs. 1 lakh on the farm loan waiver. If your loan is not NPA, then there is no question of a waiver. And will you not qualify, only if your crop has suffered a huge loss?

Cheers,