<p class="title">DCC Bank president S L Dharme Gowda said that the bank has decided to disburse a crop loan of Rs 80 crore at zero per cent interest to farmers during the year and Rs 20 crore will be released within two days.</p>.<p class="bodytext">Speaking to reporters, he said NABARD lends money to DCC Bank at 5.5 % interest, which will be lent to farmers at zero per cent interest. A farmer can borrow loan up to Rs 3 lakh at zero per cent interest. Already, the bank has received 23,000 applications seeking crop loan, he added.</p>
<p class="title">DCC Bank president S L Dharme Gowda said that the bank has decided to disburse a crop loan of Rs 80 crore at zero per cent interest to farmers during the year and Rs 20 crore will be released within two days.</p>.<p class="bodytext">Speaking to reporters, he said NABARD lends money to DCC Bank at 5.5 % interest, which will be lent to farmers at zero per cent interest. A farmer can borrow loan up to Rs 3 lakh at zero per cent interest. Already, the bank has received 23,000 applications seeking crop loan, he added.</p>