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Rule 38
Protection of agricultural loans
: (1) The fund shall protect the loans of up to fifty lakh rupees provided by the member organizations to the businesses mentioned in clause (c) of schedule-11 under the agricultural loan program. If the member organization wants to secure a loan of more than fifty lakh rupees up to two crore rupees, it has to take the approval of the fund before disbursing such loan.
(2) The member organization shall pay the remaining half of the amount secured as per sub-rule (1) to the fund as zero decimal six percent of the amount resulting from the addition of interest for the annual security fee.