Rajasthan Ekmusht Samjhota Yojana

Scheme Introduction: A Brief Overview

• The Rajasthan Government has announced a scheme known as the "Ekmusht Samjhota Yojana".
• Under this scheme, the Rajasthan government is providing an opportunity to state farmers and small entrepreneurs to repay their overdue loan amount.
• The borrower needs to pay only the principal amount of their loan, while the interest and penalties applicable on the loan amount will be waived off.
• If any borrower fails to repay their loan within the given due date, the bank will take strict legal action as per the rule.
• The primary objective of the scheme is to bring indebted farmers back into the mainstream, while also helping bank to improve their NPAs (Non Performing Assets).
• For the year 2025, the last date to clear overdue loan amount under the Ekmusht Samjhota Scheme has been extended to 30 September 2025.
• The benefits of the Rajasthan Ekmusht Samjhota Yojana are available for the loans overdue as of 1 July 2024.
• On payment of the principal amount, 100% of the overdue interest and penalty will be waived off.
• The waived interest and penalties will be borne by the state government; for this, they have made a provision of Rs 200 crore.
• The heirs of the deceased indebted farmers are also eligible to receive benefits from the scheme.
• Relief will not be provided on instalments due after 1 July 2024. For overdue accounts of 15 years and more, interest equal to the outstanding principal amount will be charged by the bank.
• For overdue accounts up to Rs 25000/- which have become overdue for a period of 15 years and more as of 1 July 2024, if interest equal to or more than the disbursed principal amount has been recovered already from the date of loan issuance till 1 July 2024, such accounts will be settled by recovering only the current outstanding principal amount.
• To avail scheme benefits, indebted farmers must visit their bank branch before the last date.
• In addition to this, the scheme also had a provision to return the land purchase by the bank to the farmers in the absence of a bidder during the auction.
• To support and bring these farmers into the mainstream, the government is also providing a new investment loan at a 5% subsidised interest rate.
• For more details about the scheme, visit the bank branch.

Scheme Benefits

• Farmers and small entrepreneur can repay their overdue loans.
• 100% waiver of overdue interest and penalty amount.
• Can also apply for a fresh investment loan at 5% subsidised interest rate.

Eligibility Requirement

• Farmers with an agricultural loan from Sahkari Bhumi Vikas Bank.
• Farmers whose loans were overdue as of 1 July 2024.
• Farmers who have received a notice from the bank to repay their loan amount.

Required Documents

• Loan Consent Letter.
• Notice issued by the bank.
• Bank Passbook.
• Any other documents as notified by the bank.

Steps to Apply

• Farmers can apply for the Ekmusht Samjhota Scheme offline.
• To do this, visit the Sahkari Bhumi Vikas Bank Branch.
• Collect the application form for repayment of the loan principal amount and instalments.
• Attach the necessary documents as requested in the form or by the bank.
• Submit the application form within the given due date to receive the scheme benefit.
• Pay the principal loan amount and follow the procedure directed by the bank officials.

Relevant Link

• Rajasthan Rajsahakar Department Portal.
• Rajasthan Ekmusht Samjhota Yojana Guidelines.

Contact Information

• Rajasthan Rajsahakar Contact Number.
• Rajya Sahakari Bhumi Vikas Bank Limited Contact Number: 
  0141 - 2740553
  0141- 2740440
• Email : - rsldpnd@gmail.com