HSCARDB
Website Link: https://haryanacardbank.org/
The Bank was set up on 1st November 1966. It was registered vide Registration No. 520 dated 17th October 1966 under Punjab Cooperative Societies Act 1961 (replaced by Haryana Cooperative Societies Act, 1984). At the time of establishment of this bank, there were only 7 PCARDBs in the State of Haryana. This number had risen to 87 PCARDBs which were amalgamated into 19 DPCARDBs in the year 2008. Now there are 19 District Primary Cooperative Agriculture and Rural Development Banks (DPCARDBs) with 70 Branches (PCARDBs) at Tehsil and Sub-Tehsil level.
The main objective of the Bank is purveyance of Long Term Credit to the agriculturists through its 19 District Primary Agriculture and Rural Development Banks (DPCARDBs) and their branches under various Agriculture and its allied activities along with NFS purposes. HSCARDB acts as an Apex Institution both for providing long term finance and for coordinating the functions of DPCARDBs and their branches. The District Primary Agriculture and Rural Development Banks (DPCARDBs) in the State have provided Long Term Credit amounting to Rs. 7401.63 Crores to 1181437 beneficiaries up to 31.03.2025 since the inception of the Bank.
Consequent upon the bifurcation of erstwhile state of Punjab, The Haryana State Cooperative Agriculture and Rural Development Bank Ltd; was set up on 1st November 1966. It was registered vide Registration No. 520 dated 17th October 1966 under Punjab Cooperative Societies Act 1961 (replaced by Haryana Cooperative Societies Act, 1984) in the name and style of the Haryana State Cooperative Land Mortgage Bank Limited. The nomenclature of the bank was changed to the Haryana State Cooperative Land Development Bank Limited in the year 1974 and thereafter the nomenclature of the bank was changed to The Haryana State Cooperative Agriculture and Rural Development Bank Ltd; (HSCARDB).
At the time of establishment of this bank, there were only 7 PCARDBs in the State of Haryana. This number had risen to 87 PCARDBs which were amalgamated into 19 DPCARDBs in the year 2008. Now there are 19 District Primary Cooperative Agriculture and Rural Development Banks (DPCARDBs) with 70 Branches (PCARDBs) at Tehsil and Sub-Tehsil level.
Bifurcation of the Haryana & Punjab
Bank is advancing long term loans for the following sectors/schemes:
- Minor Irrigation
- Shallow / Deep Tubewells
- Sprinkler Irrigation
- Water Conveyance System
- Farm Mechanisation
- Tractors
- Thresher Sets / Straw - reaper
- Combine Harvesters
- Modern Farm Equipments
- 2/4-Wheel Trolleys
- Rural Godowns
- Horticulture/Plantation
- Mango / Pear / Guava / Grape Orchards
- Poplar/Kikar/Safeda Plant./Farm Forestry
- Mushroom Cultivation / Strawberry
- Floriculture, Medicinal & Aromatic Plants
- Drip Irrigation
- Cold Storage / Onion Storage
- Land Development
- Land Reclamation
- Land Leveling Irrigation
- Redemption of Land
- Purchase of Land
- Animal Husbandry
- Dairy Development
- Poultry Development / Hatcheries
- Fisheries including Prawn Culture
- Sheep/ Piggery /Goat Rearing
- Animal Driven Carts
- Cattle Sheds with Dairy
- Non-Farm Sector
- Tinny, Cottage & Small Scale Industries
- Road Transport / Passenger Vehicles
- Integrated Loan Scheme
- Rural Housing Scheme
- Agri-Clinic and Agri-Business
- Community Halls, Rural Educational Infrastructure, Information Technology, Service Activities etc.
(Amount in Crore)
| Sr. No. | Year | Target | Achievement | % |
|---|---|---|---|---|
| 1 | 2015-16 | 150 | 168.42 | 112.28 |
| 2 | 2016-17 | 100 | 98.35 | 98.35 |
| 3 | 2017-18 | 150 | 77.21 | 51.47 |
| 4 | 2018-19 | 150 | 26.44 | 17.63 |
| 5 | 2019-20 | 150 | 89.48 | 59.65 |
| 6 | 2020-21 | 150 | 39.98 | 26.65 |
| 7 | 2021-22 | 150 | 55.90 | 37.27 |
| 8 | 2022-23 | 150 | 88.19 | 58.79 |
| 9 | 2023-24 | 150 | 62.10 | 41.40 |
| 10 | 2024-25 | 150 | 71.36 | 47.57 |
Recovery Position of HSCARDB for the last 10 years
(Amount in Crore)
| Sr. No. | Year | Demand | Collection | % |
|---|---|---|---|---|
| 1 | 2015-16 | 1404.08 | 381.69 | 27.18 |
| 2 | 2016-17 | 1463.21 | 173.77 | 11.88 |
| 3 | 2017-18 | 1646.99 | 266.24 | 16.17 |
| 4 | 2018-19 | 1576.14 | 169.13 | 10.73 |
| 5 | 2019-20 | 1812.21 | 303.01 | 16.72 |
| 6 | 2020-21 | 1915.61 | 239.84 | 12.52 |
| 7 | 2021-22 | 1981.74 | 230.15 | 11.61 |
| 8 | 2022-23 | 2151.21 | 248.88 | 11.57 |
| 9 | 2023-24 | 2152.88 | 112.84 | 5.24 |
| 10 | 2024-25 | 2360.53 | 79.40 | 3.36 |
Recovery Position of DPCARDB for the last 10 years
(Amount in Crore)
| Sr. No. | Year | Demand | Collection | % |
|---|---|---|---|---|
| 1 | 2015-16 | 1667.18 | 521.57 | 31.28 |
| 2 | 2016-17 | 1596.18 | 246.89 | 15.47 |
| 3 | 2017-18 | 1742.98 | 242.78 | 13.93 |
| 4 | 2018-19 | 1809.82 | 185.35 | 10.24 |
| 5 | 2019-20 | 2068.23 | 456.96 | 22.09 |
| 6 | 2020-21 | 2012.55 | 211.31 | 10.50 |
| 7 | 2021-22 | 2196.31 | 126.52 | 5.76 |
| 8 | 2022-23 | 2146.31 | 261.39 | 12.18 |
| 9 | 2023-24 | 2143.01 | 180.18 | 8.41 |
| 10 | 2024-25 | 2096.13 | 135.02 | 6.44 |
Profit & Loss Position of HSCARDB
(Amount in Crore)
| Sr. No. | Year | Profit / Loss | Accumulated Losses |
|---|---|---|---|
| 1 | 2015-16 | (-) 25.71 | 127.90 |
| 2 | 2016-17 | (-) 218.10 | 346.00 |
| 3 | 2017-18 | (-) 31.88 | 377.88 |
| 4 | 2018-19 | (-) 76.38 | 454.26 |
| 5 | 2019-20 | 63.92 | 390.34 |
| 6 | 2020-21 | 23.81 | 366.53 |
| 7 | 2021-22 | (-) 48.97 | 415.50 |
| 8 | 2022-23 | (-) 20.92 | 436.42 |
| 9 | 2023-24 | (-) 518.77 | 955.19 |
| 10 | 2024-25 | (-) 124.18 | 1079.38 |