The common prevailing practice among the farmers is that the surplus amount of agricultural income is kept in their bank deposits for future necessities. The income usually kept as fixed deposit for a certain period, will attract good interest. These instruments can be pledged in banks for availing some urgent requirement for farming / consumption purposes.
Important update: As per New Income Tax Rules, 2026 – Forms 15CA/CB for foreign remittances are replaced by Form 145/146 with effect from 1st April, 2026. To know more,click here Form 145 or Form 146
CSB Bank introduces Electronic Bank Guarantee (e-BG) through NeSL’s Digital Document Execution (DDE) platform—offering a faster, safer, and paperless guarantee issuance experience.
