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Our Bureau

Bangalore , June 30

CANARA Bank has signed a pact with power-tiller maker Kerala Agro Machinery Corporation Ltd (KAMCO) to finance small farmers to buy KAMCO tillers, a bank news release said.

According to the pact, Canara Bank would now be the preferred financier for KAMCO power tillers in West Bengal, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Orissa, Pondicherry, and Tamil Nadu. The loan tenure stretches from five to nine years.

More Stories on : Farm credit | Farm credit | HCV/LCV/Tractors | Public Sector Banks

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Banks to draw up special farm credit scheme for Kerala

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