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Agriculture,Rural & Environment

COP-5 Financial Assistance to Agricultural Credit Co-operative Banks (PACS/LAMPS) for Reconstruction and Reestablishment (General/Tribal Area)

The scheme provides financial assistance to Primary Agricultural Credit Societies (PACS) and Large-sized Agricultural Multi-Purpose Societies (LAMPS) in General and Tribal areas to strengthen their economic viability and ensure their continued contribution to the cooperative credit structure.

Authority

State/ UT

Region

Gujarat

Status

Verified 2026

Updated

March 2026

What you get

Incentive admissible over and above the average amount of the last three yearsPercentage of the grant of incentive on the excess amountFor growth from 10% to 15% 1 %For growth above 15% and up to 20% 1.5 %For growth above 20% 2% or a maximum of ₹.50,000/- whichever is less (on deposits up to a ₹2,00,000/- whichever is less) | Note: The benefit of the scheme is available only once in a financial year.

Who can apply

PACS: At least the last three years.; LAMPS: At least the last two years.; Growth in credit disbursement (short and medium-term).; Improvement in loan recovery rates.; Increase in deposit collection.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the objective of this scheme?

The scheme provides financial assistance to Primary Agricultural Credit Societies (PACS) and Large-sized Agricultural Multi-Purpose Societies (LAMPS) in General and Tribal areas to help them restructure and reestablish their operations.

Who is eligible to apply for this scheme?

Only registered Agricultural Co-operative Credit Societies (PACS/LAMPS) that have been operational for the last three years (or two years in the case of LAMPS) are eligible to apply for this scheme.

How often can a society avail the benefits of the scheme?

A society can avail the benefits of the COP-5 scheme only once during a financial year.

What is the minimum operational period required for a society to apply?

A PACS must be operational for at least three years, and a LAMPS must be operational for at least two years to be eligible for the scheme.

What kind of financial performance is rewarded under the scheme?

Societies that show growth in short and medium-term credit disbursement, loan recovery, and deposit collection over the previous years are rewarded under the scheme.

What is the maximum financial assistance that can be availed through this scheme?

The maximum financial incentive under this scheme is 2% of the excess amount or ₹50,000/-, whichever is less, applicable on deposits up to ₹2,00,000/-.

Are societies located in Tribal areas also eligible under this scheme?

Yes, the scheme is applicable to societies in both General and Tribal areas.

Can newly registered societies apply for the scheme?

No, newly registered societies are not eligible. The society must be operational for a minimum of three years (or two years for LAMPS).

Where should a society submit its application for the scheme?

The application must be submitted to the District Registrar’s Office along with the required supporting documents.

Is the scheme available through an online application process?

No, there is no online application process. All applications must be submitted in person through the District Registrar’s Office.