Agriculture Term Loan
Purpose
Hassle free and adequate credit for crop production, horticulture, plantation crops, farm mechanization land development, irrigation projects,forestry,construction of cold storage and for allied activities like poultry, goatery, pigging, sheep rearing, etc.
Features
- Attractive Interest rate starting with --.--%*
- Bank finance dairy societies for construction of milk house, purchase of automatic milk collection system, transport vehicles and cold storages.
- Easy repayment : 12 to 60 months
- Borrower should have a unit of min. 2 milk cattle.
- Minimum DSCR of project should be 1.75.
- LOW Margin
- Gestation period will be 3 months.
- Easy Repayment : upto 60 months
Eligibility
- Farmers having own land/Share Croppers/Oral Lessee/Tenant Farmers
- Individuals/ Joint Borrowers who are own cultivators / agriculture entrepreneurs
KYC Requirement
- Proof of Address & Identity & Photographs
- Proof of Land holding (Max 3 months Old)
- No Dues Certificate & Affidavit
Rates & Others
- Click HERE for more details about interest rates& service charges.
- For more quries please contact to your nearest branch.
