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Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks

The scheme provides financial assistance to Primary Agricultural Credit Societies (PACS) for computerization and integration with District Cooperative Banks (DCCBs) through a Core Banking System (CBS), enhancing rural banking infrastructure and digital access.

Ministry / Department
Agriculture, Farmers Welfare and Cooperation Department
Level
State
Benefit type
cash
Last verified: Recently

What is Finance Assistant to PACS for Computerization and Integration of PACS through Core Banking System with District Cooperative Banks?

The scheme provides financial assistance to Primary Agricultural Credit Societies (PACS) for computerization and integration with District Cooperative Banks (DCCBs) through a Core Banking System (CBS), enhancing rural banking infrastructure and digital access.

Benefit
**Standard of Assistance****Remarks****Minimum Time Limit (in Year) for Reclaiming Benefits)**the cost is estimated at ₹ 3,91,369/- per PACS, out of which the Central Government's contribution is 60% at ₹1,85,441/- and State Government's contribution as per 40% per PACS ₹1,23,627/- will be incurred.The agency empaneled by NABARD on behalf of the Government of India for the performance of software training while the procurement of hardware is to be done by the state government.There is no provision regarding re-benefit.
Level
State — Gujarat
Ministry / Dept.
Agriculture, Farmers Welfare and Cooperation Department
Benefit type
cash
Key eligibility
1. The benefit of this scheme will be available only to Primary Agricultural Credit Co-operative Societies (Including PACS, LAMP, and FSS). 1. The statutory audit of the Primary Agricultural Credit Co-operative Societies (PACS) up to the last financial year should have been completed. 1. The Primary
Last verified
Recently

Benefits

**Standard of Assistance****Remarks****Minimum Time Limit (in Year) for Reclaiming Benefits)**the cost is estimated at ₹ 3,91,369/- per PACS, out of which the Central Government's contribution is 60% at ₹1,85,441/- and State Government's contribution as per 40% per PACS ₹1,23,627/- will be incurred.The agency empaneled by NABARD on behalf of the Government of India for the performance of software training while the procurement of hardware is to be done by the state government.There is no provision regarding re-benefit.

Eligibility

1. The benefit of this scheme will be available only to Primary Agricultural Credit Co-operative Societies (Including PACS, LAMP, and FSS). 1. The statutory audit of the Primary Agricultural Credit Co-operative Societies (PACS) up to the last financial year should have been completed. 1. The PrimaryArea: GujaratBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 1: Selection of eligible PACS is done by the District Level Implementation and Monitoring Committee (DLIMC). Step 2: The consolidated selection list from all districts is sent to the State Level Implementation and Monitoring Committee (SLIMC). Step 3: SLIMC forwards the approved list to the Project Monitoring Unit (PMU) of NABARD through the Gujarat State Co-operative Bank Ltd. Step 4: After approval by NLIMC at the central level, support equipment is provided to the selected PACS.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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